PHOENIXMarch 30, 2021 / PRNewswire / – Republic Services, Inc. (NYSE: RSG) today announced the industry icon Donald W. Slager has announced his intention to retire from the Company after having served as CEO for over a decade and COO for almost a decade previously. The move marks the conclusion of a thoughtful and comprehensive multi-year CEO succession planning process. President Jon Vander Ark will succeed Slager as CEO of the company. Vander Ark will also continue as Chairman and will be appointed to the Board of Directors. The transition will be effective June 25, 2021. Slager will serve as a consultant until 2021 to complete this orderly and transparent transition.
âIt has been a pleasure to serve as the CEO of Republic for the past decade,â Slager said. âWe have built a sustainable base from which the company can continue to thrive. Jon has contributed significantly since joining the team and has been instrumental in launching and integrating several key programs including Capture, Priority Based Selling and Digital Operations. Its innovative spirit and passion for sustainable development are great attributes. I have every confidence that Jon will continue to position Republic as an industry leader throughout the next chapter of the business.
Manny Kadre, Chairman of the Board of Directors of Republic, said: âThis announcement follows a robust, multi-year CEO succession planning process developed and executed by Don and the Board of Directors, culminating in this unanimous appointment. . Don has formed an exceptional successor who will continue to serve our customers, employees and shareholders well. Jon is a proven leader who is ready to build on our strong foundation, leverage our leadership position in the market and capitalize on our momentum.
âIt’s an honor and a real lesson in humility to follow Don as the next CEO of Republic Services,â said Vander Ark. âI look forward to continuing the great work that has already been done. Republic and for what we plan to accomplish on the road ahead. We had a good start to the year, supported by the positive dynamics of activity and macroeconomic factors which were better than expected. It’s an exciting time to be in this business. “
Kadre also expressed the Board’s deep appreciation and gratitude to Don for his extraordinary performance and tireless dedication to the company over the past 35 years. âDon left an indelible mark by delivering enduring shareholder value and transforming Republic while creating a highly ethical, inclusive and engaged culture, a recognized corporate brand and a clear identity for the people of Republic. Don also realized the undeniable legacy of building the business and professionalizing the industry while consistently producing exceptional results. ”
Slager’s experience in the waste industry spans over four decades. He first worked in the company as a truck washer as a young teenager before starting his full-time career in the maintenance shop in 1980. He then held several positions as a driver and has was appointed to a supervisory position at the age of 24. was subsequently and continuously appointed to positions of increasing responsibility. In 1985, Slager joined National Waste Services, a private Chicago, and led this organization in 1992 when it became one of the key companies of Allied Waste Industries, Inc. Slager held a number of positions at Allied before joining the corporate team in 1998 and becoming COO in 2002. Slager oversaw Allied’s groundbreaking merger with Republic in 2008 and was appointed CEO in 2011.
Vander Ark was appointed President of the Republic in May 2019, and currently leads the continued transformation and continued growth of the company, with responsibility for operations, sales, marketing and business development. Vander Ark served as executive vice president of the company, chief operating officer of january 2018 at May 2019. Previously, he was Executive Vice President of the Company, Corporate Operations march 2016 to January 2018. Vander Ark joined the Republic team in January 2013 as executive vice president, chief marketing officer. Prior to Republic, he was a partner at McKinsey & Company, managing clients in a variety of industries including transportation, logistics, manufacturing and consumer products. Jon holds a Bachelor of Arts degree from Calvin College and a doctorate in law from Harvard University.
For more information, visit RepublicServices.com
About the services of the Republic
Republic Services, Inc. is a leader in the United States environmental services industry. Through its subsidiaries, the Company offers a superior customer experience while promoting a sustainable blue planetÂ® for future generations to enjoy a cleaner, safer and healthier world. For more information visit RepublicServices.com, or follow us on Facebook.com/RepublicServices, @RepublicService on Twitter or Republic Services on LinkedIn.
Information Regarding Forward-Looking Statements
This press release contains certain forward-looking information about us which is intended to be safe harbor for âforward-looking statementsâ provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not facts historical. Words such as “direction”, “expect”, “will”, “could”, “anticipate”, “plan”, “estimate”, “plan”, “intend”, “should”, “Might”, “probably,” “could”, “outlook” and similar expressions are intended to identify forward-looking statements. These statements contain information about our plans, strategies and prospects. Forward-looking statements are not guarantees of performance These statements are based on the current beliefs and expectations of our management and are subject to risks and uncertainties which could cause actual results to differ materially from those expressed, implied or projected by forward-looking information and statements. Although we believe that the expectations reflected in forward-looking statements are reasonable, we cannot assure you that the expectations will prove to be correct. ient to ensure that actual results differ materially from the expectations expressed in the forward-looking statements include the effects of the COVID-19 pandemic and the measures taken in response, acts of war, riots or terrorism, and the impact of these latter. acts on economic, financial and social conditions United States as well as our reliance on large, long-term collection, transfer and disposal contracts. Additional information about factors that could cause actual results or events to differ materially from those anticipated is included from time to time in our reports filed with the Securities and Exchange Commission, including our annual report on the form. 10-K for the year ended. December 31, 2020 (when filed), in particular under Part I, Section 1A – Risk Factors. In addition, new risk factors emerge from time to time and it is impossible for us to predict all of these risk factors or to assess the impact that these risk factors may have on our business. We assume no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE Republic Services, Inc.