Crown Castle (CCI) co-founder issues statement on new CEO

(Updated - April 11, 2024 11:21 AM EDT) Ted B. Miller, co-founder and former Executive Chairman & Chief Executive Officer of Crown Castle Inc., (NYSE: CCI) ("Crown Castle" or the "Company") and his investment vehicle Boots Capital Management, LLC ("Boots Capital") today issued the following statement regarding Crown Castle's appointment of Steven J. Moskowitz as President and Chief Executive Officer.

"Like all Crown Castle shareholders, we are just learning about Mr. Moskowitz's appointment and are reviewing his qualifications to serve as Crown Castle's CEO. We believe this announcement reinforces the critical need for Boots Capital's highly qualified director nominees to join the Crown Castle Board at this critical juncture. The current Board has a decade-long track record of inferior total shareholder returns for Crown Castle. By contrast, our nominees have the direct tower operating experience, deep internal knowledge and understanding of Crown Castle's business and employee base, as well as the capital markets expertise and ability to successfully oversee a thorough review of the fiber business, all of which are critical to ensure Mr. Moskowitz's success and to drive long-term value for all Crown Castle shareholders."

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