Crown Castle Appoints Kevin T. Kabat and Maria M. Pope to its Board of Directors
24 Julho 2023 - 2:15PM
Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today the
appointment of Kevin T. Kabat and Maria M. Pope to its board of
directors. Mr. Kabat’s appointment will be effective August 1,
2023, and Ms. Pope’s appointment will be effective September 1,
2023. With the appointment of Mr. Kabat and Ms. Pope, the Crown
Castle board will increase to 12 directors, 10 of whom will be
independent.
Mr. Kabat is the former Chief Executive Officer
and Vice Chairman of Fifth Third Bancorp and current Chairman of
the board of directors of Unum Group, NiSource Inc., and AlTi
Global Inc. Ms. Pope currently serves as President and CEO of
Portland General Electric Company.
“We welcome both Kevin and Maria to the Board as
the company executes its strategy to maximize long-term shareholder
value by growing cash flows from its leading portfolio of shared
communications infrastructure assets,” said P. Robert Bartolo,
Chair of the Crown Castle board of directors. “Kevin brings
extensive financial, operating, and strategic planning expertise
which we believe will help the company capitalize on long-term
opportunities to meet the persistent growth in data demand. In
addition, Maria’s diverse leadership experience and track record of
sustainably delivering growth at a large-scale electric utility
provide expertise as Crown Castle focuses on efficiently investing
to accelerate growth in small cell deployments.”
ABOUT KEVIN T. KABAT
Mr. Kabat currently serves as Chairman of the
board of directors of Unum Group, NiSource Inc., and AlTi Global,
Inc. Mr. Kabat served as Chief Executive Officer of Fifth Third
Bancorp, a diversified financial services company, from 2007 until
2015. He served as Vice Chairman of the board of directors of Fifth
Third Bancorp from September 2012 until his retirement in 2016 and
served as its Chairman from 2008 to 2010. Mr. Kabat also previously
served as President of Fifth Third Bancorp from 2006 to 2012 and as
Executive Vice President from 2003 to 2006. Before that, he was
President and Chief Executive Officer of Fifth Third Bank
(Michigan) from 2001 to 2003. He also served in a number of
management and executive positions at Old Kent Financial
Corporation, including as Vice Chairman and President, before it
was acquired by Fifth Third Bank in 2001. Mr. Kabat earned his
master’s degree in industrial/organizational psychology from Purdue
University and his bachelor’s degree in behavioral science from
Johns Hopkins University.
ABOUT MARIA M. POPEMs. Pope is
President and Chief Executive Officer of Portland General Electric
Company (“PGE”), a vertically integrated electric utility, and
serves on PGE’s board of directors. She was appointed President in
2017, and Chief Executive Officer in 2018. Ms. Pope joined PGE in
2009 as Senior Vice President of Finance, Chief Financial Officer
and Treasurer. From 2013 to 2017, she served as Senior Vice
President of Power Supply, Operations and Resource Strategy. Prior
to joining PGE, Ms. Pope served as Chief Financial Officer for
Mentor Graphics Corporation. She began her career in banking with
Morgan Stanley. Ms. Pope earned her MBA from the Stanford Graduate
School of Business and her bachelor’s degree from Georgetown
University.
ABOUT CROWN CASTLECrown Castle
owns, operates and leases more than 40,000 cell towers and
approximately 85,000 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 STATEMENTSThis press release contains
forward-looking statements that are based on Crown Castle
management's current expectations. Such statements include plans,
projections and estimates regarding (1) director appointments,
including the effective date thereof, and their expected
contribution to Crown Castle, (2) board size and director
independence (3) focus on small cell deployment acceleration and
(4) growth in data demand. 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 risk factors that could affect
Crown Castle and its results is included in Crown Castle's filings
with the SEC. The term "including," and any variation thereof,
means "including, without limitation.”
CONTACTS:
Dan Schlanger, CFOKris Hinson, VP &
TreasurerCrown Castle Inc.713-570-3050
Crown Castle (NYSE:CCI)
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