Consumer >> CEO Interviews >> March 3, 2002

L.lowry Mays – Clear Channel Communications Inc (ccu)

RANDALL T. MAYS is Executive Vice President/Chief Financial Officer of Clear Channel Communications, Inc. Including announced transactions, Clear Channel operates 1,225 radio and 37 television stations in the United States and has equity interest in over 240 radio stations internationally. Clear Channel also operates approximately 770,000 outdoor advertising displays. Prior to working at Clear Channel, Mr. Mays worked in the Mergers and Acquisitions department of the investment banking firm of Goldman, Sachs & Co., in New York and at the real estate firm of Trammell Crow Company. He holds an MBA from Harvard Business School and a BBA with high honors from the University of Texas at Austin. Profile
L. LOWRY MAYS is Chairman and Chief Executive Officer of Clear Channel Communications, Inc. He started his career with an investment firm, Russ & Company, in San Antonio, Texas, as Senior Vice President of Corporate Finance in 1962. In 1972, he formed Clear Channel Communications, when, through his position as an investment banker, he was left with a financially troubled radio station. Today, Clear Channel Communications, Inc., now Clear Channel Worldwide, is a global leader in the out-of-home advertising industry, with radio and television stations, outdoor advertising displays, and live entertainment venues in 66 countries around the world. In addition to his executive role, Mr. Mays is active in a variety of professional and civic activities. In July 2000 Radio Ink magazine named him number one on its list of The Top 40 Most Powerful People in Radio. On February 26, 2001, The Lowry Mays Family and Clear Channel Communications received the Golden Mike Award from the Broadcasters' Foundation. In July 2001 he was again named number one on Radio Ink magazine's Top 40 Most Powerful People in Radio. Mr. Mays holds an MBA from Harvard University and a BS in Petroleum Engineering from Texas A&M University. Profile
TWST: Could we start out with a quick overview of Clear Channel

Communications, Inc., and how you see it today?

Mr. Lowry Mays: We view our company as the leader in the out-of-home

media