Crown Castle Announces Executive Management Promotions And Organizational Enhancements
Ted B. Miller, Jr., Chairman and
Chief Executive Officer, stated, Esablishing the Office of the
Chairman formalizes what is already fact -- Crown Castles (CCIC)
success is primarily due to our collective intellectual capital and
our teams ability to respond instantly to the fast paced and
rapidly changing business
environment. I believe that these changes strategically position us to
accelerate our leadership in the wireless infrastructure industry.
These changes will also provide
us greater management depth and recognize the need to more fully
utilize our rapid integration processes for our acquisition and
development initiatives globally, continued Mr. Miller. We will
continue to build upon the reason why our customers have outsourced to
us in the past, which has been not only our understanding of their
technology but our ability to operate in a given technological sector.
And given that our customers are global, the core objective of this
Office will be to establish
a global strategic focus for our business ventures.
I have relied on the individual
expertise of each of my team members to ensure that every decision we
made was looked at from a multi-disciplinary viewpoint, added Mr.
Miller. I am convinced that the best decisions come about this way.
The following individuals are being promoted to the newly formed
Office of the Chairman. In their new roles, the team will also
continue to provide strategic guidance to our operating entities:
- David Ivy, who has led Crown
Castles growth into prominence within the wireless industry since
1997 as President of CCIC, is being promoted to Vice-Chairman
Global Mergers and Acquisitions.
- Alan Rees, formerly President and
Chief Operating Officer of Crown Castle UK (CCUK), is being promoted
to the new position of Executive Vice President Technology for
CCIC.
- Charles Green, formerly Chief
Financial Officer, will assume the new position of Executive Vice
President of Global Finance.
- George Reese will continue as
Executive Vice President International.
- John Kelly, who has been the
President and Chief Operating Officer of the U.S. subsidiary Crown
Castle USA (CCUS), is being promoted to President and Chief Operating
Officer of CCIC.
Given our focus on technology and
operational capabilities, it is important to have an executive who is
focused solely on technology in the Office of the Chairman, stated
Mr. Miller. With a man of Alan Reess caliber in this position,
we believe we can provide even better service to our global customers
and continue to garner the kind of confidence in operations that have
resulted in our customers outsourcing to CCIC. Our focus on technology
is particularly important as the telecommunication industry becomes
more integrated as it rapidly moves into the digital and Internet
Protocol (IP) world.
John Kellys extraordinary
leadership in flawlessly assimilating four major acquisitions, while
building the technical and financial infrastructure within his U.S.
operations, has made him the logical choice for promotion to President
and COO of CCIC, said Mr. Miller.
Reporting to Mr. Kelly will be
the following staff:
- Ed Wallander, formerly the CCIC
Chief Information Officer, will now be the President and Chief
Operating Officer of CCUS and its subsidiaries.
- Michael Schueppert, formerly the
Director of Sales and Marketing for CCUK, who will now be the Senior
Vice President of Marketing and Business Development for CCIC.
- Benjamin Moreland, newly promoted
to the role of Chief Financial Officer for CCIC. Ben was formerly the
Sr. Vice President of Finance and Treasury for CCIC.
- Blake Hawk, Executive Vice
President and General Counsel.
- Robert Giles, formerly the
Executive Vice President and Chief Commercial Officer of CCUK, who
will now be the President and Chief Operating Officer of CCUK.
- Peter Abery, recently hired as
the Managing Director of our new Australasian subsidiary, Crown Castle
Australia.
We have learned a great deal
about the development of wireless technology from our experience
operating on three different continents and believe that this action
will help ensure that we capture best in class operational and
financial results for our shareholders, concluded Mr. Miller.
Crown Castle International Corp. is a leading
provider of communication sites and wireless network services and
provides an array of related infrastructure and network support
services to the wireless communications and radio and television
broadcasting industries in the United States, United Kingdom and
Australaisa. Pro forma for all closed and previously announced
transactions, Crown Castle International owns, operates and manages
over 11,000 wireless communication towers internationally. For more
information on Crown Castle International, visit: www.crowncastle.com.
This press release contains various forward-looking
statements and information that are based on managements belief as
well as assumptions made by and information currently available to
management. Although the Company believes that the expectations
reflected in such forward-looking statements are reasonable, it can
give no assurance that such expectations will prove to have been
correct. Such statements are subject to certain risks, uncertainties
and assumptions. Should one or more of these risks materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from those expected. The Company assumes no obligation to
update publicly any forward-looking statements, whether as a result of
new information, future events or otherwise.
Contacts:
W. Benjamin Moreland, CFO
Crown Castle International
713-570-3000
Ken Dennard, Easterly I.R.
713-529-6600