8-KLeadership ChangesExhibits & Filings

AMERICAN TOWER CORP /MA/ 8-K Report, Executive Changes (Jun 1, 2007)

Filed June 1, 2007For Securities:AMT

Summary

This 8-K filing by American Tower Corporation (AMT) on June 1, 2007, primarily announces a significant governance change: the election of JoAnn A. Reed to the company's Board of Directors, effective May 31, 2007. Ms. Reed brings extensive financial expertise, currently serving as Senior Vice President, Finance and Chief Financial Officer of Medco Health Solutions, Inc. Her prior experience includes prominent roles at various well-known corporations and current board memberships, suggesting a valuable addition to AMT's strategic oversight. The filing also confirms that further details regarding Ms. Reed's committee assignments on the Board will be disclosed in subsequent filings. This event is material for investors as it impacts the composition and expertise of the company's leadership, which is crucial for financial strategy and corporate governance.

Key Highlights

  • 1American Tower Corporation (AMT) elected JoAnn A. Reed as a new member of its Board of Directors.
  • 2The appointment was effective May 31, 2007.
  • 3Ms. Reed's current role is Senior Vice President, Finance and Chief Financial Officer of Medco Health Solutions, Inc.
  • 4She possesses significant financial and accounting experience accumulated since 1988.
  • 5Ms. Reed also serves on the board of directors of Waters Corp. and as a Trustee for St. Mary’s College of Notre Dame.
  • 6Ms. Reed will serve as a director until the next annual meeting of stockholders.
  • 7Details on Ms. Reed's committee assignments will be filed separately.

Frequently Asked Questions

JoAnn A. Reed is a seasoned financial executive, currently serving as Senior Vice President, Finance and Chief Financial Officer of Medco Health Solutions, Inc. Her appointment to American Tower's Board of Directors is significant as it brings substantial financial acumen and strategic oversight experience to the company's leadership, which is critical for investor confidence and corporate governance.

JoAnn A. Reed's appointment as a member of the Board of Directors was effective May 31, 2007.

The filing states that the Company will file an amendment to this Form 8-K and include the relevant information pertaining to such appointment when Ms. Reed is appointed to serve on a standing committee of the Board.

In accordance with the Company’s By-Laws, Ms. Reed will serve as a director until the next annual meeting of stockholders or until her successor is elected and qualified.