Clean Harbors, Inc. has announced the addition of co-chief executive officers Michael Battles and Eric Gerstenberg to its board of directors, expanding the board to 13 members. Both Battles and Gerstenberg will serve as class III directors. Gerstenberg, who has been with Clean Harbors since 1989, previously held the position of chief operating officer and has completed the Advanced Management Program at Harvard Business School. On the other hand, Battles joined Clean Harbors in 2013 as chief accounting officer and later became the chief financial officer in 2016 before being appointed as co-chief executive officer in 2023.
Clean Harbors is known as the leading provider of environmental and industrial services in North America, serving a diverse customer base including a majority of Fortune 500 companies. The company's services range from hazardous waste management and emergency spill response to industrial cleaning, maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors is also the largest re-refiner and recycler of used oil in North America.
It's important to note that Clean Harbors operates in the United States, Canada, Mexico, Puerto Rico, and India, and has been executing its Vision 2027 growth strategy under the leadership of Battles and Gerstenberg. The market has reacted to these announcements by moving the company's shares -4.0% to a price of $236.13. For more information, read the company's full 8-K submission here.
