The boss of live music and US radio giant Clear Channel has confirmed he is stepping down for the time being to recover from a very serious sounding operation. Lowry Mays had surgery last week to treat a blood clot and bleeding in his brain. While in recovery his son, Mark P Mays, who has served as Clear Channel's President/COO since 1993, will take over the CEO role.
Lowry Mays announced his decision to rest for the time being by saying: "I have decided to take some time off to focus on my health, so that when I come back, I am at 100%. While I am gone, I have complete confidence in Mark, along with all of the managers at Clear Channel, to keep things running smoothly."