Clear Channel Outdoor Holdings, Inc. Reports Results For 2021 Second Quarter And Announces CEO Succession Plan
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Clear Channel Outdoor Holdings (CCO) Q2 Revenue Beats; CEO to Transition to Executive Vice Chairman
July 29, 2021 8:50 AM EDTClear Channel Outdoor Holdings (NYSE: CCO) reported Q2 revenue of $531.08 million versus the consensus estimate of $496.42 million.
The company also announced that William Eccleshare will assume the new role of Executive Vice Chairman on January 1, 2022 and Scott Wells will become Chief Executive Officer at that time.
"Our second quarter top line performance, which exceeded the combined guidance provided, improved with each month as the quarter progressed, and we are continuing to see positive momentum build in our business as the rebound takes shape across our footprint,"... More
