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Posted 07 December, 2023

CROWN CASTLE INC. appointed Mr. Brown as new CEO

NYSE:CCI appointed new Chief Executive Officer Mr. Brown in a 8-K filed on 07 December, 2023.


  (c) In connection with Mr. Brown's retirement, the Board has appointed Anthony J. Melone, a member of the Board, as interim Chief Executive Officer of the Company (the "Interim CEO"), commencing on January 16, 2024.  

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Overview of CROWN CASTLE INC.
Real Estate/Construction • Specialty REITs
Crown Castle, Inc. engages in the business of owning, operating, and leasing shared communications infrastructure. It operates through the following segments: Towers, Fiber, and Other. The Towers segment focuses on providing coverage and capacity for wireless carrier network deployments. The Fiber segment includes communications infrastructure offerings of small cells and fiber solutions. The Other segment is involved in corporate assets such as cash and cash equivalents. The company was founded by Ted B. Miller Jr. and Edward C. Hutcheson Jr. in 1994 and is headquartered in Houston, TX.
Market Cap
$48.7B
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CROWN CASTLE INC. by TradingView
Relevant filing section
ITEM 5.02-DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS


(b) On December 6, 2023, Jay A. Brown informed the board of directors (the "Board") of Crown Castle Inc. (the "Company") of his decision to retire, pursuant to the Company's Extended Service Separation Program, from his role as President and Chief Executive Officer of the Company and as a member of the Board. Mr. Brown's retirement from such roles will be effective January 16, 2024. 


(c) In connection with Mr. Brown's retirement, the Board has appointed Anthony J. Melone, a member of the Board, as interim Chief Executive Officer of the Company (the "Interim CEO"), commencing on January 16, 2024. The Board intends to conduct a search to identify a permanent Chief Executive Officer.


Biographical and other information about Mr. Melone is included in the Company's definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on April 3, 2023. Mr. Melone will continue in his role as a member of the Board. 


Mr. Melone does not have any family relationships with any director or executive officer of the Company, and there are no arrangements or understandings with any persons pursuant to which Mr. Melone has been appointed to his position. In addition, there have been no transactions directly or indirectly involving Mr. Melone that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended.


As of the filing of this Current Report on Form 8-K (this "Report"), the Compensation Committee of the Board and the Board have not finalized the compensation of Mr. Melone in connection with his appointment as Interim CEO. The Company will provide this information by filing an amendment to this Report after the information is determined or becomes available.