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Tale of the Tape  

Clear Channel Appoints New CFO

June 05, 2009 | Comments: 0
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CCO
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Clear Channel Outdoor Holdings Inc.
(CCO - Snapshot Report) named Chet Kwasniak as chief financial officer for its Americas division on Friday, amid a slump in advertising spending stemming from the ongoing credit crisis.

Kwasniak, who assumes his new responsibilities of supervising the company's financial reporting and information-technology activities on Jun 15, was earlier an executive at Danaher Corp. (DHR - Analyst Report) and Cisco Systems Inc. (CSCO - Analyst Report).

Shares of CCO, a Zacks #3 Rank ("Hold") company, are up approximately 5.5% today.


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Market Summary Feb 10, 2010 06:12 am ET
DJIA 10058.64  150.25 1.52%
NASD 2150.87  0.00 0.00%
S&P 500 1070.52  13.78 1.30%