- Waste Connections (WCN) names Founder Ronald J. Mittelstaedt as the company’s President and CEO
- Mittelstaedt served as the company’s CEO from 1997 until July 2019
- The company remains focused on fulfilling its 2023 full year financial outlook as originally provided in February, with earnings for Q1 2023 slated for April 26th
- Waste Connections is an integrated solid waste services company
- Waste Connections (WCN) opened with a loss of 0.24 per cent trading at $195.89 per share
Waste Connections (WCN) names Founder Ronald J. Mittelstaedt as the company’s President and CEO.
Mittelstaedt served as the company’s CEO from 1997 until July 2019, when he transitioned to the position of Executive Chairman. Mittelstaedt will remain on the Board of Directors but will no longer serve as Executive Chairman.
The company’s lead independent director, Michael W. Harlan, will become Chairman of the Board in a non-executive capacity.
Mittelstaedt succeeds Worthing F. Jackman, who also stepped down from his role as director.
“We thank Worthing for his work and dedication on behalf of Waste Connections for the last 19 years, including the last four as CEO,” said Mittelstaedt. “These last four years, with the pandemic and hyperinflation, have been challenging for leadership in all industries, and Worthing has done a yeoman’s job in leading us through this period. His extensive efforts have helped shape the company we are today, and we all wish him well in his future endeavors.”
“I’m excited to return to this role to serve our 23,000 employees and focus our efforts on servant leadership, our decentralized operating structure and delivering exceptional results in all areas,” he added.
An audio webcast of a conference call to discuss the executive transition can be accessed through Waste Connections’ official website.
The company remains focused on fulfilling its 2023 full year financial outlook as originally provided in February. Earnings for Q1 2023 are slated for April 26th.
Waste Connections provides non-hazardous waste collection, transfer and disposal services, along with resource recovery, primarily through recycling and renewable fuels generation. It serves more than eight million residential, commercial and industrial customers across 43 states in the U.S. and six provinces in Canada.
Waste Connections (WCN) opened with a loss of 0.24 per cent trading at $195.89 per share.
For full disclaimer information, please click here.