secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN TOWER CORP /MA/ (AMT)
CIK:        0001053507
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001053507-24-000015
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

AMT sets 2024 comp: CEO Vondran base $1M, bonus 200%; former CEO Bartlett to advisor through May 1
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- Compensation Committee approves 2024 base salaries and target cash bonuses for top executives.
- CEO Vondran: $1,000,000 base salary; target bonus $2,000,000 (200% of base).
- Former CEO Bartlett stepped down Feb 1, serves as advisor until May 1; 2024 base $1,100,000, pro-rated target bonus $2,200,000.
- CFO Smith: $660,000 base, $825,000 target (125%); other NEOs Puech ($640k) and Goel ($600k) also at 125% target.
- Bonus can be increased up to 200% of target if goals exceeded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1053507/000105350724000015/0001053507-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1053507/000105350724000015/amt-20240228.htm
  HTML page:      https://secwatch.observer/filing/0001053507-24-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer