Crown Castle CFO Sunit Patel to Retire; Kris Hinson Named Successor

Management
โดย GlobeNewswire·US·Read original
Summary · why it matters

Crown Castle Inc. announced that Executive Vice President and Chief Financial Officer Sunit Patel will retire effective March 31, 2027, following the filing of the company's 2026 Form 10-K, and that Kris Hinson, currently Executive Vice President and Chief Commercial Officer, will become CFO effective April 1, 2027. Separately, Executive Vice President and Chief Operating Officer Cathy Piche will leave the company to pursue other endeavors, stepping down from the COO role effective September 23, 2026, and remaining available as a special advisor supporting the transition of her responsibilities until her departure on February 22, 2027. Crown Castle said it has initiated a search for Piche's replacement. President and Chief Executive Officer Chris Hillabrant credited Patel with steady leadership through the sale of the company's fiber and small cell businesses and its transition to a pure-play US tower company, and said Hinson's experience leading both investor- and customer-facing teams, including as VP-Corporate Finance and Treasurer, prepares him well for the CFO role. Hinson previously spent 13 years at ExxonMobil in finance leadership roles, most recently as Director of Investor Relations, and holds an MBA from Harvard Business School and an AB in Economics from Harvard College. Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S.

Impact on stocks 2

Cloud & Digital Infrastructure · 1 stocks
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CFO Sunit Patel to retire in 2027 and COO Cathy Piche departing; Kris Hinson named CFO successor — leadership changes with no clear financial driver.

Energy Transition & Power Demand · 1 stocks