Robert E. Gagnon Appointed Chief Financial Officer
NORWELL, Mass.--(BUSINESS WIRE)--Aug. 20, 2012--
Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider
of environmental, energy and industrial services throughout North
America, today announced that Vice Chairman, Chief Financial Officer and
Treasurer James M. Rutledge, 60, will transition to the newly created
position of President and Chief Operating Officer. He will retain his
position as Vice Chairman. In conjunction with this promotion, Clean
Harbors also announced that Robert E. Gagnon, 38, has joined the Company
as Executive Vice President, Chief Financial Officer and Treasurer.
“Since his arrival at Clean Harbors in 2005, Jim Rutledge has played an
instrumental role in managing the financial and administrative
responsibilities of the Company through a period of rapid expansion,”
said Alan S. McKim, Chairman and Chief Executive Officer of Clean
Harbors. “After being named Vice Chairman in 2011, Jim also has made
substantial contributions at the Board level. His commitment to our
long-term vision for Clean Harbors and demonstrated ability to achieve
results will be invaluable as we seek to extend our leadership position
in the industry.”
Prior to Clean Harbors, Rutledge served as Chief Financial Officer of
Rogers Corporation from 2002 through 2005, where he was responsible for
financial, tax and legal functions as well supply chain operations
worldwide. Prior to Rogers, he served as CFO at Baldwin Technology
Company, Inc., a publicly listed manufacturer of controls, accessories
and material handling equipment for the printing industry. He also
served in various capacities, including vice president and treasurer,
over a 20-year span at Witco Corporation, a $2 billion global specialty
chemicals company. Rutledge began his career as a Certified Public
Accountant at Price Waterhouse & Co.
“Rob Gagnon’s broad financial expertise makes him an ideal choice to be
our next CFO,” McKim said. “He is a seasoned executive with experience
running a large-scale finance organization for a Fortune 500 company.
His strengths align perfectly with Clean Harbors’ current growth
strategy as he brings a deep background in the areas of M&A, capital
planning and business development. In addition, Rob began his career as
an auditor. We are excited to have him join our executive team.”
Prior to joining Clean Harbors, Gagnon served as Vice President of
Finance, Business Planning and Chief Accounting Officer at Biogen Idec
Inc. He has held a variety of positions within Biogen’s finance
organization since joining the company in 2005. Previously, Gagnon was a
Senior Audit Manager with Deloitte & Touche and PricewaterhouseCoopers.
Prior to those positions, he was Corporate Controller at eRoom
Technology. A Certified Public Accountant, Gagnon holds an MBA degree
with a finance concentration from the Massachusetts Institute of
Technology and a BA degree in Accounting from Bentley College.
About Clean Harbors
Harbors is the leading provider of environmental, energy and
industrial services throughout North America. The Company serves more
than 60,000 customers, including a majority of the Fortune 500
companies, thousands of smaller private entities and numerous federal,
state, provincial and local governmental agencies.
Headquartered in Norwell, Massachusetts, Clean Harbors has more than 200
locations, including over 50 waste management facilities, throughout
North America in 37 U.S. states, seven Canadian provinces, Mexico and
Puerto Rico. For more information, visit www.cleanharbors.com.
Safe Harbor Statement
Any statements contained herein that are not historical facts are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
generally identifiable by use of the words “believes,” “expects,”
“intends,” “anticipates,” “plans to,” “estimates,” “projects,” or
similar expressions. Such statements may include, but are not limited
to, statements about the Company’s business outlook and financial
guidance and other statements that are not historical facts. Such
statements are based upon the beliefs and expectations of Clean Harbors’
management as of this date only and are subject to certain risks and
uncertainties that could cause actual results to differ materially,
including, without limitation, those items identified as “risk factors”
in the Company’s most recently filed Form 10-K and Form 10-Q. Therefore,
readers are cautioned not to place undue reliance on these
forward-looking statements. The Company undertakes no obligation to
revise or publicly release the results of any revision to these
forward-looking statements other than through its various filings with
the Securities and Exchange Commission, which may be viewed in the
“Investors” section of the Company’s website at www.cleanharbors.com.
Source: Clean Harbors, Inc.
Clean Harbors, Inc.
James M. Rutledge, 781-792-5100
Chairman, President and Chief Operating Officer
Jim Buckley, 617-542-5300