Current Report
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) October 28, 2010
SBA Communications Corporation
(Exact Name of Registrant as Specified in its Charter)
| Florida | 000-30110 | 65-0716501 | ||
|
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
|
5900 Broken Sound Parkway N.W. Boca Raton, FL |
33487 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (561) 995-7670
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)
On October 28, 2010, SBA Communications Corporation (the “Company”) appointed Kurt Bagwell as President – International, pursuant to which Mr. Bagwell will have primary responsibility for all of the Company’s international activities. Mr. Bagwell was formerly the Company’s Senior Vice President and Chief Operating Officer. A press
Item 9.01 Financial Statements and Exhibits.
| (d) | Exhibits |
|
Exhibit No. |
Description |
|
| 99.1 | Press release issued by SBA Communications Corporation on November 3, 2010. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SBA COMMUNICATIONS CORPORATION | ||
| By: |
/s/ Brendan T. Cavanagh |
|
| Brendan T. Cavanagh | ||
| Senior Vice President and Chief Financial Officer | ||
Date: November 3, 2010
Exhibit 99.1
SBA ANNOUNCES EXECUTIVE CHANGES
BOCA RATON, FL, November 3, 2010 — SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) announced today changes to the responsibilities of two of its executive officers. Kurt Bagwell, currently the Company’s Senior Vice President and Chief Operating Officer, has been named President – International. Mr. Bagwell will have primary responsibility for all of SBA’s growing international activities. Mark Ciarfella, currently the Company’s Vice President – New Builds, has been named Senior Vice President – Operations, where he will oversee the Company’s tower operations and services business, as well as to continue to oversee new tower builds for SBA ownership. Mr. Ciarfella will join the Company’s executive committee, consisting of Messrs. Bagwell, Ciarfella, Jason Silberstein (Senior Vice President – Property Management), Brendan Cavanagh (Chief Financial Officer), Tom Hunt (Chief Administrative Officer and General Counsel), and Jeff Stoops (Chief Executive Officer).
“We’re pleased to announce these changes” commented Jeff Stoops. “They reflect the growth of our international activities and the depth of our management team. Kurt and Mark have been with SBA for many years, and have spent their entire careers in wireless. With this depth of experience we have the resources to successfully grow our business in new geographic markets while continuing our primary focus of executing and growing our U.S. operations. We’re excited about our future both domestically and internationally.”
SBA is a leading independent owner and operator of wireless communications infrastructure in North and Central America. SBA generates revenue from two primary businesses - site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts.
For additional information about SBA, please contact Mark DeRussy, Director of Finance, (561) 226-9531 or visit our website at www.sbasite.com .