Home URBAN Richard J. Bressler Named President And Chief Financial Officer Of CC Media...

Richard J. Bressler Named President And Chief Financial Officer Of CC Media Holdings

richard-bressler-b_1CC Media Holdings, Inc.  announced that widely respected media and finance executive Richard J. Bressler will become President and of CC Media Holdings, Inc. and iHeartmedia (formerly Clear Channel) Communications, Inc., and Chief Financial Officer of iHeartmedia (formerly Clear Channel) Outdoor Holdings, Inc. (NYSE: CCO), reporting to Chairman and CEO Robert Pittman, effective immediately.

Bressler, who has served as of and and at Thomas H. Lee Partners, possesses wide-ranging experience and expertise in the media, entertainment, digital and out-of-home businesses as well as an extensive background in public companies, private equity and venture capital investing.

As a member of Thomas H. Lee Partners, one of the two private equity firms that completed a multi-billion-dollar acquisition of iHeartmedia (formerly Clear Channel) in , Bressler has been a Director of CC Media Holdings, Inc. and iHeartmedia (formerly Clear Channel) Communications, Inc. since then, positions he will continue to hold, and has been intimately involved in the company as a member of the CC Media Holdings board’s operating committee.

As President of CC Media Holdings, Inc. and iHeartmedia (formerly Clear Channel) Communications, Inc., Bressler will work closely with Pittman on the further development of strategies and initiatives to ensure that iHeartmedia (formerly Clear Channel) capitalizes on its unique assets. In his capacity as CFO, Bressler will succeed Tom Casey, who served as Executive Vice President and Chief Financial Officer of CC Media Holdings, Inc., iHeartmedia (formerly Clear Channel) Communications, Inc. and iHeartmedia (formerly Clear Channel) Outdoor Holdings, Inc. from 2010.

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