{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-231611","form_type":"8-K","ticker":"CCO","cik":"0001334978","company_name":"Clear Channel Outdoor Holdings, Inc.","filed_at":"2021-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.747121+00:00","generated_at":"2026-06-30T00:17:47.086600+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Clear Channel Outdoor CEO Eccleshare stepping down; Scott Wells to become CEO Jan 1, 2022","bullets":["CEO Eccleshare will step down Dec 31, 2021; becomes Executive Vice Chairman through 2022, then resigns from board.","Scott Wells, currently EVP/CEO Americas, named President and CEO effective Jan 1, 2022, and appointed to board.","Eccleshare receives reduced base salary of $625k, bonus target 110%, no equity grants in 2022, and $2.875M termination payment upon resignation.","Wells gets base salary $1.1M, bonus target 110%, annual equity grant min $2M, plus $1M RSU grant vesting over 3 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-231611","json":"https://secwatch.observer/filing/0001193125-21-231611.json","markdown":"https://secwatch.observer/filing/0001193125-21-231611.md","text":"https://secwatch.observer/filing/0001193125-21-231611.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1334978/000119312521231611/0001193125-21-231611-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1334978/000119312521231611/d210495d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T00:17:47.086600+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3cbd931cea","claim":"Scott Wells was appointed as member of the Board at Clear Channel Outdoor Holdings, Inc..","evidence_excerpt":"The Company also announced that Scott Wells, currently the Executive Vice President, Chief Executive Officer of the Americas Division of the Company, age 53, will assume the role of President and Chief Executive Officer of the Company as of January 1, 2022, and will be appointed as a member of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1334978/000119312521231611/0001193125-21-231611-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"member of the Board"}],"fact_type":"executive_change"},{"claim_id":"8b226d0e04","claim":"C. William Eccleshare changed role as Executive Vice Chairman at Clear Channel Outdoor Holdings, Inc..","evidence_excerpt":"C. William Eccleshare, President and Chief Executive Officer and member of the Board of Directors of the Company (the “Board”), plans to step down from the position of President and Chief Executive Office effective as of December 31, 2021, and is expected to assume the role of Executive Vice Chairman and remain a member of the Board until December 31, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1334978/000119312521231611/0001193125-21-231611-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"step down"},{"label":"Role","value":"Executive Vice Chairman"}],"fact_type":"executive_change"},{"claim_id":"ff354af1a9","claim":"Scott Wells was appointed as President and Chief Executive Officer at Clear Channel Outdoor Holdings, Inc..","evidence_excerpt":"The Company also announced that Scott Wells, currently the Executive Vice President, Chief Executive Officer of the Americas Division of the Company, age 53, will assume the role of President and Chief Executive Officer of the Company as of January 1, 2022, and will be appointed as a member of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1334978/000119312521231611/0001193125-21-231611-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}