Time Warner finds new chief creative officer

Mark D'Arcy succeeds John Partilla in the post

NEW YORK -- Time Warner said Monday that it has promoted Mark D'Arcy to president and chief creative officer of its global media group, succeeding John Partilla.

Time Warner said Partilla, 44, is leaving to become president of global media sales at Clear Channel Communications Inc. Clear Channel said Partilla will lead national business development across the company's radio and outdoor businesses.

D'Arcy, 37, joined the Time Warner Global Media Group in 2004 and was president at agency Young & Rubicam.

Shares of Time Warner rose 61 cents to close at $25.38.