Clean Harbors Appoints New Board Member
September 22 2006 - 8:30AM
Business Wire
Clean Harbors, Inc. (NASDAQ:CLHB), the leading provider of
environmental and hazardous waste management services throughout
North America, today announced the appointment of Dr. Gene Banucci
to the Company's nine-member Board of Directors. Dr. Banucci is the
Chairman and Founder of ATMI, Inc., a supplier of specialty
materials to the worldwide semiconductor industry. Alan S. McKim,
Chairman and Chief Executive Officer of Clean Harbors, said, "We
are delighted to welcome to our board, a leader and innovator with
the breadth of experience of Dr. Banucci. Gene's experience in
materials and materials handling and his successful record as an
accomplished business executive, makes him ideally suited to help
guide Clean Harbors." Dr. Banucci said, "As a recognized leader
within its markets, Clean Harbors is an outstanding company that I
believe is uniquely positioned for further growth. I am pleased to
participate in the next phase of the Company's development as the
preeminent environmental services company." Prior to starting ATMI,
Gene served as Vice President for American Cyanamid's Chemical
Research Division, where he directed new product research and
development. Previously, he was with General Electric Company for
more than 10 years in a variety of management positions at the
Corporate R&D Center and GE Plastics. Gene is a founding member
of the Connecticut Technology Council, a member of the Board of the
Program on Innovation and Technology of the National Research
Council, a member of the Board of Directors of Zygo, Inc., SemEquip
Inc., Primet, and a member of the Board of Trustees of Beloit
College. He received his Ph.D in Organic Chemistry from Wayne State
University, and his BA in Chemistry from Beloit College. Gene holds
22 issued U.S. patents and is the author of numerous published
articles. About Clean Harbors, Inc. Clean Harbors, Inc. is North
America's leading provider of environmental and hazardous waste
management services. With an unmatched infrastructure of 50 waste
management facilities, including nine landfills, six incineration
locations and seven wastewater treatment centers, the Company
provides essential services to over 45,000 customers, including
more than 175 Fortune 500 companies, thousands of smaller private
entities and numerous federal, state and local governmental
agencies. Headquartered in Norwell, Massachusetts, Clean Harbors
has more than 100 locations strategically positioned throughout
North America in 37 U.S. states, six Canadian provinces, Mexico and
Puerto Rico. For more information, visit www.cleanharbors.com. Safe
Harbor Statement Any statements contained herein that are not
historical facts are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, and
involve risks and uncertainties. These forward-looking statements
are generally identifiable by use of the words "believes,"
"expects," "intends," "anticipates," "plans to," "estimates,"
"projects," or similar expressions. These forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those
reflected in these forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which reflect management's opinions only as of the date
hereof. The Company undertakes no obligation to revise or publicly
release the results of any revision to these forward-looking
statements other than through its various filings with the
Securities and Exchange Commission. A variety of factors beyond the
control of the Company may affect the Company's performance,
including, but not limited to: -- The Company's ability to
successfully integrate Teris' operations and assets into its
existing network of services and disposal facilities; -- The
Company's ability to manage the significant environmental
liabilities which it assumed in connection with the CSD
acquisition; -- The availability and costs of liability insurance
and financial assurance required by governmental entities relating
to our facilities; -- The effects of general economic conditions in
the United States, Canada and other territories and countries where
the Company does business; -- The effect of economic forces and
competition in specific marketplaces where the Company competes; --
The possible impact of new regulations or laws pertaining to all
activities of the Company's operations; -- The outcome of
litigation or threatened litigation or regulatory actions; -- The
effect of commodity pricing on overall revenues and profitability;
-- Possible fluctuations in quarterly or annual results or adverse
impacts on the Company's results caused by the adoption of new
accounting standards or interpretations or regulatory rules and
regulations; -- The effect of weather conditions or other aspects
of the forces of nature on field or facility operations; -- The
effects of industry trends in the environmental services and waste
handling marketplace; and -- The effects of conditions in the
financial services industry on the availability of capital and
financing. Any of the above factors and numerous others not listed
nor foreseen may adversely impact the Company's financial
performance. Additional information on the potential factors that
could affect the Company's actual results of operations is included
in its filings with the Securities and Exchange Commission, which
may be viewed on the Investor portal of the Company's Web Page at
www.cleanharbors.com.
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