Crown Castle Announces Chief Operating Officer Transition for Towers Business
August 18 2021 - 4:15PM
Crown Castle International Corp. (NYSE: CCI) ("Crown Castle")
announced today that Catherine Piche has been appointed to succeed
Robert C. Ackerman as Executive Vice President and Chief Operating
Officer–Towers, effective September 1, 2021. Mr. Ackerman plans to
retire following a 50-year career that included 23 years in various
senior leadership roles at Crown Castle, and he has agreed to
remain with Crown Castle in an advisory capacity until February
2022 to assist with various matters, including the transition of
his successor.
“I want to thank Bob for his significant
contributions and steady leadership that helped us generate
significant growth and create value for our shareholders during the
last 23 years, and I want to wish him the best in his retirement,”
stated Jay Brown, Crown Castle’s Chief Executive Officer. “I am
excited to welcome Cathy to our executive management team and
believe her proven leadership capabilities and extensive
operational experience will be invaluable as we support our
customers’ nationwide 5G deployments.”
Ms. Piche joined Crown Castle in 2011 and has
served in a variety of leadership roles, including most recently as
Senior Vice President–Project Delivery, Design & Construction
for Crown Castle’s Fiber business. Previously, Ms. Piche served as
Vice President–Project Delivery, and led multiple regions within
Crown Castle’s Tower organization as Area President. Prior to
joining Crown Castle, Ms. Piche held various leadership positions
at American Tower Corporation and served in numerous site
development roles at Sprint Corporation and AT&T Wireless. Ms.
Piche holds a Bachelor of Arts degree from Michigan State
University and a Masters in Science in Urban Planning and
Architecture from the University of Michigan–Ann Arbor.
ABOUT CROWN CASTLE
Crown Castle owns, operates and leases more than
40,000 cell towers and approximately 80,000 route miles of fiber
supporting small cells and fiber solutions across every major U.S.
market. This nationwide portfolio of communications infrastructure
connects cities and communities to essential data, technology and
wireless service – bringing information, ideas and innovations to
the people and businesses that need them. For more information on
Crown Castle, please visit www.crowncastle.com.
CAUTIONARY LANGUAGE REGARDING
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking
statements that are based on management's current expectations.
Such statements include plans, projections, estimates and
expectations regarding (1) contributions from Ms. Piche, (2) 5G
deployments by Crown Castle's customers, and (3) Mr. Ackerman’s
retirement plans and Ms. Piche’s succession as Executive Vice
President and Chief Operating Officer–Towers. Such forward-looking
statements are subject to certain risks, uncertainties and
assumptions, including prevailing market conditions. Should one or
more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
materially from those expected. More information about potential
risks that could affect Crown Castle and its results is
included in Crown Castle's filings with
the Securities and Exchange Commission. The term "including,"
and any variation thereof, means "including, without
limitation.”
CONTACTSDan Schlanger, CFO Ben Lowe, SVP &
Treasurer Crown Castle International Corp.713-570-3050
Crown Castle (NYSE:CCI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Crown Castle (NYSE:CCI)
Historical Stock Chart
From Apr 2023 to Apr 2024