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American Tower Corp (AMT)
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American Tower Corporation Expands Board with Election of Rajesh Kalathur

Last updated: February 05, 2025
Taurigo

In a significant move aimed at enhancing its leadership and strategic direction, American Tower Corporation (NYSE: AMT) announced today the election of Rajesh (“Raj”) Kalathur to its Board of Directors. His extensive experience in finance and technology is expected to bolster the company’s operational and strategic initiatives.

1. Profile of Rajesh Kalathur

Mr. Kalathur currently serves as the President of John Deere Financial, a prominent financial services provider catering to the dealers and customers of John Deere equipment. His role as Chief Information Officer (CIO) of Deere & Company, a global leader in agricultural, construction, and forestry equipment, adds another layer of expertise to his profile. In this capacity, he has successfully overseen the implementation of an IT agile operating model and has driven digital transformation efforts utilizing artificial intelligence (AI) and automation technologies.

With over 27 years of experience across diverse sectors including finance, information technology, operations, and sales and marketing, Mr. Kalathur has demonstrated strong leadership capabilities. His prior role as Chief Financial Officer of Deere & Company further underscores his financial acumen.

2. Leadership Praise

Steve Vondran, President and Chief Executive Officer of American Tower, expressed enthusiasm about Mr. Kalathur's appointment, stating, “We are very excited to have Raj join our Board of Directors. Raj has extensive global financial, technical, and operating experience, demonstrated leadership in transformation and is a strong fit with our Core Principles.” Vondran emphasized that Kalathur's insights will be invaluable as the company seeks to optimize operations, enhance its market leadership, and create significant value for shareholders.

3. About American Tower Corporation

American Tower Corporation stands as one of the largest global real estate investment trusts (REITs), specializing in the ownership, operation, and development of multitenant communications real estate. The company boasts a portfolio exceeding 148,000 communications sites, complemented by a highly interconnected network of U.S. data center facilities. This extensive footprint positions American Tower as a critical player in the telecommunications infrastructure market.

For investors and stakeholders looking for more information, detailed financial reports and presentations can be accessed through the company's investor relations hub at www.americantower.com.

4. Forward-Looking Statements

This announcement includes “forward-looking statements” that reflect the company’s goals, beliefs, expectations, and strategies. These statements are subject to various risks that could lead to actual results differing from those anticipated. American Tower advises stakeholders to review the “Risk Factors” detailed in its most recent annual report on Form 10-K and other filings with the Securities and Exchange Commission for a comprehensive understanding of potential risks.

5. Conclusion

The election of Rajesh Kalathur to the Board of Directors marks a strategic enhancement for American Tower Corporation as it continues to navigate the complexities of the telecommunications landscape. With his considerable experience and proven leadership in both finance and technology, Kalathur is well-positioned to contribute to the company's growth and innovation efforts in the coming years.

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