Radius Global Infrastructure, Inc. (referred to as “Radius” or “the Company”), a prominent global consolidator of real property interests associated with wireless telecommunications cell sites and other digital infrastructure assets, has made a significant leadership announcement. Scott G. Bruce, the current President of Radius, has been appointed as the interim Chief Executive Officer and is set to assume a position on the Company’s board of directors with immediate effect. This transition follows the decision of Bill Berkman, the Co-Chairman and Chief Executive Officer, to step down and explore new ventures beyond Radius.
Established in 2010 by Mr. Berkman, Radius has played a pivotal role in aggregating real property interests related to wireless telecommunications cell sites and various mission-critical digital infrastructure real estate. The Company has invested over $2.5 billion in capital across 21 countries, managing assets that generate an annual revenue of approximately $200 million. This underscores the crucial role Radius plays in the telecommunications infrastructure ecosystem.
Scott G. Bruce, who has been associated with Radius and its predecessor since its inception, brings to the role over three decades of operational, management, legal, and investment experience within the telecommunications and communications infrastructure sectors. The current senior management team, comprising Chief Operating Officer Richard Goldstein, Chief Financial Officer Glenn Breisinger, General Counsel Susanne Kandel, and Co-CEOs of AP Wireless Daniel Hasselman and Scott Langeland, will continue their roles within the Company.
Commenting on the leadership transition, Mr. Bruce acknowledged Bill Berkman’s exceptional leadership in the telecommunications industry and expressed pride in continuing his impactful work. He extended gratitude on behalf of the entire Radius family for Bill’s dedication and leadership, wishing him success in his future endeavors.
In response, Mr. Berkman reflected on the past decade at Radius as some of the most exciting and rewarding years of his career. He praised the collaborative efforts of the team in pioneering the aggregation of digital infrastructure sites and building one of the industry’s leading platforms. As a continuing investor in Radius, he expressed confidence in the financial and strategic support from shareholders and the Company’s senior leadership to drive value creation in this new chapter for the business.