---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-234228"
form_type: "8-K"
ticker: "SBAC"
cik: "0001034054"
company_name: "SBA COMMUNICATIONS CORP"
filed_at: "2023-09-13T23:59:59+00:00"
generated_at: "2026-06-10T18:28:35.318844+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-234228
- form_type: 8-K
- ticker: SBAC
- cik: 0001034054
- company_name: SBA COMMUNICATIONS CORP
- filed_at: 2023-09-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/0001193125-23-234228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/d554497d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-234228
- JSON: https://secwatch.observer/filing/0001193125-23-234228.json
- Plain text: https://secwatch.observer/filing/0001193125-23-234228.txt

## Key facts
- Executive change
  Marc Montagner was appointed as Executive Vice President & Chief Financial Officer at SBA COMMUNICATIONS CORP.
  - Action: appointed
  - Role: Executive Vice President & Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/0001193125-23-234228-index.htm
- Executive change
  Brendan Cavanagh changed role as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.
  - Action: will succeed
  - Role: President and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/0001193125-23-234228-index.htm
- Executive change
  Jeffrey Stoops departed as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.
  - Role: President and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/0001193125-23-234228-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.