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CEOPayWatch

CEO Salary & Executive Compensation

American Tower AMT

CEO: Steven Vondran · Infrastructure REITs · 6,600 employees

C
Pay-for-Performance
54/100

Steven Vondran, CEO of American Tower (AMT), earned $8.0M in total compensation in 2025. American Tower receives a Pay-for-Performance grade of C (54/100), with a CEO-to-worker pay ratio of 114:1 and a say-on-pay shareholder approval of 85.4%. The company's 3-year total shareholder return is -11.3%.

How American Tower CEO Pay Compares

Steven Vondran's $8.0M total compensation is 0% below the Infrastructure REITs industry median of $8.0M. The 114:1 CEO-to-worker pay ratio is 0% lower than the industry average of 114:1.

American Tower (AMT) disclosed $8.0M in CEO compensation for Steven Vondran. The package is structured for retention plus performance alignment, with equity awards taking the largest share.

The CEO-to-median-worker pay ratio runs 114x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Three-year performance has been negative: TSR of -11.3% and -2.3% revenue change. Significant CEO compensation alongside negative shareholder returns is the most controversial pay pattern and is the central case for proxy-advisor pay-for-performance opposition.

Say-on-pay support was strong at 85%. The Dodd-Frank-mandated advisory vote on executive compensation passes at most U.S. public companies with comfortable margins; meaningful dissent typically requires either pay-performance misalignment or specific governance concerns. American Tower operates in Infrastructure REITs with 6,600 employees and $11.1B in annual revenue, and currently carries a market capitalization of $95.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.

Source: SEC EDGAR — DEF 14A proxy statements for American Tower (AMT).

$8.0M
CEO Total Comp
114:1
CEO-Worker Ratio
85.4%
Say-on-Pay Vote
-11.3%
3yr TSR
$70K
Median Worker Pay

Compensation Breakdown

Steven Vondran's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.

Salary$800K
Stock Awards$4.0M
Options$960K
Non-Equity Incentive$1.2M
Pension$160K
Other$880K

Compensation History

YearSalaryBonusStock AwardsOptionsNon-EquityOtherTotal
2025$800K-$4.0M$960K$1.2M$880K$8.0M
2024$800K-$4.0M$960K$1.2M$880K$8.0M
2023$800K-$4.0M$960K$1.2M$880K$8.0M
2022$800K-$4.0M$960K$1.2M$880K$8.0M

All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.

Named Executive Officers

Peer CEO Compensation

More Infrastructure REITs Companies

Steven Vondran, CEO of American Tower (AMT), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.

Frequently Asked Questions

Steven Vondran, CEO of American Tower (AMT), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.

American Tower has a Pay-for-Performance Score of C (54/100). The company's 3-year total shareholder return is -11.3%, and the say-on-pay shareholder vote passed with 85.4% approval.

The CEO-to-median-worker pay ratio at American Tower is 114:1. The median worker at American Tower earns $70K per year, while CEO Steven Vondran earns $8.0M in total compensation.

American Tower employs approximately 6,600 people. The company operates in the Infrastructure REITs industry within the Real Estate sector, generating $11.1B in annual revenue.

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