8-KLeadership Changes

AMERICAN TOWER CORP /MA/ 8-K Report, Executive Changes (Feb 27, 2026)

Filed February 27, 2026For Securities:AMT

Summary

American Tower Corporation (AMT) has filed an 8-K report detailing executive compensation for 2026. The Compensation and Human Capital Committee has established base salaries and target cash bonus incentives for its Named Executive Officers. Notably, CEO Steven O. Vondran has a base salary of $1,000,000 with a target bonus of 200% of his base salary. Other key executives, including the CFO, COO, CAO, General Counsel, and EVP of U.S. Tower, have base salaries ranging from $605,000 to $706,200, with target bonuses set at 125% of their respective base salaries. These compensation decisions are contingent on the achievement of pre-established Company financial goals and individual executive objectives for the fiscal year ending December 31, 2026. The Compensation Committee retains the discretion to increase annual cash bonus incentives, up to a maximum of 200% of the target bonus, should the Company and individual executives exceed their set goals. Further details on executive compensation will be disclosed in the upcoming 2026 Proxy Statement.

Key Highlights

  • 12026 executive compensation framework established for Named Executive Officers.
  • 2CEO Steven O. Vondran's base salary set at $1,000,000 with a 200% target bonus potential.
  • 3Other key executives' target bonuses are set at 125% of their base salaries.
  • 4Compensation decisions are tied to achievement of Company financial and individual executive goals.
  • 5Potential for bonus payouts to exceed target by up to 200% if goals are surpassed.
  • 6Former Executive Vice President, International, Olivier Puech, retired effective January 2, 2026, and is not included in this compensation list.

Frequently Asked Questions

The primary purpose of this 8-K filing is to disclose the 2026 base salaries and target cash bonus incentives for American Tower Corporation's Named Executive Officers, as determined by the Compensation Committee.

The 2026 cash bonus incentive is determined based on the achievement of pre-established Company financial goals and individual goals set for each executive. The Compensation Committee has discretion to increase bonuses above target, up to a maximum of 200% of the target bonus, if goals are exceeded.

For 2026, CEO Steven O. Vondran will have a base salary of $1,000,000 and a target cash bonus incentive of 200% of his base salary, which equates to a potential $2,000,000 bonus.

Additional and more detailed information regarding the compensation of the Current Named Executive Officers will be included in American Tower Corporation's 2026 Proxy Statement when it is filed with the SEC.