Clear Channel Communications, Inc. is an American media conglomerate company headquartered in San Antonio, Texas. It was founded in 1972 by Lowry Mays and Red McCombs, and specializes in radio broadcasting, concert promotion and hosting, and fixed advertising in the United States through its subsidiaries. After 21 years, Mark Mays stepped down as President and CEO of Clear Channel on June 23, 2010. Mays will remain as Chairman of the Board, a position he has held for a year prior. The Board has engaged Egon Zehnder International, a leading executive search firm, to lead the search for a new CEO. - Source: Wikipedia
