Corporate Governance
Current members of the board of directors of Clear Channel Communications are: Alan Feld, Perry Lewis, Lowry Mays, B.J.(Red) McCombs, Phyllis Riggins, Theodore Strauss, J.C. Watts, and John H. Williams.
Tom Hicks and Vernon Jordan were formerly members of Clear Channel's board of directors. Jordan was a close friend and advisor to President Bill Clinton and was accused of lying to investigators during the investigations into perjury and obstruction of justice charges against Clinton. Hicks, Clear Channel's former vice-chairman, is a past donor to George W. Bush's political campaigns and a close associate of the Bush family. Hicks is the founder of Hicks, Muse, Tate & Furst, the private-equity firm that funded many of Clear Channel's antecedent companies, including most significantly CapStar, Chancellor Media and AM-FM, Inc..
Read more about this topic: Clear Channel Communications
Famous quotes containing the words corporate and/or governance:
“The corporate grip on opinion in the United States is one of the wonders of the Western World. No First World country has ever managed to eliminate so entirely from its media all objectivity—much less dissent.”
—Gore Vidal (b. 1925)
“He yaf me al the bridel in myn hand,
To han the governance of hous and land,
And of his tonge and his hand also;”
—Geoffrey Chaucer (1340?–1400)