American Tower Corporation (NYSE: AMT) has announced the election of Gene Reilly to its board of directors. With a wealth of experience, Reilly's appointment is expected to bring valuable expertise to the company. Reilly previously served as the vice chairman of Prologis, Inc. and has 40 years of experience in real property investment, management, and operations. He held several key roles at Prologis, including chief investment officer and chief executive of the Americas, overseeing operations across the United States, Canada, and Latin America.
American Tower is recognizing Reilly's extensive background and expertise, particularly in portfolio strategy, as a strong fit with the company's core principles. The company's President and CEO, Steve Vondran, expressed his pleasure at welcoming Reilly to the board of directors and highlighted the critical insight Reilly's background will provide as the company continues to optimize its global portfolio, enhance market leadership, and deliver long-term value for shareholders.
American Tower Corporation, a leading independent owner, operator, and developer of multitenant communications real estate, boasts a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of U.S. data center facilities. Following these announcements, the company's shares moved -0.42%, and are now trading at a price of $210.99. For more information, read the company's full 8-K submission here.