American Tower Corporation Appoints Sanjay Goel as Executive Vice President and President, Asia-Pacific
American Tower Corporation (NYSE: AMT) announced the appointment of Sanjay Goel as Executive Vice President and President of the Asia-Pacific region, effective March 16, 2021. He succeeds Amit Sharma, who will become Chairman of the Asia-Pacific region and Special Advisor to the CEO until his retirement on July 1, 2021. Goel joins from Nokia, where he oversaw global operations across 100+ countries, bringing over 30 years of leadership experience. American Tower operates approximately 186,000 communications sites globally, solidifying its position as a leading independent communications infrastructure provider.
- Sanjay Goel's extensive leadership experience in telecommunications and global operations may strengthen American Tower's strategic initiatives in the Asia-Pacific region.
- The leadership transition is expected to drive value for shareholders through fresh perspectives and strong operational management.
- Transitioning leadership may create temporary uncertainty in strategic direction for the Asia-Pacific region.
- Concerns regarding continuity in strategy and execution following Amit Sharma's departure, given his long tenure and contributions.
American Tower Corporation (NYSE: AMT) today announced that Sanjay Goel has been appointed Executive Vice President and President, Asia-Pacific succeeding Amit Sharma. The appointment will be effective March 16, 2021. As previously disclosed, Mr. Sharma will serve as Chairman of the Company’s Asia-Pacific region and as Special Advisor to the CEO until his retirement on July 1, 2021.
Mr. Sharma joined American Tower in 2007 as Executive Vice President and President, Asia to lead the Company’s strategic expansion into Asia. Under his leadership, American Tower has grown its Indian footprint to nearly 76,000 communications sites, becoming one of the largest independent communications infrastructure providers in the region.
Mr. Goel joins American Tower from Nokia, where he most recently served as President of the Global Services business group and Nokia Operations. In this role, he was responsible for strategy, P&L management and Global Services business operations across more than 100 countries. As part of Nokia’s Global Operations, he was also responsible for procurement, global supply chain, global shared services and quality. Mr. Goel has over 30 years of diverse business leadership experience and has held a number of positions in Asia and Europe. He has extensive background and expertise in the Telecommunications and Information Technology industries.
Tom Bartlett, President and Chief Executive Officer of American Tower Corporation, commented, “I’d like to thank Amit for his tremendous contributions over the last 13 years, and wish him well in the future. I am extremely pleased to welcome Sanjay Goel to our executive team, and am confident he will leverage his extensive track record of strong leadership and global business experience to effectively lead our Asia-Pacific business into the future as we continue to drive value for our stockholders.”
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 approximately 186,000 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/20210311005955/en/
FAQ
Who has been appointed as the new President of Asia-Pacific for American Tower?
When will Amit Sharma retire from American Tower?
What experience does Sanjay Goel bring to American Tower?
What is the expected impact of Sanjay Goel's appointment on American Tower?
