American Tower Corporation Announces Election of Kenneth R. Frank to Board of Directors

Rhea-AI Summary

American Tower Corporation (NYSE: AMT) has appointed Kenneth R. Frank to its Board of Directors. Mr. Frank, currently the CEO of Turning Technologies, brings extensive experience from previous leadership positions at Kibo Software, Aptean Software, and Alcatel-Lucent. His history includes executive roles at AT&T Bell Laboratories and BellSouth Telecommunications. American Tower's President Tom Bartlett expressed confidence that Frank's global business experience will significantly benefit the company's ongoing strategies for growth and expansion in the telecommunications sector.

Positive

• Appointment of Kenneth R. Frank expected to enhance board capabilities.
• Frank's extensive leadership experience may provide valuable insights for strategic growth.

Negative

• No concerns or negative aspects identified.

American Tower Corporation (NYSE: AMT) announced that its Board of Directors has elected Kenneth R. Frank as a director.

Mr. Frank is the Chief Executive Officer of Turning Technologies. Prior to joining Turning Technologies, Mr. Frank was the CEO of Kibo Software from January 2016 to December 2018 and President and Chief Operating Officer of Aptean Software from October 2011 to December 2015. Prior to his role at Aptean, Mr. Frank held a number of executive positions at Alcatel-Lucent. He began his career at AT&T Bell Laboratories in 1989 and has held leadership positions at BellSouth Telecommunications, Broadband Office and Masergy Communications. Mr. Frank is a director of Egenera, Inc. and was previously a director of Kibo Commerce and Eyecast.

“We are extremely pleased to welcome Kenneth to our Board of Directors,” said Tom Bartlett, President and Chief Executive Officer of American Tower. “Kenneth has been a distinguished leader in a number of technology organizations throughout his career and brings a wealth of highly relevant global business and industry experience to American Tower. We believe that Kenneth will add tremendous value to our Board as we continue to execute our Stand and Deliver strategy, seek to drive compelling growth across our comprehensive footprint and advance our global platform expansion initiatives.”

About American Tower

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 183,000 communications sites. For more information about American Tower, please visit www.americantower.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005108/en/

FAQ

Who is the new director elected by American Tower Corporation?

Kenneth R. Frank has been elected as a new director of American Tower Corporation.

What experience does Kenneth R. Frank bring to American Tower?

Kenneth R. Frank has leadership experience from Turning Technologies, Kibo Software, and Aptean Software, among others.

What is the significance of Kenneth R. Frank's appointment for American Tower?

His appointment is expected to provide valuable insights and enhance the company's strategic growth initiatives.

What was Tom Bartlett's comment on Kenneth R. Frank's election?

Tom Bartlett, the CEO, stated that Kenneth's background will add tremendous value to the Board as American Tower executes its growth strategies.