| Item 7.01 | Regulation FD Disclosure. |
On February 25, 2019, Clear Channel Outdoor Holdings, Inc. (the “Company”) issued a press release announcing that Brian Coleman, the current Senior Vice President and Treasurer of the Company and of iHeartMedia, Inc. (the indirect parent of the Company (“iHeartMedia”)), will become the Chief Financial Officer of the Company upon consummation of the Company’s separation from iHeartMedia in connection with iHeartMedia’s emergence from Chapter 11. The Company also announced that Lynn Feldman, currently serving as Executive Vice President and General Counsel of the Company’s Clear Channel Outdoor Americas (CCOA) division, will become Executive Vice President, General Counsel and Corporate Secretary of the Company upon consummation of the Company’s separation from iHeartMedia in connection with iHeartMedia’s emergence from Chapter 11.
A copy of the press release is attached to this Current Report on Form8-K as Exhibit 99.1 and is incorporated by reference herein.
In accordance with General Instruction B.2 of Form8-K, the information under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall such information, including Exhibit 99.1, be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
This Current Report on Form8-K and the press release incorporated by reference herein include “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements contain words such as “may,” “will,” “expect,” “believe,” “would,” “estimate,” “continue,” or “future,” or the negative or other variations thereof or comparable terminology. In particular, they include statements relating to, among other things, the proposed restructuring of iHeartMedia, the composition and responsibilities of senior management and future outcomes. These forward-looking statements are based on current expectations and projections about future events. Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements.
| Item 9.01 | Financial Statements and Exhibits |
2
