(CelebrityAccess MediaWire) — Mark Mays has been named president and chief executive officer of Clear Channel Communications effective immediately. He has served as Clear Channel's interim CEO since May 7 when his father Lowry Mays underwent surgery to relieve a blood clot in his brain. Mark Mays had been president and chief operating officer since 1996. Lowry Mays will remain chairman of the board.
"Mark is the ideal executive to lead Clear Channel into an exciting future," said Lowry Mays. "He has been instrumental in the company's development and growth, and the board and I have full confidence in Mark's leadership and vision." –Bob Grossweiner and Jane Cohen