Outfront Media Appoints Mark Carleton to Board of Directors

Outfront Media has appointed Mark Carleton to its Board of Directors, effective June 11, 2025. Carleton will join the audit committee and his term will last until the 2026 Annual Meeting of Stockholders. His compensation includes an annual cash retainer and equity grants, aligning with the company's compensation policy. This appointment is expected to strengthen the company's governance structure and potentially enhance its strategic oversight.

Outfront Media Inc (Symbol: OUT) has announced the appointment of Mark Carleton to its Board of Directors, effective June 11, 2025. Carleton will serve on the audit committee and his term will extend until the 2026 Annual Meeting of Stockholders. His compensation includes an annual cash retainer and equity grants, aligning with the company's compensation policy. This appointment is expected to strengthen the company's governance structure and potentially enhance its strategic oversight [1].

Mark Carleton brings extensive experience in the finance and operational leadership sectors, having previously served as CEO and president of American Tower Corp from 2020 through 2024. His appointment follows a strategic review aimed at bolstering the board's financial and operational capabilities. The move is part of The Hartford's ongoing efforts to enhance its governance and strategic oversight, as outlined in a recent press release [2].

Carleton's appointment comes at a critical time for Outfront Media, which has been expanding its digital advertising portfolio and making strategic acquisitions to bolster its market position. The company has been actively converting its traditional static billboard advertising to digital displays, with 28 new digital billboard displays built or converted in the first quarter of 2025 alone. Additionally, it has been investing in its digital transit portfolio, building, converting, or replacing 778 digital transit and other displays in the United States during the same period [3].

While Outfront Media's revenues and operating results are sensitive to fluctuations in advertising expenditures and economic conditions, the appointment of Carleton is seen as a positive step towards enhancing the company's strategic oversight and governance structure. This move is expected to provide Outfront Media with a stronger foundation as it continues to navigate the complexities of the advertising industry [1].

References:
[1] https://www.nasdaq.com/articles/ex-dividend-reminder-potlatchdeltic-outfront-media-and-first-merchants
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3SD0KA:0-the-hartford-adds-bartlett-to-board-of-directors/
[3] https://finance.yahoo.com/news/wise-retain-oufront-media-stock-171500427.html