STOCK TITAN

American Tower (NYSE: AMT) updates 2026 compensation for CEO and top executives

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

American Tower Corporation reported that its Compensation and Human Capital Committee set 2026 base salaries and target cash bonus opportunities for its current named executive officers. The 2026 base salary for President and CEO Steven O. Vondran is $1,000,000, with a target cash bonus equal to 200% of base salary, or $2,000,000.

Other executives have 2026 base salaries ranging from $605,000 to $706,200, each with a target cash bonus of 125% of base salary. Actual bonuses will depend on achievement of pre-established company financial goals and individual objectives and may be increased by the committee up to a maximum of 200% of the executive’s bonus target.

Positive

  • None.

Negative

  • None.
AMERICAN TOWER CORP /MA/0001053507false00010535072026-02-252026-02-250001053507us-gaap:CommonStockMemberexch:XNYS2026-02-252026-02-250001053507amt:A1950SeniorNotesDue2026Memberexch:XNYS2026-02-252026-02-250001053507amt:A0450SeniorNotesDue2027Memberexch:XNYS2026-02-252026-02-250001053507amt:A0400SeniorNotesDue2027Memberexch:XNYS2026-02-252026-02-250001053507amt:A4125SeniorNotesDue2027Memberexch:XNYS2026-02-252026-02-250001053507amt:A0500SeniorNotesDue2028Memberexch:XNYS2026-02-252026-02-250001053507amt:A0875SeniorNotesDue2029Memberexch:XNYS2026-02-252026-02-250001053507amt:A0950SeniorNotesDue2030Memberexch:XNYS2026-02-252026-02-250001053507amt:A3.900SeniorNotesDue2030Memberexch:XNYS2026-02-252026-02-250001053507amt:A4625SeniorNotesDue2031Memberexch:XNYS2026-02-252026-02-250001053507amt:A1.000SeniorNotesDue2032Memberexch:XNYS2026-02-252026-02-250001053507amt:A3.625SeniorNotesDue2032Memberexch:XNYS2026-02-252026-02-250001053507amt:A1250SeniorNotesDue2033Memberexch:XNYS2026-02-252026-02-250001053507amt:A4.100SeniorNotesDue2034Memberexch:XNYS2026-02-252026-02-25

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): February 25, 2026
AMERICAN TOWER CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware
001-14195
65-0723837
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
222 Berkeley Street
Boston, Massachusetts 02116
(Address of Principal Executive Offices) (Zip Code)
(617375-7500
(Registrant's telephone number, including area code)
Not Applicable
(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 classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par value AMTNew York Stock Exchange
1.950% Senior Notes due 2026AMT 26BNew York Stock Exchange
0.450% Senior Notes due 2027AMT 27CNew York Stock Exchange
0.400% Senior Notes due 2027AMT 27DNew York Stock Exchange
4.125% Senior Notes due 2027AMT 27FNew York Stock Exchange
0.500% Senior Notes due 2028AMT 28ANew York Stock Exchange
0.875% Senior Notes due 2029AMT 29BNew York Stock Exchange
0.950% Senior Notes due 2030AMT 30CNew York Stock Exchange
3.900% Senior Notes due 2030AMT 30DNew York Stock Exchange
4.625% Senior Notes due 2031AMT 31BNew York Stock Exchange
1.000% Senior Notes due 2032AMT 32New York Stock Exchange
3.625% Senior Notes due 2032AMT 32BNew York Stock Exchange
1.250% Senior Notes due 2033AMT 33New York Stock Exchange
4.100% Senior Notes due 2034AMT 34ANew 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 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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.

(e) On February 25, 2026, the Compensation and Human Capital Committee (the “Compensation Committee”) of the Board of Directors of American Tower Corporation (the “Company”) considered the compensation arrangements with the Company’s executive officers. The information in the table below sets forth the determinations of the Compensation Committee with respect to base salaries and cash bonus incentive targets for the year ending December 31, 2026 for the Company’s chief executive officer, chief financial officer and the three other most highly compensated executive officers who were serving as executive officers on December 31, 2025 (collectively, the “Current Named Executive Officers”).

Name and Title (1)
2026 Base Salary
2026 Target Cash Bonus Potential
(% of Base Salary / $)
Steven O. Vondran, President and Chief Executive Officer$1,000,000200% / $2,000,000
Rodney M. Smith, Executive Vice President, Chief Financial Officer and Treasurer$706,200125% / $882,750
Eugene M. Noel, Executive Vice President and Chief Operating Officer$693,000125% / $866,250
Ruth T. Dowling, Executive Vice President, Chief Administrative Officer, General Counsel and Secretary$620,000125% / $775,000
Richard R. Rossi, Executive Vice President, U.S. Tower$605,000125% / $756,250
___
(1)As previously disclosed, Olivier Puech, the Company's former Executive Vice President and President, International, retired from the Company effective January 2, 2026, and is not included in the list above.

In determining annual cash bonus incentive payments for the Company’s Current Named Executive Officers at the end of the year, the Compensation Committee bases its decisions on a number of factors, including achievement of pre-established Company financial goals and individual goals and objectives for each of the Current Named Executive Officers. If the Company exceeds its goals or the executive exceeds his or her established goals, the annual cash bonus incentive could be subject to increase by the Compensation Committee, up to a maximum of 200% of the executive’s bonus target.

Additional information regarding compensation of the Current Named Executive Officers will be included in the Company’s 2026 Proxy Statement when filed with the Securities and Exchange Commission.




SIGNATURE

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.
AMERICAN TOWER CORPORATION
(Registrant)
Date:February 27, 2026By:/s/ Ruth T. Dowling
Ruth T. Dowling
Executive Vice President, Chief Administrative Officer, General Counsel and Secretary


FAQ

What executive compensation changes did AMT approve for 2026?

American Tower approved 2026 base salaries and cash bonus targets for its current named executive officers. Base salaries range from $605,000 to $1,000,000 and target bonuses range from 125% to 200% of base salary, depending on the executive’s role and responsibility level.

What is the 2026 salary and bonus target for AMT CEO Steven O. Vondran?

For 2026, AMT’s CEO Steven O. Vondran will receive a $1,000,000 base salary and a target cash bonus equal to 200% of salary, or $2,000,000. Actual payout will depend on company financial performance and his individual goals and objectives achievement.

How are American Tower’s 2026 executive bonuses determined?

American Tower’s 2026 executive bonuses are based on pre-established company financial goals and individual performance objectives. If the company or an executive exceeds those goals, the Compensation Committee may increase the annual cash bonus up to a maximum of 200% of the executive’s target bonus amount.

Which AMT executives are covered by the 2026 compensation decisions?

The 2026 compensation decisions cover AMT’s CEO, CFO, COO, Chief Administrative Officer/General Counsel/Secretary, and Executive Vice President, U.S. Tower. Former Executive Vice President and President, International, Olivier Puech retired effective January 2, 2026 and is not included in this group.

What are the 2026 compensation terms for AMT’s CFO Rodney M. Smith?

For 2026, CFO Rodney M. Smith has a base salary of $706,200 and a target cash bonus equal to 125% of base salary, or $882,750. His final bonus will reflect the company’s financial results and his individual performance against set objectives.

Filing Exhibits & Attachments

4 documents
American Tower Corp

NYSE:AMT

AMT Rankings

AMT Latest News

AMT Latest SEC Filings

AMT Stock Data

86.61B
467.12M
REIT - Specialty
Real Estate Investment Trusts
Link
United States
BOSTON