8-KLeadership ChangesRegulation FDExhibits & Filings

CROWN CASTLE INC. 8-K Report, Executive Changes (Feb 21, 2014)

Filed February 21, 2014For Securities:CCI

Summary

Crown Castle International Corp. (CCI) filed an 8-K on February 21, 2014, reporting two key events that occurred on February 20, 2014. The company announced the appointment of P. Robert Bartolo to its Board of Directors, increasing the board size to 11 members. Mr. Bartolo brings significant financial expertise, having served as a portfolio manager at T. Rowe Price for nearly a decade and holding the Chartered Financial Analyst designation. This appointment is intended to strengthen the board's oversight and strategic guidance. In addition to the board change, CCI also announced the declaration of its quarterly dividend. The company will pay a dividend of $0.35 per share of common stock on March 31, 2014, to shareholders of record as of March 20, 2014. This dividend declaration reflects the company's ongoing commitment to returning value to its shareholders.

Key Highlights

  • 1Appointment of P. Robert Bartolo to the Board of Directors, increasing board size to 11.
  • 2Mr. Bartolo's extensive experience as a portfolio manager at T. Rowe Price and his CFA designation add financial and investment expertise to the board.
  • 3Declaration of a quarterly dividend of $0.35 per share.
  • 4Dividend payment date is March 31, 2014.
  • 5Record date for dividend payment is March 20, 2014.
  • 6The report includes press releases as exhibits detailing these announcements.

Frequently Asked Questions

Mr. Bartolo's appointment is significant as he brings substantial experience in investment management, having been a portfolio manager at T. Rowe Price. His expertise is expected to enhance the board's strategic decision-making capabilities and financial oversight.

The company declared a quarterly dividend of $0.35 per share of common stock. This dividend will be paid on March 31, 2014, to shareholders who were recorded as holding the stock by the close of business on March 20, 2014.

This particular 8-K filing does not report any departures or appointments of officers. It specifically focuses on the appointment of a new director and the declaration of a dividend.

The full press releases announcing the board appointment and the dividend declaration are furnished as Exhibits 99.1 and 99.2 to this Form 8-K filing.