{"id":14727,"date":"2024-02-21T16:15:07","date_gmt":"2024-02-21T16:15:07","guid":{"rendered":"https:\/\/radiusmulti.wpenginepowered.com\/?p=14727"},"modified":"2024-02-21T16:15:07","modified_gmt":"2024-02-21T16:15:07","slug":"radius-announces-ceo-transition","status":"publish","type":"post","link":"https:\/\/www.radiusglobal.com\/ca\/radius-announces-ceo-transition\/","title":{"rendered":"Radius Announces CEO Transition"},"content":{"rendered":"<div class=\"wpb-content-wrapper\" id=\"wpb-content-root\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<h5 class=\"post-title\"><strong>Radius Announces CEO Transition<\/strong><\/h5>\n<p class=\"wp-block-paragraph\"><em>President Scott G. Bruce named CEO, effective immediately, as Co-Founder Bill Berkman departs<\/em><\/p>\n<p class=\"wp-block-paragraph\">NEW YORK\u2013(<a href=\"https:\/\/www.businesswire.com\/\" target=\"_blank\" rel=\"noopener\">BUSINESS WIRE<\/a>)\u2013Radius Global Infrastructure, Inc. (\u201cRadius\u201d or \u201cthe Company\u201d), a leading global aggregator of real property interests underlying wireless telecommunications cell sites and other digital infrastructure assets, today announced that Scott G. Bruce, President of Radius, has additionally been appointed interim Chief Executive Officer and will join the Company\u2019s board of directors, effective immediately. Mr. Bruce succeeds Bill Berkman, who is stepping down as Co-Chairman and Chief Executive Officer to pursue new ventures outside of Radius.<\/p>\n<p class=\"wp-block-paragraph\">Co-founded by Mr. Berkman in 2010, Radius has been at the forefront of aggregating real property interests for wireless telecommunications cell sites and other types of mission critical digital infrastructure real estate. To date, the Company has invested over $2.5 billion in capital across 21 countries in assets that generate approximately $200 million of revenue annually, underscoring Radius\u2019 critical role in the telecommunications infrastructure ecosystem.<\/p>\n<p class=\"wp-block-paragraph\">Mr. Bruce, who has served as President of Radius and its predecessor since its inception in 2010, has more than three decades of operational, management, legal and investment experience across the telecommunications and communications infrastructure industries. Radius\u2019 senior management team, consisting of Chief Operating Officer Richard Goldstein, Chief Financial Officer Glenn Breisinger, General Counsel Susanne Kandel and Co-CEOs of AP Wireless Daniel Hasselman and Scott Langeland, will continue to operate the Company in their existing capacities.<\/p>\n<p class=\"wp-block-paragraph\">\u201cFor as long as I\u2019ve known him, Bill has been an extraordinary leader in the telecommunications industry, stretching his vision well beyond Radius to spur innovation across multiple telecom related businesses,\u201d said Mr. Bruce. \u201cWe are proud to continue his impactful work. On behalf of the entire Radius family, we thank Bill for his many years of dedication and leadership and wish him all the best in his future endeavors.\u201d<\/p>\n<p class=\"wp-block-paragraph\">\u201cThe past decade at Radius has been some of the most exciting and rewarding years of my career,\u201d said Mr. Berkman. \u201cIn working alongside this incredible team, we\u2019ve pioneered a new frontier for the aggregation of digital infrastructure sites and built one of the industry\u2019s leading platforms. As a continued investor in Radius, I am confident that the financial and strategic backing of our shareholders, together with the Company\u2019s senior leadership, will continue to drive value creation in this exciting new chapter for the business.\u201d<\/p>\n<p class=\"wp-block-paragraph\"><strong>About Radius<\/strong><\/p>\n<p class=\"wp-block-paragraph\">Radius Global Infrastructure, Inc., through its various subsidiaries, is a multinational owner and acquiror of triple net rental streams and real properties leased to wireless operators, wired operators, wireless tower companies, and other digital infrastructure operators. As of September 30, 2023, Radius had interests in the revenue streams of approximately 10,000 assets that were situated on approximately 7,600 different communications sites located throughout the United States and 20 other countries. Annualized contractual revenue from the rents expected to be collected on the leases in-place at that time from the assets was approximately $192 million.<\/p>\n<p class=\"wp-block-paragraph\">For more information, please visit\u00a0<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.radiusglobal.com&amp;esheet=53899564&amp;newsitemid=20240221116124&amp;lan=en-US&amp;anchor=www.radiusglobal.com&amp;index=1&amp;md5=4969017497b6e28916a0f299c819008d\" target=\"_blank\" rel=\"noreferrer noopener\">www.radiusglobal.com<\/a>.<\/p>\n<h2 class=\"wp-block-heading\">Contacts<\/h2>\n<p class=\"wp-block-paragraph\">FGS Global<br \/>\nGeorge Sard\/Jared Levy\/Suzanne Byowitz<br \/>\nEmail:\u00a0<a href=\"mailto:RadiusGlobal@fgsglobal.com\" target=\"_blank\" rel=\"noreferrer noopener\">RadiusGlobal@fgsglobal.com<\/a><br \/>\nPhone: 1-212-687-8080<\/p>\n<p>[\/vc_column_text][vc_separator][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Radius Global Infrastructure, Inc. (\u201cRadius\u201d or \u201cthe Company\u201d), a leading global aggregator of real property interests underlying wireless telecommunications cell sites and other digital infrastructure assets, today announced that Scott G. Bruce, President of Radius, has additionally been appointed interim Chief Executive Officer and will join the Company\u2019s board of directors, effective immediately.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"editor_notices":[],"footnotes":""},"categories":[34],"tags":[],"class_list":["post-14727","post","type-post","status-publish","format-standard","hentry","category-press-releases","category-34","description-off"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.radiusglobal.com\/ca\/wp-json\/wp\/v2\/posts\/14727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.radiusglobal.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.radiusglobal.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.radiusglobal.com\/ca\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.radiusglobal.com\/ca\/wp-json\/wp\/v2\/comments?post=14727"}],"version-history":[{"count":0,"href":"https:\/\/www.radiusglobal.com\/ca\/wp-json\/wp\/v2\/posts\/14727\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.radiusglobal.com\/ca\/wp-json\/wp\/v2\/media?parent=14727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.radiusglobal.com\/ca\/wp-json\/wp\/v2\/categories?post=14727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.radiusglobal.com\/ca\/wp-json\/wp\/v2\/tags?post=14727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}