---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-298677"
form_type: "8-K"
ticker: "CCO"
cik: "0001334978"
company_name: "Clear Channel Outdoor Holdings, Inc."
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:25:36.531813+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# David Sailer appointed CFO of Clear Channel Outdoor, effective March 1, 2024; Brian Coleman becomes consultant

## Summary
- David Sailer, EVP CFO Americas since 2014, promoted to Company CFO effective March 1, 2024; succeeds Brian Coleman.
- Brian Coleman steps down as CFO on March 1, 2024, and will serve as consultant through April 15, 2025, focusing on balance sheet.
- Sailer receives $650,000 base salary, 100% target bonus, sign-on equity of $400,000, and annual equity target of $1.2 million.
- Company reaffirms previously issued guidance for Q4 and full year 2023; no specific figures disclosed in the filing.

## SEC filing metadata
- accession: 0001193125-23-298677
- form_type: 8-K
- ticker: CCO
- cik: 0001334978
- company_name: Clear Channel Outdoor Holdings, Inc.
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1334978/000119312523298677/0001193125-23-298677-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1334978/000119312523298677/d641268d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-298677
- JSON: https://secwatch.observer/filing/0001193125-23-298677.json
- Plain text: https://secwatch.observer/filing/0001193125-23-298677.txt

## Key facts
- Executive change
  David Sailer was appointed as Executive Vice President, Chief Financial Officer at Clear Channel Outdoor Holdings, Inc..
  - Action: appointed
  - Role: Executive Vice President, Chief Financial Officer
  source text: On December 18, 2023, the Board of Directors (the “Board”) of Clear Channel Outdoor Holdings, Inc. (the “Company”) appointed David Sailer, currently the Executive Vice President, Chief Financial Officer of the Americas of the Company, as Executive Vice President, Chief Financial Officer of the Company, effective as of March 1, 2024 (the “Transition Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1334978/000119312523298677/0001193125-23-298677-index.htm
- Executive change
  Brian D. Coleman departed as Executive Vice President, Chief Financial Officer and Assistant Secretary at Clear Channel Outdoor Holdings, Inc..
  - Action: depart
  - Role: Executive Vice President, Chief Financial Officer and Assistant Secretary
  source text: Also on December 18, 2023, the Board and Brian D. Coleman agreed that Mr. Coleman will depart from his position as Executive Vice President, Chief Financial Officer and Assistant Secretary of the Company, effective as of the Transition Date, upon which time he will become a consultant to the Company until April 15, 2025 (unless earlier terminated pursuant to the terms of the Coleman Consulting Agreement (as defined below)) in order to assist with transition matters.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1334978/000119312523298677/0001193125-23-298677-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
