Clear Channel Radio Names Mitch Goldstein CFO

* Reuters is not responsible for the content in this press release.

Mon Mar 30, 2009 7:00am EDT

SAN ANTONIO--(Business Wire)--
Clear Channel Radio today announced that it has named Mitchell P. Goldstein, 48,
as Chief Financial and Administrative Officer, effective immediately. Goldstein
will oversee financial, administrative and strategic change activities and will
work closely with John Hogan, President and CEO, and other senior executives at
the Company. 

"Mitch brings world-class talent and extensive financial expertise that broadens
and strengthens our management team at this important time," said John Hogan,
President and CEO of Clear Channel Radio. "Mitch`s broad industry experience
also complements our in-house knowledge and he will immediately become a
strategic and operational asset to Clear Channel Radio." 

Goldstein`s considerable executive management expertise spans finance, legal and
information technology (IT). He has served in executive positions at A&P, Vlasic
Foods, and Campbell Soup Company, among others. Goldstein holds a B.S. in
economics, magna cum laude, from the Wharton School of the University of
Pennsylvania, and an MBA, with distinction, from Harvard Business School. He
serves on the Boards of Rutgers Business School and The Elisabeth Morrow School.


"Clear Channel Radio is an outstanding business facing an unprecedented
situation," said Goldstein. "Every so often, great challenges are accompanied by
great opportunity for success. I`m looking forward to working with John and his
team to help achieve that success for Clear Channel Radio." 

Most recently, Goldstein spent two years as Executive Vice President and Chief
Financial Officer of baby and healthcare products company Nice-Pak Products,
overseeing finance and IT. He previously served as an operating executive with
Prentice Capital Management, where he guided First Look Studios. He oversaw
finance, legal and operational initiatives and was a member of the Executive
Committee as Executive Vice President and Chief Financial Officer of The Great
Atlantic & Pacific Tea Company, Inc. (A&P). He also held senior management and
planning positions at Vlasic Foods International Inc., Campbell Soup Company,
and Mercer Management Consulting. 

About Clear Channel Radio

Clear Channel Radio is a leading radio company focused on serving local
communities across the U.S. with 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, via iPods and cell phones
and used via navigation systems from BMW, Volvo, TomTom, Garmin and others. The
company's operations include radio broadcasting, syndication and independent
media representation. 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. 





Clear Channel Communications
Lisa Dollinger, 210-832-3348
lisadollinger@clearchannel.com
or
Brainerd Communicators
Michele Clarke, 212-986-6667
clarke@braincomm.com



Copyright Business Wire 2009

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