secwatch.observer — SEC 8-K summary
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Issuer:     Clear Channel Outdoor Holdings, Inc. (CCO)
CIK:        0001334978
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0001193125-23-298677
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1334978/000119312523298677/0001193125-23-298677-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1334978/000119312523298677/d641268d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-298677

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