Clear Channel has named Steven Cutler to a newly created position, senior vice president of Business Development and Corporate Strategy, effective immediately. He will report directly to Bob Pittman, chief executive officer of Clear Channel.

Cutler will work with all parts of the company to execute key initiatives and strategies as determined by Pittman and operating division leadership, as well as fulfilling a lead role in major strategic agreements for the company and its divisions as needed.

He will retain his position with Pilot Group, the private investment firm Pittman founded and continues to lead. Previously Cutler was an investment banker at Bank of America Merrill Lynch, where he worked on mergers and acquisitions and capital markets transactions for media and consumer/retail companies. His experience also includes having been an analyst at Jupiter Media Metrix Research, focusing on online and mobile platforms.

“Steven has a strong background in both business development and strategy across a number of industries. I’m confident that his broad background and relevant experience will be of great value as we take Clear Channel into stronger partner relationships and new areas of growth,” Pittman said in a statement.

Related links:

Photo of Clear Channel’s London headquarters by Flickr user Ben Sutherland, used under Creative Commons license