In With the New

Wastequip promotes John Scott as its new CEO

Wastequip, Cleveland, promoted John Scott to be the company's new president and CEO, effective Oct. 7. Scott most recently served as the president of Wastequip's Specialty Group. He also was president and CEO of Toter Inc. until it was acquired by Wastequip in April 2007.

"I am honored to be named CEO of Wastequip at this important timeā€¦" Scott said in a press release. "I look forward to working with all Wastequip employees to continue to design, manufacture and deliver innovative, high-quality products to our customers in a cost efficient manner."

Scott replaces the recently retired Robert Rasmussen, who had served as the company's CEO since 2001 and was inducted into the Washington-based Environmental Industry Associations' Hall of Fame in 2007.

"We are grateful to Bob Rasmussen for all of his many contributions to our company over the years," Scott said. "Bob has played a crucial role in Wastequip's continued success, and we wish him the very best in the future."

Rasmussen joined Wastequip in 1992 following its acquisition of Accurate Industries, which he founded in 1973. Going forward, he will be available to Wastequip as a consultant.

"Since joining Wastequip, John Scott has demonstrated exceptional business skills, drive and leadership," Rasmussen said, in a press release. "I am delighted that Wastequip's future is in his capable hands. I thank all of my colleagues for their hard work on behalf of Wastequip over the years and for their friendship."

Wastequip manufactures more than 200 products used to collect, process and transport solid, liquid and semi-liquid waste and recycling materials.