Allan Gerlat, News Editor

December 16, 2015

14 Slides

Updated: The figures have been adjusted and appended to clarify the compensation breakdowns by salary, bonuses, options and other compensation received. All figures are from company SEC filings.

Like every segment of business, the waste, recycling and environmental industry's top CEOs are well compensated.

The industry's economic factors have been doing well, and there's optimism for the future, according to the National Waste & Recycling Association's latest quarterly report on business conditions. Second quarter revenue climbed 10.3 percent. Employment's generally increasing, and it reached a record high for the waste and recycling industry in 2014, totaling 383,300.

The CEOs also are facing strong challenges these days, such as low prices for recyclables and the push to increase diversion through methods such as food waste collection. At WasteExpo four of the industry's top CEOs talked about the challenges as well as the good signs that the industry is improving, including broader economic trends such as housing.

This year Casella Waste Systems Inc. and CEO John Casella staved off a hostile board election move when JCP Investment Management withdrew its effort to place two members on the Casella board.

Meanwhile, in August Advanced Disposal announced in August it was making an initial public offering (IPO). Waste360 talked with Michael E. Hoffman, industry analyst and managing director, Stifel, Nicolaus & Co. Inc., about his thoughts on the Advanced Disposal IPO and what impact it can have on the industry. It brings needed funds to Advanced's owner, Highstar, but it also will ultimately give Advanced and CEO Richard Burke greater freedom to make any type of acquisition.

We take a look here at the total compensation for 14 of the industry's CEOs in 2014.

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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