Casella Waste Systems Appoints Gary Sova to Its Board of Directors and Announces the Retirement of James F. Callahan Jr and J...
17 June 2021 - 6:15AM
Casella Waste Systems, Inc. (“Casella”) (Nasdaq: CWST), a regional
solid waste, recycling and resource management services company,
announced today the appointment of Gary Sova to Casella’s Board of
Directors (the “Board”) effective June 15, 2021. In addition, the
Company announced the retirement of James F. Callahan, Jr. from its
Board effective June 14, 2021, and the retirement of James E.
O’Connor upon the completion of his term at the Company’s 2021
annual meeting of stockholders held June 2, 2021.
Mr. Sova served as a Senior Executive at Republic Services,
Inc., a leading provider of U.S. environmental services, from 2002
to 2019. During his time at Republic Services, he
served as Senior Vice President of the Energy Services Division,
Senior Vice President of National Accounts, and as the company’s
Executive Vice President of Marketing and Sales. Prior
to Republic Services, Mr. Sova was a Director of Business
Development at Enron Energy Services from 2000 to 2002. From 1985
through 2000, Mr. Sova served in numerous sales and operating roles
at Browning Ferris Industries, Inc, an early leader in the waste
management industry. Mr. Sova holds a BA from Southern
Illinois University.
“We are excited to welcome Gary to our Board and we are looking
forward to his positive contributions," said John W. Casella,
Chairman and CEO of Casella. “Gary is an experienced leader from
the solid waste industry who will bring broad sales and marketing
expertise and insights to our Board. We are confident that the
addition of Gary will be valuable to the company as we continue to
execute our long-term strategy and work to drive further profitable
growth.”
“I would also like to take this opportunity to thank Jim
O’Connor and Jim Callahan for their service on our Board and for
their strong contributions to our success,” Casella said. “Jim
O’Connor joined our Board in 2015 during a pivotal time, and his
leadership and guidance as our lead outside Director was invaluable
as we executed on our long-term strategy. Jim’s passion for the
solid waste industry has always been equally matched by his deep
knowledge of the business, and I could always count on Jim for
strategic advice.”
“Jim Callahan’s steady hand and wisdom has been a guiding force
for the company over the last 18 years and will be missed by the
entire team,” Casella said. “Over the years, I always respected
Jim’s thoughtful and measured counsel, and as our audit committee
financial expert Jim brought significant expertise to the
Board.”
With the retirement of Mr. O’Connor and Mr. Callahan and the
appointment of Mr. Sova, the Company’s Board now consists of nine
members, seven of whom are independent directors. Mr. Sova will
serve as a Class I director and was appointed to the Board’s Audit
Committee.
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 should contact
Ned Coletta, chief financial officer at (802) 772-2239, and media
should contact Joseph Fusco, vice president at (802) 772-2247, or
visit the company’s website at http://www.casella.com.
Safe Harbor Statement
Certain matters discussed in this press release, including, but
not limited to, the statements regarding our intentions, beliefs or
current expectations concerning, among other things, our financial
performance; financial condition; operations and services;
prospects; growth; strategies; and guidance for fiscal 2019, are
“forward-looking statements” intended to qualify for the safe
harbors from liability established by the Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
generally be identified as such by the context of the statements,
including words such as “believe,” “expect,” “anticipate,” “plan,”
“may,” “would,” “intend,” “estimate,” "will," “guidance” and other
similar expressions, whether in the negative or affirmative. These
forward-looking statements are based on current expectations,
estimates, forecasts and projections about the industry and markets
in which the Company operates and management’s beliefs and
assumptions. The Company cannot guarantee that it actually will
achieve the financial results, plans, intentions, expectations or
guidance disclosed in the forward-looking statements made. Such
forward-looking statements, and all phases of the Company's
operations, involve a number of risks and uncertainties, any one or
more of which could cause actual results to differ materially from
those described in its forward-looking statements.
These additional risks and uncertainties include, without
limitation, those detailed in Item 1A, “Risk Factors” in the
Company's Form 10-K for the fiscal year ended December 31,
2020, and in other filings that the Company may make with the
Securities and Exchange Commission in the future.
The Company undertakes no obligation to update publicly any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law.
Investors:Ned ColettaChief Financial Officer(802) 772-2239
Media:Joseph FuscoVice President (802) 772-2247
http://www.casella.com
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