VZ - Crown Castle CEO Retires Amid Activist Investor Pressure Interim CEO Appointed | Benzinga
Crown Castle Inc (NYSE: CCI) revealed the retirement of Jay Brown as President, Chief Executive Officer and a Director, effective January 16, 2024.
The Board appointed Anthony Melone, a member of Crown Castle's Board, to serve as interim CEO until it searches for a permanent CEO.
The transition closely follows Elliott Investment Management L.P.'s recent disclosure of a $2 billion position in the company and calling for significant changes.
In its recent letter, Elliott said that ...