Waste Connections CEO on temporary leave
Waste Connections Inc. of Ontario, Canada, has announced that Ronald J. Mittelstaedt, its chairman and CEO, will take a temporary leave of absence to address health matters affecting him and his family.
Until Mittelstaedt's return, Worthing F. Jackman, the company president, will assume the duties and responsibilities of the company's principal executive officer. Michael W. Harlan, the company's lead independent director, will preside at all meetings of the board of directors until Mittelstaedt's return.
The announcement comes shortly after the company released its fourth-quarter earnings for 2018, which Mittelstaedt said “exceeded expectations.” Its fourth-quarter revenue was $1.26 billion, up from $1.16 billion in the same period the prior year.
Waste Connections is an integrated solid waste services company that provides non-hazardous waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the U.S. and Canada. Through its R360 Environmental Solutions subsidiary, Waste Connections is also a provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the U.S., including the Permian, Bakken and Eagle Ford Basins. The company serves more than 6 million residential, commercial, industrial, and exploration and production customers in 41 states in the U.S. and six provinces in Canada. The company also provides intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.