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American Tower (NYSE:AMT) said Thursday that Tom Bartlett will retire from his roles as president, CEO and director of the board, starting Feb. 1, 2024, and will be succeeded by Steve Vondran.
To facilitate the transition, Vondran, who joined AMT in 2000, has also been appointed executive vice president, global chief operating officer for the interim period, effective Nov. 1, 2023, until Feb. 1, 2024.
Since August 2018, Vondran has served as the telecom tower REIT’s executive vice president and president of the U.S. Tower business.
Eugene Noel, the company’s current senior vice president and chief operating officer of the U.S. Tower unit, will become the division’s new executive vice president and president, effective Nov. 1, 2023.
During Bartlett’s, who’s been with American Tower (AMT) since 2009, became the company’s CEO in 2020.
Earlier on Thursday, American Tower (AMT) boosted its guidance for 2023 adjusted funds from operations as Q3 top and bottom lines came in stronger than expected.