The Toledo Blade reports Andy Stuart, who has been with
Clear Channel Communications Inc. in Toledo
for years, declined to discuss in detail his departure from the company.
“I can confirm that I resigned from Clear Channel today,”
Mr. Stuart said on Tuesday night.
Clear Channel, the largest radio-station operator in the
country, operates several stations in the Toledo
market, including WSPD-AM and WVKS-FM 92.5.
Mr. Stuart said he would not leave the company immediately.
He referred all questions to his spokesman, Richard Marks, in McLean , Va.
“I can confirm that Andy is leaving Clear Channel,” Mr.
Marks said. “He will be the president and CEO of a new technology company that
should be up and running by the end of 2013.”
Mr. Marks identified himself as a director of the new
company but would not reveal its name or location. He said the company would be
dealing in proprietary technology and therefore he could not share any
specifics.
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