SBA Communications appoints Marc Montagner as CFO effective Jan 1, 2024

SBA COMMUNICATIONS CORP

Marc Montagner, 62, joins Oct 17 as EVP-Finance, becomes CFO Jan 1, 2024, succeeding Brendan Cavanagh.
Montagner brings 30 years experience; previously CFO of Endurance International and LightSquared.
Compensation: $640k base salary, 100% bonus target, $2.8M LTIP award, $1M RSU, $250k signing/clawback.
Appointment follows planned CEO succession: Cavanagh becomes President & CEO on Jan 1, 2024.
Montagner serves on boards of Cogent Communications and Intelsat.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Marc Montagner

Executive Vice President & Chief Financial Officer

SBAC · SBA COMMUNICATIONS CORP

Effective: 2024-01-01
Filed: September 13, 2023, 7:59 PM ET

Marc Montagner has been appointed to serve as the Executive Vice President & Chief Financial Officer of the Company (the “CFO”) to succeed Mr. Brendan Cavanagh, effective January 1, 2024.

Role change

Brendan Cavanagh

President and Chief Executive Officer

SBAC · SBA COMMUNICATIONS CORP

Effective: 2024-01-01
Successor: Marc Montagner
Filed: September 13, 2023, 7:59 PM ET

Mr. Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Mr. Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.

Departed

Jeffrey Stoops

President and Chief Executive Officer

SBAC · SBA COMMUNICATIONS CORP

Effective: 2024-01-01
Successor: Brendan Cavanagh
Filed: September 13, 2023, 7:59 PM ET

Mr. Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Mr. Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Marc Montagner was appointed as Executive Vice President & Chief Financial Officer at SBA COMMUNICATIONS CORP.

Action: appointed
Role: Executive Vice President & Chief Financial Officer

Exact text from the filing

Marc Montagner has been appointed to serve as the Executive Vice President & Chief Financial Officer of the Company (the “CFO”) to succeed Mr. Brendan Cavanagh, effective January 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brendan Cavanagh changed role as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.

Action: will succeed
Role: President and Chief Executive Officer

Exact text from the filing

Mr. Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Mr. Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Jeffrey Stoops departed as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.

Role: President and Chief Executive Officer

Exact text from the filing

Mr. Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Mr. Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.

View on SEC.gov

SBA COMMUNICATIONS CORP filing history →

Source: SEC EDGAR

accession 0001193125-23-234228

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