WASHINGTON, DC: Kevin J Martin (pictured), the outgoing chairman of the Federal Communications Commission, has announced he will stand down from the position on January 20, taking up a role as senior fellow at Washington-based think tank The Aspen Institute.

Martin joined the FCC in 2001, and has chaired the organization since 2005, overseeing a number of controversial initiatives, most recently the proposed transition to digital television.

His resignation letter to President George W Bush reads: "During this period, we have seen a telecommunications industry undergoing rapid and unprecedented change. 

"As a result of the market-oriented and consumer focused policies we have pursued the American people are now reaping the rewards of convergence and the broadband revolution including new and more innovative technologies and services at ever-declining prices."

Incoming President Barack Obama has nominated Julius Genachowski, who has served as his technology adviser, to take over from Martin.

Data sourced from AdWeek (USA); additional content by WARC staff