8-KLeadership ChangesExhibits & Filings

AMERICAN TOWER CORP /MA/ 8-K Report, Executive Changes (Jan 19, 2021)

Filed January 19, 2021For Securities:AMT

Summary

American Tower Corporation (AMT) filed an 8-K on January 19, 2021, to announce a key change in its Board of Directors. Effective January 15, 2021, Kenneth R. Frank was elected as a director and appointed to the Audit Committee. Mr. Frank brings extensive executive leadership experience from the technology sector, having previously served as CEO of Turning Technologies and Kibo Software, among other senior roles at companies like Aptean Software and Alcatel-Lucent. This appointment is significant as it adds a director with a background in software and technology leadership to the board and specifically to the critical Audit Committee. Investors can view Mr. Frank's qualifications as a positive step in strengthening the company's governance and strategic oversight. He will receive the standard compensation for non-employee directors.

Key Highlights

  • 1Kenneth R. Frank appointed as a new director to the Board of Directors.
  • 2Mr. Frank also appointed as a member of the Audit Committee.
  • 3Mr. Frank has a substantial background in technology and software executive leadership.
  • 4His prior roles include CEO of Turning Technologies and Kibo Software, and executive positions at Aptean Software and Alcatel-Lucent.
  • 5Mr. Frank will serve as a director until the next Annual Meeting of Stockholders.
  • 6He will receive the standard compensation for non-employee directors.

Frequently Asked Questions

Kenneth R. Frank is a seasoned executive with extensive experience in the technology and software industries. He was elected to American Tower's Board of Directors and its Audit Committee to leverage his leadership and governance expertise.

His appointment to the Audit Committee is significant as it adds a director with a strong financial and operational background from the technology sector to oversee critical financial reporting, internal controls, and audit processes.

Mr. Frank will receive American Tower's standard compensation package for its non-employee directors for his service on the Board.

Mr. Frank will serve as a director until the Company's next Annual Meeting of Stockholders or until his successor is duly elected and qualified.