Grande Towers has named Tony Peduto, the former CEO of CTI Towers, as its new chief executive officer.

The company, which was set up by equity investment firm Norwest earlier this year, announced the appointment last week.

The tower company was co-founded by Peduto and Clarence Cook and operates towers in Florida, Georgia, Illinois, New Jersey, North Carolina, Oklahoma, and South Carolina.

“With decades of industry experience leading companies like CTI Towers, Tony was a natural choice for CEO of Grande Towers,” said Cook.

“He has a great understanding of the players and modern communications infrastructure required to support the digital revolution during a time of continued growth. We are confident he is the ideal person to be at the helm as we expand Grande Towers’ market presence.”

Peduto previously founded CTI Towers in 2011, where he worked as CEO until 2021. Before this, he was COO of Optasite until the company’s sale to SBA Communications Corp

According to his LinkedIn, he had retired for two and a half years, until taking on his current role.

"As much as I thought I was ready for retirement, I continued to stay engaged in the industry with Shared Tower," said Peduto.

"When they approached me to join Grande Towers, I couldn't resist the opportunity to build another high-growth company led by motivated and passionate executives as the second half of 5G deployment is on the horizon."

He also spent four years at American Tower Corporation between 2001 and 2005 as vice president for West & Northeast regions.