secwatch.observer — SEC 8-K summary
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Issuer:     SBA COMMUNICATIONS CORP (SBAC)
CIK:        0001034054
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001193125-23-234228
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/0001193125-23-234228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/d554497d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-234228

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