Clear Channel Outdoor Promotes Toby Sturek to Executive Vice President of
NEW YORK, April 2, 2013
NEW YORK, April 2, 2013 /PRNewswire/ --Clear Channel Outdoor, Inc. (NYSE:
CCO) today announced the promotion of Toby Sturek to executive vice president
of specialty businesses. In his new role, Sturek will join the CCO North
American executive committee and report directly to Suzanne Grimes, president
and chief operating officer for Clear Channel Outdoor North America. Sturek
now oversees four major lines of businesses – Clear Channel Airports, Clear
Channel Malls, Clear Channel Spectacolor and Clear Channel Outdoor in Canada.
(Photo: http://photos.prnewswire.com/prnh/20130402/NY86894 )
In making the announcement, Grimes said, "This important organizational change
will help Clear Channel Outdoor achieve our growth objectives in the near- and
long-term. I have enormous confidence in Toby's abilities to expand upon the
successes he's already achieved with airports as he takes on the
responsibility for profitably growing revenues with the outdoor business in
Canada, through our malls business and with Spectacolor. Since 2010, Toby
increased our airport revenues by over 21 percent. He achieved this
remarkable success in a tough business environment by leveraging his strong
relationships with key advertising agencies and winning or renewing sixty-one
In his previous role as president of Clear Channel Airports, Sturek was the
visionary behind innovative long-term growth strategies, strategic marketing
and business development initiatives. During his tenure, Clear Channel
Airports won 16 new airport contracts and also introduced several technology
initiatives, including FlySmart^TM, a passenger app; and ClearVision Digital
Network, a television experience programmed specifically for airports.
Sturek's career at Clear Channel Outdoor began in 2000 when he joined the
company as senior financial analyst for mergers and acquisitions. He was
named vice president and chief financial officer of Clear Channel Airports in
2005 and was named co-president a few years later in 2009.
"The businesses now under Toby's guidance are important components of Clear
Channel Outdoor's portfolio and are significant to the growth of the North
American business," said Grimes. "I believe that Toby's unique combination of
leadership skills, industry knowledge, and track record of success make him
uniquely qualified for this role."
About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world's largest
outdoor advertising companies reaching more than half a billion people
globally every month. CCOhelps advertisers create inspiring out-of-home
campaigns across displays spanning traditional and digital sign formats in
urban, transit, airport and roadside environments, on street furniture, and at
retail nearpoint of sale. CCO enables brands to meet and engage people out
and about in all manner of lifestyle environments. CCO's network spans 28
countries with 750,000 displays and has the fastest growing digital outdoor
network now surpassing 4,500 digital billboards worldwide.
Certain statements in this release constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of
1995.Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results performance
or achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by such
Clear Channel Outdoor
SOURCE Clear Channel Outdoor, Inc.
Press spacebar to pause and continue. Press esc to stop.