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American Tower logoAmerican Tower AMT

The company said the Compensation Committee on February 27, 2025 set base salary for President and Chief Executive Officer Steven O. Vondran for 2025 at $1,000,000, with a target cash bonus of 200% of base salary, or $2,000,000.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said the Compensation Committee on February 27, 2025 set base salary for President and Chief Executive Officer Steven O. Vondran for 2025 at $1,000,000, with a target cash bonus of 200% of base salary, or $2,000,000.

  2. American Tower disclosed Chief Financial Officer Rodney M. Smith's base salary for 2025 at $660,000, with a target cash bonus of 125% of base salary, or $825,000. Olivier Puech's base salary is $640,341, and his target bonus is $800,426.

  3. The company set Executive Vice President and President, Asia-Pacific Sanjay Goel's base salary for 2025 at $600,000 and his target cash bonus at $750,000. The company said Mr. Goel will leave the company effective March 31, 2025 and will be eligible to receive a prorated salary and a prorated cash bonus for his length of service.

  4. The company said the Compensation Committee determines year-end cash bonuses based on pre-established company financial goals and individual executive goals, among other factors. If the company or an executive exceeds goals, the bonus may be increased by up to 200% of the bonus target.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

2025 CEO Base Salary and Target Cash Bonus

The company said the Compensation Committee on February 27, 2025 set base salary for President and Chief Executive Officer Steven O. Vondran for 2025 at $1,000,000, with a target cash bonus of 200% of base salary, or $2,000,000.

Source · Based on the filing body and exhibits

Executive Compensation for CFO and Other Officers, 2025

American Tower disclosed Chief Financial Officer Rodney M. Smith's base salary for 2025 at $660,000, with a target cash bonus of 125% of base salary, or $825,000. Olivier Puech's base salary is $640,341, and his target bonus is $800,426.

Source · Based on the filing body and exhibits

Sanjay Goel's Departure and Compensation Effective March 31, 2025

The company set Executive Vice President and President, Asia-Pacific Sanjay Goel's base salary for 2025 at $600,000 and his target cash bonus at $750,000. The company said Mr. Goel will leave the company effective March 31, 2025 and will be eligible to receive a prorated salary and a prorated cash bonus for his length of service.

Source · Based on the filing body and exhibits

Annual Cash Bonus Criteria and Maximum Cap

The company said the Compensation Committee determines year-end cash bonuses based on pre-established company financial goals and individual executive goals, among other factors. If the company or an executive exceeds goals, the bonus may be increased by up to 200% of the bonus target.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.