Advanced Disposal Services Inc. has named the new management team to direct the company when the purchase of Veolia ES Solid Waste Inc. by Advanced owner Highstar Capital is complete.
The Jacksonville, Fla.-based Advanced Disposal said in a news release that it expects the deal to close in the fall. The other Highstar solid waste operation, Interstate Waste Services Inc. of Basking Ridge, N.J., was consolidated in July.
The primary new team is: Wally Hall, chief operating officer; Richard Burke, president; and Steven Carn, chief financial officer.
Hall has been chief operating officer of Advanced Disposal. Burke has been CEO of Chicago-based Veolia Environmental Services North America Corp. (VESNA). Carn has been responsible for all aspects of finance with Advanced Disposal.
“We have worked diligently since the announcement of our agreement to acquire Veolia to plan for the effective combination and integration of three great companies – Veolia, Interstate and Advanced Disposal,” said Charlie Appleby, chairman and CEO of Advanced Disposal. “The key drivers of success in any business are its people.”
VESNA agreed in July to sell its U.S. solid waste operations to the New York-based investment firm Highstar Capital for $1.91 billion, creating the largest privately held waste and recycling business in the United States.