William Eccleshare has been appoined as CEO of the future and new standalone company Clear Channel Outdoor (CCOH).
Eccleshare is the current CEO and Board Chairman of Clear Channel International, the international division of Clear Channel Outdoor.
Effective upon iHeartMedia’s emergence from its restructuring, he will become Chief Executive Officer (CEO) of the new standalone CCOH.
Clear Channel Outdoor Holdings, Inc.’s current Board of Directors will remain in place until iHeartMedia emerges from its restructuring, at which time the new CCOH Board will assume its responsibilities. Until the company exits the restructuring process, Bob Pittman and Rich Bressler will continue their current leadership roles for CCOH, with Mr. Pittman as CEO and Mr. Bressler as Chief Financial Officer.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with over 450,000 displays in 31 countries across Asia, Europe, Latin America and North America.
The US outdoor multinational provides the integration of out-of-home with mobile and social platforms, and the company’s digital platform includes more than 1,200 digital billboards across 28 markets in the U.S. and more than 14,000 digital displays in international markets.
Former CEO of BBDO Europe to head CCOH
William Eccleshare was formerly Chairman and CEO of BBDO Europe, Middle East and Africa (Omnicom), European Chairman of Young and Rubicam and Chairman and CEO of Ammirati Puris Lintas for Northern Europe. He also spent three years as a Partner at McKinsey & Co, leading the firm’s European Branding Practice. Mr. Eccleshare has an MA in History from Trinity College, University of Cambridge.
The other members of CCOH’s Board
Leaving aside William Eccleshare, the Board of the new stand alone CCOH will be integrated by Ben Moreland (member of the Board of Houston Methodist Hospital) -Chair-; John Dionne (Senior Advisor to the Blackstone Group); Lisa Hammitt (Vice President of Cloud Marketplace and SaaS at IBM); Andrew Hobson (Partner and Chief Financial Officer at Innovatus Capital Partners); Tom King (recently serving as Chief Executive Officer of Investment Banking at Barclays and Chairman of the Investment Banking Executive Committee); Joe Marchese (President of Advertising Revenue for Fox Networks Group); MT Rainey (SVP Planning Director of Chiat/Day in the U.S) and Jinhy Yoon (executive vice president and credit analyst at PIMCO).
“The quality of CCOH’s new Board is further validation of the strength of its business,” said Bob Pittman, Chairman and CEO of iHeartMedia, Inc. “Its members have broad and global expertise across advertising and media businesses, telecom, technology, strategy and planning, and financial service and are leaders who will provide the kind of knowledge and experience critical to positioning CCOH for future growth and success.”
Image over the headline.- William Eccleshare ( CEO of the future and new standalone company Clear Channel Outdoor -CCOH-). © Clear Channel Holdings.
