Such statements include plans, projections and estimates regarding (1) refreshment of the Board, (2) future director nominations, (3) relevant skills and qualities of potential director nominees and future directors, (4) the Company’s executive compensation program, including modifications thereto, (5) the Company’s strategic position, and (6) the creation and delivery of value to shareholders. In performing its duties, the Compensation Committee obtains input from a variety of sources, including from an independent advisory firm, Meridian Compensation Partners, which is engaged diectly by the Compensation Committee.Sing up to receive our updates and other TMCnet news!Ari Q. Fitzgerald, Chairman of the Nominating & Corporate Governance Committee, said, “The Board and management team recognize the importance of having the right mix of skills, diversity and experience. Our work here is underway, and we look forward to adding highly qualified, independent directors with new perspectives to help our Board further drive sustained value creation.”Mr. Martin continued, “On behalf of the Board, I want to thank Robert Garrison and Robert McKenzie for their numerous contributions over the years, and a special thank you to Chap Hutcheson as a co-founder of Crown Castle’s business. We wish them all the best in their future endeavors when they depart from the Board following the 2021 Annual Meeting.”Mr. HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) today announced plans to enhance its corporate governance by implementing a mandatory Board retirement policy, refreshing its Board of Directors, and committing to review its executive compensation program. Crown Castle is the nation's largest provider of communications infrastructure—cell towers, small cells, fiber—connecting people and businesses to data & technology. In performing its duties, the Compensation Committee obtains input from a variety of sources, including from an independent advisory firm, Meridian Compensation Partners, which is engaged directly by the Compensation Committee.Jay Brown, Crown Castle’s Chief Executive Officer, said, “The collective advice, oversight and wisdom of these directors have been significant drivers in the creation of Crown Castle’s unmatched portfolio of towers, small cell networks and fiber.
Supplemental materials for the call will be posted on the Crown Castle website at http://investor.crowncastle.com.This press release contains forward-looking statements that are based on Crown Castle management's current expectations.
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