Waste Connections, Inc. announced that Worthing Jackman, executive vice president and chief financial officer, will succeed Steve Bouck as president, effective July 1. While Bouck transitions into retirement, he will provide ongoing strategic advice and focus on certain growth and technology initiatives.
“Steve joined Waste Connections shortly after the company’s founding over 20 years ago. During his tenure as CFO and then president, the company has grown to almost $5 billion in revenue and over 16,000 employees and has delivered a total shareholder return of more than 3,000 percent since our IPO,” said Ronald J. Mittelstaedt, CEO and chairman of Waste Connections, in a statement. “Steve has played an invaluable role in our success and has embodied everything expected of a servant leader. He is a trusted confidant and dear friend to many. I will miss my day-to-day partner of 20+ years but am thrilled for him as he begins his next chapter. I can never thank him enough for all he’s done and meant to the company.”
This news comes shortly after the announcement of Waste Connections’ Q1 2018 earnings, which revealed positive acquisition activity and strong revenues.
“We remain well positioned for continuing success in transitioning the president role to Worthing, who also has been associated with the company for more than 20 years, first as our investment banker, then joining us in April 2003. Worthing has served as our CFO since 2004 and has been instrumental in executing our strategic plan and driving tremendous shareholder value creation,” said Mittelstaedt in a statement.
Waste Connections also announced that Mary Anne Whitney, senior vice president of finance, will succeed Jackman as chief financial officer, effective July 1.
“We are also pleased to announce Mary Anne Whitney’s promotion to CFO. Mary Anne has had extensive experience with the company since 2006 in financial and operating analytics, capital deployment, capital markets and shareholder engagement. This experience, together with a very talented accounting, finance, tax and treasury team, should ensure a seamless transition of the CFO role,” said Mittelstaedt in a statement.