Casella Waste Systems, Inc. Promotes Ed Johnson to President and Chief Operating Officer; Ned Coletta Named Chief Financial O...
04 December 2012 - 9:43AM
Marketwired
Casella Waste Systems, Inc. (NASDAQ: CWST), a regional,
vertically-integrated solid waste, recycling and resource
management services company, today said it has promoted chief
financial officer Ed Johnson to the post of president and chief
operating officer, and that Ned Coletta, vice president of finance
and investor relations, would become the company's new senior vice
president, chief financial officer and treasurer. The company also
said that Paul Larkin, who had served as president and chief
operating officer, has left the company effective November 30,
2012.
"Ed Johnson brings the background and experience to the
challenge of running a nimble, customer-focused business whose
mission is growing cash flow and profitability," Casella said. "The
board and I have immense faith in his ability to run the day-to-day
operations of this company and succeed."
Before joining Casella as chief financial officer in 2010,
Johnson was chief financial officer at Waste Services, Inc., where
he helped lead the operational and financial turnaround of that
company. Previously, Johnson was president of Able Telcom during
its turnaround, and has been a senior leader in six publicly traded
companies, as well as a member of the board of directors at two
companies, including Attwoods, PLC, a multinational waste services
holding company.
The company also said that it has named Ned Coletta as its
senior vice president, chief financial officer and treasurer.
Coletta had previously served as the company's vice president of
finance and investor relations.
"Ned Coletta has successfully managed a number of complex
refinancing and equity transactions aimed at improving the
company's balance sheet," Casella said. "He also has an impressive
and comprehensive grasp of the broader strategic issues that are
vital to the company's mission to create shareholder value. He's a
great addition to the senior management team."
About Casella Waste Systems, Inc. Casella Waste Systems, Inc.,
headquartered in Rutland, Vermont, provides solid waste management
services consisting of collection, transfer, disposal, and
recycling services in the northeastern United States. For further
information, investors contact Ned Coletta, chief financial officer
at (802) 772-2239, media contact Joseph Fusco, vice president at
(802) 772-2247, or visit the company's website at
http://www.casella.com.
Investors Contact Ned Coletta CFO (802) 772-2239 Media Contact
Joseph Fusco (802) 772-2247
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