Array Digital Infrastructure, Inc. (AD) company profile
Close on Nov 13, 2026Market cap $2.41BP/E 3.7Yield 82.61%
About Array Digital Infrastructure
Radiotelephone Communications, SIC 4812
Array Digital Infrastructure, Inc. operates shared wireless communications infrastructure by leasing cell tower space to wireless carriers and offering ancillary services. Tenants install equipment on the company's towers to support cellular networks, 5G deployment, and other mobile technologies. Array also retains noncontrolling interests in wireless operating businesses and holds wireless spectrum licenses, with primary customers comprising major telecommunications providers such as T-Mobile, AT&T, and Verizon.
The company functions across the United States as the country's fifth largest tower owner and operator, maintaining a portfolio of 4,450 communications towers located across 19 states. Array operates as an 82.0%-owned subsidiary of Telephone and Data Systems, Inc., and the provided text does not state its headquarters location.
Summary of the business section of Array Digital Infrastructure's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Array Digital Infrastructure, Inc.
- Founded
- 1983
- Headquarters
- Chicago, IL
- Address
- 500 West Madison Street, Suite 810 60661
- Phone
- (866) 573-4544
- Website
- arrayinc.com
- Employees
- 60, Dec 31, 2025
- Industry
- Radiotelephone Communications
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- AD
- Other tickers
- UZD, UZE, UZF
- Former tickers
- USM until Oct 10, 2025
- Exchange
- NYSE
- IPO date
- May 4, 1988
- Shares outstanding
- 87M, Jun 30, 2026
- Public float
- $923.00M, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 821130
- CUSIP
- 911684108
- ISIN
- US9116841084
- FIGI
- BBG000BW6P59
- Share class FIGI
- BBG001S5X446
- LEI
- 549300B164AZXESI6E03
- EIN
- 62-1147325
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Anthony J. Carlson | President and CEO, Director | 10,671 |
| Douglas W. Chambers | Interim President and CEO, Director | 17,600 |
| Michael Irizarry | EVP-CTO, Director | 115,076 |
| Laurent C. Therivel | President and CEO, Director | 206,605 |
| Kevin R. Lowell | EVP, Chief People Officer | 26,934 |
| Harry J. Harczak Jr | Director | 19,870 |
| Xavier Williams | Director | 8,735 |
| Esteban C. Iriarte | Director | 11,426 |
| John M. Toomey | Director | 0 |
| Joseph R. Hanley | Director | 0 |
| Walter Cd Carlson | Director | 44,628 |
| Kenneth S. Dixon | Director | 0 |
| Gregory P. Josefowicz | Director | 22,480 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Anthony J.M.Carlson | $584.79K | $511.47K | $3.80M | $249 | $124 |
| FY2025 Douglas W.Chambers | $3.98M | $5.24M | $3.80M | $249 | $124 |
| FY2025 Laurent CTherivel | $9.31M | $8.75M | $3.80M | $249 | $124 |
| FY2024 | $7.66M | $21.31M | $2.81M | $204 | $116 |
| FY2023 | $10.86M | $20.29M | $3.43M | $135 | $89 |
| FY2022 | $6.91M | -$2.34M | $2.52M | $68 | $86 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Anthony J. M. Carlson President and Chief Executive Officer | $244.23K | $73.56K | $178.10K | $66.44K | $22.46K | $584.79K | – |
| Laurent C. Therivel Former President and Chief Executive Officer | $590.70K | – | $7.08M | $653.23K | $992.71K | $9.31M | +22% |
| Douglas W. Chambers Former President and Chief Executive Officer and Former Executive Vice President, Chief Financial Officer | $654.52K | $250.00K | $2.09M | $216.20K | $770.52K | $3.98M | +53% |
| Michael S. Irizarry Former Executive Vice President, Chief Technology Officer and Head of Engineering and Information Technology | $571.75K | – | $2.85M | $338.80K | $957.84K | $4.72M | +29% |
| Kevin R. Lowell Former Executive Vice President, Chief People Officer and Head of Communications | $334.93K | – | $1.75M | $183.63K | $616.65K | $2.89M | +33% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“Array had approximately 60 full-time and part-time associates as of December 31, 2025.”
Corporate history
Events identified from SEC filings
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