Clear Channel Outdoor is to begin trading on the New York Stock Exchange from tomorrow (Thursday) as it completes its separation from iHeartMedia to become a standalone company.
William Eccleshare, worldwide chief executive, will ring the opening bell above the trading floor at the NYSE tomorrow.
MT Rainey, co-founder of Rainey Kelly Campbell Roalfe, and Joe Marchese, president for ad revenue at Fox, are among the new board members at Clear Channel.
Eccleshare said: "Today marks a significant milestone for our company. This new chapter provides us with the mandate and stability to continue to invest in the transformation of out-of-home, while ensuring that we continue to hold our position as a market leader in a fast-moving and dynamic industry.
"I am excited to lead Clear Channel Outdoor Holdings as we embrace our new-found position as an independent company and build on the strong results both our CCI [Clear Channel International, covering Asia, Europe and Latin America markets] and CCOA [Clear Channel Outdoor Americas] divisions delivered last year."