Crown Castle ( (CCI) ) has issued an update.
Crown Castle Inc. announced the retirement of its EVP and COO–Towers, Michael J. Kavanagh, after 14 years of service, effective October 28, 2024, with an advisory role continuing until year-end. Catherine Piche, with a rich background in telecommunications and previous leadership roles at Crown Castle and other industry giants, has been appointed as the new EVP and COO–Towers. Her compensation includes a $550,000 annual salary and roughly $1,200,000 in restricted stock units, alongside eligibility for the company’s annual incentive plan, and she has entered into a severance agreement with standard non-compete clauses.
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