Rick Baran Named EVP/Chief Financial Officer for Clear Channel Radio.

Clear Channel Radio announced that it has named Rick Baran as EVP/Chief Financial Officer. In this role, Baran will oversee all financial and administrative operations for Clear Channel Radio as well as oversee the CCR Strategic Initiatives Office and its Business Affairs division. He will be part of the company's senior management team and report directly to Clear Channel Radio President and CEO John Hogan.

"Rick's track record is one of strong financial leadership in the media and entertainment sector, and he has the experience, the skills, and the relationships we need to take Clear Channel Radio to the next level," said Hogan. "We have a very aggressive business strategy, including accelerating the development and growth of the next generation of Clear Channel's popular and successful iHeartRadio digital products. Rick will help ensure we lead the way in providing an unparalleled radio experience to all our audiences and on every platform."

Baran, who has been with Clear Channel since 2010, previously served as Senior Vice President of Finance Operations for the company's corporate office. He joined Clear Channel from CBS Corporation, where his tenure included serving as Executive Vice President and CFO for CBS TV Stations, responsible for the financial performance and tactical execution of all CBS-owned and operated stations.

"I'm looking forward to my new role at Clear Channel Radio as the company moves quickly to seize opportunities in the digital radio space while maintaining its strong leadership position in radio," Baran said. "This is an exciting time, as technology changes the dynamics of the radio industry, and I look forward to working with John and the team to capitalize on our opportunities going forward."

Clear Channel Radio is a leading radio company focused on serving local communities across the U.S. with 894 radio stations in 150 markets and an audience of more than 110 million listeners choosing Clear Channel Radio programming each week. The company's content can be heard on AM/FM stations, HD digital radio channels, on the Internet, at iHeartRadio.com and on the iHeartRadio mobile application on mobile devices including iPhone, Android, BlackBerry and Windows 7, and used via navigation systems from TomTom, Garmin and others. The company's operations include radio broadcasting, the Premiere Radio Network syndication services and independent media representation firm Katz Media Group. Clear Channel Radio is a division of Clear Channel Communications, Inc. (OTCBB:CCMO), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.com.

Keywords: Clear Channel Radio, Digital Radio, Electronics, Finance, Financial, Investing, Investment, Technology.

This article was prepared by Electronics Newsweekly editors from staff and other reports. Copyright 2011, Electronics Newsweekly via VerticalNews.com.