Robert Walls, Jr., Joins Clear Channel As General Counsel

Gail Chiasson, North American Editor

Robert Walls, Jr. will join San Antonio-based Clear Channel Communications Inc. as executive vice-president and general counsel, effective Jan. 1, 2010.

Walls, who will oversee the Company’s legal and government affairs activities, will report to Mark Mays, president and CEO.

Walls joins Clear Channel from Post Oak Energy Capital, a private equity firm dedicated to investing equity and debt in energy and energy service companies, where he is a managing director and a founding partner.

Previously, Walls was executive vice-president and general counsel at Enron Corp., and a member of its chief executive office. There, he helped lead a restructuring that dealt with approximately 25,000 claims in excess of $900 billion; the coordination of two court-appointed bankruptcy examiners; the selection and transition of two boards of directors; and the confirmation of a Plan of Reorganization within three years of the filing. He joined Enron in 1999 from law firm, Vinson & Elkins LLP.


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