Thomas A. Bartlett is the President and CEO of American Tower Corporation, a leading company in the telecommunications sector, effective since March 2020. Before this role, he was with American Tower as the Executive Vice President and Chief Financial Officer for over a decade. His leadership style is closely tied to performance-driven compensation; in 2023, he earned $19.3 million, with a significant chunk based on company success and strict financial goals. Interestingly, 80% of his incentives are linked to the company's financial achievements. Bartlett has a strong personal investment in American Tower, with his stock holdings valued at over $60 million as of 2024, showing he has skin in the game. His focus on aligning the company’s performance with shareholder interests is a priority. With a background in accounting and an MBA from the University of Massachusetts, he combines financial expertise with strategic growth initiatives for the company. Looking forward, he will transition to an advisory role as of February 2024, passing the CEO torch to Steven O. Vondran, while he remains a crucial figure in the company's strategy and vision.

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Thomas A. Bartlett

CEO of American Tower

Education

Bachelor's degree in accounting from the University of Massachusetts and an MBA from the University of Massachusetts.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

Born

January 1, 1959 - 66 years ago

CEO of American Tower for

5 years 0 months (Mar 2020 - Present)

Previous Experience

Executive Vice President and Chief Financial Officer of American Tower Corporation

Rivals

Competitors/colleagues of Thomas A. Bartlett

Monica Howard Douglas

CEO of VICI Properties Inc.

2023 Compensation

Stock

$2.33M

Salary

$1.00M

Bonus

$0.00

Other

$27.68K

Total Holdings

$4.12M

John P. Case

CEO of Realty Income

2023 Compensation

Stock

$7.40M

Salary

$1.00M

Bonus

$4.06M

Other

$674.91K

Total Holdings

$9.09M

Charles Meyers

CEO of Equinix, Inc.

2022 Compensation

Stock

$0.00

Salary

$1.05M

Bonus

$0.00

Other

$86.68K

Total Holdings

$13.76M

Andrew P. Power

CEO of Digital Realty

2023 Compensation

Stock

$3.40M

Salary

$802.31K

Bonus

$1.81M

Other

$790.92K

Total Holdings

$28.84M

Sumit Roy

CEO of Realty Income

2023 Compensation

Stock

$5.96M

Salary

$1.00M

Bonus

$4.06M

Other

$674.91K

Total Holdings

$23.97M

Hamid R. Moghadam

CEO of Prologis

2023 Compensation

Stock

$41.06M

Salary

$1.00

Bonus

$1.91M

Other

$12.00K

Total Holdings

$125.21M

Holdings

See how much did Thomas A. Bartlett make over time.

As of 2024, Thomas A. Bartlett holds more than $60 million worth of American Tower stock, showing a serious commitment to the company's success. His holdings reached a peak during his tenure when his net worth was heavily tied to the company's performance. His investments are not entirely personal; they also include interests held by family trusts, creating a diversified ownership structure within his family. This reflects his belief in the long-term strategy of American Tower. Over the years, he has managed to keep a substantial portion of his wealth in American Tower, showcasing a strong faith in the company's direction, despite the fluctuations in market conditions. His investments demonstrate a classic case of an executive who truly shares the risks and rewards with shareholders.

Mar 18, 2025

AMT @ $214.87

Total Stock Sold

$67.24M

AMT

$67.24M

598,914 AMT shares

What if they kept their stock?

If Thomas A. Bartlett didn't sell their stock, today they would have:
Extra AMT598,914 shares worth $155.48M.
This is 131.23% and $88.24M more than what they got when they sold the stock.

Charitable Transactions

AMT

16,928 shares

AMT

Recent Charitable Transactions

AMT

16,928 shares

AMT

Dec 31, 2020

Charity

Insider Trading

See recent insider trades of Thomas A. Bartlett.

AMT

53,009 shares

AMT

Feb 28, 2024

Received

AMT

23,841 shares

AMT

Mar 10, 2023

Received

AMT

28,726 shares

AMT

Feb 24, 2023

Received

AMT

18,042 shares

AMT

Mar 10, 2022

Received

AMT

18,042 shares

AMT

Mar 10, 2022

Received

AMT

17,395 shares

AMT

Feb 24, 2022

Received

AMT

17,611 shares

AMT

Mar 10, 2021

Received

AMT

23,653 shares

AMT

Feb 25, 2021

Received

AMT

16,928 shares

AMT

Dec 31, 2020

Charity

AMT

16,928 shares

AMT

Dec 31, 2020

Charity

Compensation History

See how much did Thomas A. Bartlett make over time.

In 2023, Thomas A. Bartlett's total compensation was $19.3 million. This included a base salary of $1.1 million and a performance-based bonus of $3.4 million, which was 153% of his target award, based on the company's and his personal achievements. Notably, no stock grants vested for him in 2023, as the company emphasizes performance-oriented awards. This reflects a clear focus on rewarding for long-term success and aligning executive pay with the company’s financial performance. As a part of American Tower's strategy, 80% of his bonus relies directly on the company's financial metrics like property revenue and adjusted EBITDA. This model not only incentivizes him but also ensures that the company's executive team is focused on delivering strong financial results for shareholders.

Year

2023

Total Compensation

$4.51M

Salary

$1.10M

Board Justification

The compensation philosophy focuses on attracting and retaining top talent while aligning executive compensation with company performance and stockholder interests through a pay-for-performance model.

Bonus

$3.37M

Board Justification

The bonus is based on achieving pre-established company financial goals and individual performance goals, with a payout of 153% of the target award for 2023.

Other

$43.02K

Board Justification

Other compensation includes retirement match, car expenses, and tax reimbursements.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants vested in 2023 as the focus is on performance-based awards that vest over a longer period.

Performance Metrics

The performance metrics include total property revenue and adjusted EBITDA, with 80% of the bonus tied to financial goals and 20% to individual performance.

Other American Tower CEOs

Here are other CEOs of American Tower

James D. Taiclet

Ex-CEO of American Tower

October 2003 - March 2020