American Tower Corporation (ATC) on Monday announced that Tom Bartlett will succeed Jim Taiclet as President and CEO of the Company with immediate effect.
Bartlett has served as American Tower’s EVP and CFO for over ten years, joining the Company from Verizonn in April 2009 after a career there of more than 25 years. During Bartlett’s tenure and leadership, American Tower’s total revenues have grown by 375% and its enterprise value has expanded to $128 billion from $16 billion, said the Company.
Rod Smith, the Company’s current SVP, Corporate Finance and Treasurer will become the new EVP, CFO and Treasurer. Smith has been with the Company for more than ten years, including serving as Chief Financial Officer of the Company’s U.S. Tower Division.
Taiclet joined American Tower in 2001 as President and COO and became its CEO and Chairman in 2003, succeeding Company founder Steven Dodge. Taiclet will continue as executive Chairman until the Company’s 2020 annual meeting.
Tom Barlett, New President and CEO, American Tower
Not only are we well-positioned to capitalize on the continuing secular growth trends in mobile on a worldwide basis, but we also have a proven leadership team and dedicated employees throughout our markets to meet the needs of our diverse stakeholders. It’s an honor for me to lead a company that will play such an important role in the digital future.
