Former Condé Nast executive Suzanne Grimes is out as president and chief operating officer of Clear Channel Outdoor after just 20 months.
Grimes, who had jumped to the outdoor job after a long career in magazine publishing, was lured by Clear Channel Chairman and CEO Bob Pittman in December 2012.
“I am winding things down here,” Grimes confirmed to Media Ink. “I am going to take Labor Day to spend time with my family and then get back into things in September.”
No replacement has been named, and Grimes said she has nothing lined up at the moment.
Clear Channel Outdoor is said to have hired headhunter Egon Zender.