Mark Mays to Step Down as Clear Channel CEO

In an e-mail to employees on Tuesday, Mays said, "Given the positive trends we are seeing, I am very optimistic about the future of Clear Channel. That's why I feel this is an opportune time for a new CEO to work with the management team in leading our terrific company forward."

That 2013 date seems very significant... we'll see how things play out politically... and did you ever wonder why Clear Channel Communications is headquartered in Texas???... More in the WSJ
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