Summary
This Form 8-K filing from American Tower Corporation (AMT) on June 11, 2008, primarily announces a significant change in its senior financial leadership. The Chief Financial Officer (CFO) and Treasurer, Bradley E. Singer, has notified the company of his intent to resign, with his departure scheduled for June 30, 2008. Mr. Singer is reportedly leaving to pursue other opportunities and not due to any disagreements with the company. In response to this planned departure, the company has appointed Jean Bua, Executive Vice President of Finance and Corporate Controller, to serve as interim CFO. Ms. Bua, who has been with the company since August 2005 and possesses extensive experience in finance and accounting roles, will also retain her responsibilities as principal accounting officer. The company has stated it will initiate a search for a permanent successor to Mr. Singer, considering both internal and external candidates. The filing also includes a press release detailing these announcements as an exhibit.
Key Highlights
- 1CFO and Treasurer Bradley E. Singer intends to resign effective June 30, 2008.
- 2Mr. Singer's resignation is for pursuing other opportunities and not due to disagreements with the company.
- 3Jean Bua, EVP of Finance and Corporate Controller, appointed as interim CFO.
- 4Ms. Bua will retain her role as principal accounting officer.
- 5The company will commence a search for a permanent CFO.
- 6Press release announcing the executive changes is furnished as an exhibit.