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American Tower (AMT) has shared an update.
Raymond P. Dolan and Samme L. Thompson will not seek re-election to the board of American Tower Corporation, with no disagreements causing their decisions. Neville R. Ray, with a robust background in telecommunications, including roles at T-Mobile USA and on various industry and government committees, has been appointed as a new director. The company has also revised its long-term incentive plan, now incorporating relative total shareholder return as a metric for performance-based stock awards. Additionally, a cash distribution of $1.62 per share will be paid to shareholders in April 2024.
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