Document
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 5, 2020
Crown Castle International Corp.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
Delaware
 
001-16441
 
76-0470458
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)

1220 Augusta Drive, Suite 600, Houston, Texas 77057-2261
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 570-3000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.01 par value
CCI
New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 





ITEM 5.02 – DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

(c) On November 5, 2020, the Board of Directors ("Board") of Crown Castle International Corp. ("Company") appointed Christopher D. Levendos as Executive Vice President and Chief Operating Officer – Fiber, effective December 1, 2020.

Mr. Levendos, age 53, has served as Vice President – Network Engineering & Operations, responsible for the oversight of the Company's national fiber and small cell infrastructure network, since July 2019. Prior to that time and since joining the Company in June 2018, Mr. Levendos served as Vice President of Fiber Operations. Prior to joining the Company, Mr. Levendos served as Executive Vice President of Field Operations of Frontier Communications Corporation ("Frontier Communications") from July 2017 until joining the Company. Prior to joining Frontier Communications, Mr. Levendos served as an executive at Google Fiber Inc., a subsidiary of Alphabet Inc., and, prior to that, held a number of operating and management roles at Verizon Communications Inc. Mr. Levendos holds a B.A. in History from the State University of New York at Plattsburgh, a Master of Urban Planning degree from New York University and a Master of Telecommunications Management degree from Stevens Institute of Technology.

There are no arrangements or undertakings pursuant to which Mr. Levendos was selected as Executive Vice President and Chief Operating Officer – Fiber. There are no family relationships among any of the Company’s directors or executive officers and Mr. Levendos. There are no related party transactions involving Mr. Levendos that are reportable under Item 404(a) of Regulation S-K.

The details of Mr. Levendos' compensation in connection with his appointment have not been determined as of the date hereof and will be determined by the Board at a later date.

ITEM 7.01 – REGULATION FD DISCLOSURE

On November 9, 2020, the Company issued a press release announcing the appointment of Mr. Levendos as Executive Vice President and Chief Operating Officer – Fiber. The November 9, 2020 press release is furnished herewith as Exhibit 99.1.

ITEM 9.01 – FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

Exhibit Index

Exhibit No.
 
Description
99.1
 
104
 
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

The information in Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information and exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.











SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
 
CROWN CASTLE INTERNATIONAL CORP. 
 
 
By:  
/s/ Kenneth J. Simon
 
 
 
Name:  
Kenneth J. Simon
 
 
 
Title:
Executive Vice President
and General Counsel 
 
Date: November 9, 2020



Exhibit
Exhibit 99.1

https://cdn.kscope.io/b0034c371364a3261f699654e7261bf6-ccmasterbrandlogorgba05.jpg
 
NEWS RELEASE
November 9, 2020

 
 
Contacts: Dan Schlanger, CFO
 
Ben Lowe,VP & Treasurer
FOR IMMEDIATE RELEASE
Crown Castle International Corp.
 
713-570-3050

Crown Castle Appoints Chief Operating Officer

November 9, 2020 - HOUSTON, TEXAS - Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that, effective December 1, 2020, Chris Levendos has been appointed to lead Crown Castle’s small cells and fiber solutions activities as Executive Vice President and Chief Operating Officer Fiber. Mr. Levendos joined Crown Castle in 2018 and is currently Vice President of Network Engineering and Operations, responsible for the oversight of the company’s national fiber and small cell infrastructure network. As previously announced, James D. Young, Crown Castle’s current Executive Vice President and Chief Operating Officer Fiber, is retiring from Crown Castle and will remain with the company through February 2021 in order to assist with various matters, including the transition of Mr. Levendos as his successor.
“Chris brings significant operational and organizational leadership experience that will be instrumental as we continue to grow our industry leading small cells and fiber business to support our customers’ 5G network deployments,” stated Jay Brown, Crown Castle’s Chief Executive Officer. “We believe our ability to offer towers, small cells and fiber solutions, which are all integral components of communications networks and are shared among multiple tenants, provides us the best opportunity to generate significant growth while delivering high returns for our shareholders.”
Mr. Levendos has more than 30 years of experience operating and leading large fiber network organizations, previously serving as Executive Vice President of Field Operations for Frontier Communications Corporation as well as leading network deployment and operations as an executive of Google Fiber Inc., a subsidiary of Alphabet Inc. Prior to his time with Google Fiber Inc., Mr. Levendos spent most of his career at Verizon Communications Inc. in a variety of operating roles within the company’s wireline division. Mr. Levendos holds a B.A. in History from the State University of New York at Plattsburgh, a Master of Urban Planning degree from New York University and a Master of Telecommunications Management degree from Stevens Institute of Technology.





ABOUT CROWN CASTLE

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 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 STATEMENTS

This news release contains forward-looking statements that are based on management's current expectations. Such statements include plans, projections and estimates regarding (1) expected contributions from Mr. Levendos, (2) the growth of Crown Castle's small cells and fiber business and (3) Crown Castle’s product and service offerings, including the benefits they may provide. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including prevailing market conditions. 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 risks that could affect Crown Castle and its results is included in Crown Castle's filings with the Securities and Exchange Commission. The term "including," and any variation thereof, means "including, without limitation.”