Tuesday, July 23, 2002

Former DJ resigns as radio exec


Randy Michaels takes new Clear Channel job

By Dan Horn, dhorn@enquirer.com
The Cincinnati Enquirer

        Randy Michaels, the former Cincinnati disc jockey who became one of the most powerful executives in radio, stepped down Monday as head of Clear Channel Communications' radio division.

        Company officials announced that Mr. Michaels was leaving his post to become head of Clear Channel's new technologies division.

        In a statement released by the company, Mr. Michaels said his new job would focus on developments in interactive, wireless broadband and satellite technologies.

        Clear Channel chief operating officer Mark Mays gave no reason for the move other than that he believes Mr. Michaels' “vision and foresight” will help the company use new technology to grow.

        “Randy will be able to utilize this strength to enable us to react better to the advent of new technologies,” Mr. Mays said in his statement.

        Mr. Michaels, 50, built his reputation as a brash, hard-charging executive by turning the Covington-based Jacor Communications into a radio powerhouse during the 1990s.

        In 1998 Jacor was acquired by Clear Channel, a multimedia company.

        Mr. Michaels eventually became chief executive officer of the radio division and oversaw the more than 600 radio stations.

        Last year, he was ranked by Radio Ink as the seventh most powerful man in radio.

       



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