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): October 7, 2005
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) | (IRS Employer Identification No.) |
116 Huntington Avenue
Boston, Massachusetts 02116
(Address of Principal Executive Offices) (Zip Code)
(617) 375-7500
(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)) |
Item 5.02 Departure of Director.
On October 6, 2005, Dean J. Douglas notified American Tower Corporation (the “Company”) that he intends to resign as a member of the Company’s board of directors, effective immediately. Mr. Douglas was a member of the Compensation Committee of the board of directors at the time of his resignation. Mr. Douglas is resigning to devote his full time and attention to his new position as Chief Executive Officer of LCC International, Inc. Mr. Douglas is not resigning as a result of any disagreement with the Company.
On October 7, 2005, the Company issued a press release announcing Mr. Douglas’ resignation. A copy of the Company’s press release is furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
| Exhibit No. |
Description | |
| 99.1 | Press release, dated October 7, 2005 (Furnished herewith). |
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: October 7, 2005 | By: | /s/ BRADLEY E. SINGER | ||
| Bradley E. Singer | ||||
| Chief Financial Officer and Treasurer | ||||
Exhibit 99.1
ATC Contact: Michael Powell
Director of Investor Relations
Telephone: (617) 375-7500
FOR IMMEDIATE RELEASE
American Tower Announces Change to Board of Directors
Boston, Massachusetts – October 7, 2005 - American Tower Corporation (NYSE: AMT) announced today that Dean J. Douglas, a member of the Company’s board of directors, has notified the Company that he intends to step down as a director of the Company, effective immediately.
Mr. Douglas notified the Company that he has accepted employment as the Chief Executive Officer of LCC International, a provider of integrated solutions for wireless voice and data communications networks and consulting services to the wireless telecommunications industry. Mr. Douglas is resigning from the Company’s board of directors to devote his full time and attention to his new position. Mr. Douglas originally joined the Company’s board of directors on August 8, 2005, in connection with the Company’s merger with SpectraSite.
“We are excited for Dean and wish him well in his new position,” said Jim Taiclet, American Tower’s Chairman and Chief Executive Officer. “We understand and appreciate Dean’s decision to focus his energies on leading LCC and thank him for his service to American Tower and SpectraSite.”
Following the departure of Mr. Douglas, the Company’s board will consist of eight members, seven of whom are independent directors.
American Tower is the leading independent owner, operator and developer of broadcast and wireless communications sites in North America. American Tower owns and operates over 22,000 sites in the United States, Mexico, and Brazil. Additionally, American Tower manages approximately 2,000 revenue producing rooftop and tower sites. For more information about American Tower, please visit www.americantower.com.
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