 SAN ANTONIO, TX. (Clear Channel Communications) - Clear Channel Communications, Inc. today announced that Randall T. Mays has been named President, effective immediately. He will also retain his chief financial officer responsibilities. Randall Mays has served as a director of the company since April 1999 and was most recently Executive Vice President and Chief Financial Officer. Mark P. Mays remains Chief Executive Officer. "Randall has demonstrated outstanding operational and financial acumen in both his leadership of strategic initiatives as well as the company's realignment," said L. Lowry Mays, Chairman of the Board. "His commitment to quality, combined with his focus on creating shareholder value, can now be more broadly applied across the company."
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