American Tower Corporation (ATC) has announced that Tom Bartlett will retire from his positions as president, CEO, and director of the board from February 1, 2024.

The US TowerCo has named Steve Vondran as Bartlett's successor in the roles of president and Chief Executive Officer. Vondran will also be appointed as a director of the board, confirmed the company.

ATC noted that to facilitate the transition, the Board has also appointed Vondran to the role of executive vice president and global chief operating officer for the interim period, effective November 1, 2023, until February 1, 2024.

Vondran has been at ATC since 2000 and has served as EVP and president of the company's US tower division, which includes its US data center business, since August 2018.

He's also held various leadership positions including senior vice president and general counsel for the US tower division, from 2010 to 2018.

The company also revealed that its current senior vice president and chief operating officer of its US tower division, Eugene Noel, will become the new EVP and president of the division from November 1, 2023.

As for the outgoing Bartlett, he first joined ATC back in 2009, initially as EVP and chief financial officer, before becoming CEO and director of the board in 2020.

During Mr. Bartlett’s service as CEO, the company has grown its footprint, launching in more than 20 markets, and currently has over 226,000 towers globally.

ATC acquired data center firm CoreSite for$10.1 billion in November 2021. The company added three previously-acquired data centers in Georgia and Florida to CoreSite’s portfolio in June.

"I am incredibly honored for the privilege of leading our company, and its talented employees, and look forward to extending our long track record of growth and success as we embark on an exciting time for American Tower," said Vondran.