Clean Harbors Appoints Simon Gerlin Senior Vice President of Finance
July 11 2008 - 8:30AM
Business Wire
Clean Harbors, Inc. (�Clean Harbors�) (NASDAQ: CLHB), the leading
provider of environmental and hazardous waste management services
throughout North America, today announced the Company has named
Simon R. Gerlin, 50, to the newly created position of Senior Vice
President of Finance, effective immediately. Gerlin will report to
Clean Harbors� Chief Financial Officer, James M. Rutledge. Gerlin
will oversee all of the Company�s controllership functions,
including the corporate controller function and the business unit
controller functions. Additionally, Gerlin will play a key role in
the Company�s internal audit function going forward. �We are
excited that someone of Simon�s caliber has joined our finance
team,� said James M. Rutledge, Executive Vice President and Chief
Financial Officer. �As a former partner at PwC, Gerlin�s extensive
experience will strengthen Clean Harbors� overall accounting and
finance organization, and help shape our audit infrastructure.
Realizing these two objectives is essential for Clean Harbors as we
pursue our goal of exceeding a billion dollars in annual revenue.�
Prior to joining Clean Harbors, Gerlin worked at
PricewaterhouseCoopers for nearly 17 years, where he held positions
of increasing responsibility, culminating in his appointment as
Audit Partner in 1999. While at PwC, Gerlin worked with many of the
firm�s key clients in multiple industries to conduct their
financial audits and oversee other financial and strategic
initiatives. Gerlin launched his career in the advertising field,
serving as an account executive with premier New York-based
agencies, including Young & Rubicam, BBDO, and NW Ayer. Gerlin
received a Bachelor of Arts degree from Middlebury College and a
Master of Business Administration from Harvard University Graduate
School of Business. About Clean Harbors Clean Harbors is North
America's leading provider of environmental and hazardous waste
management services. With an unmatched infrastructure of waste
management facilities, Clean Harbors serves over 45,000 customers,
including more than 325 Fortune 500 companies, thousands of smaller
private entities and numerous federal, state and local governmental
agencies. Clean Harbors� Technical Services provides a broad range
of hazardous material management and disposal services including
hazardous and non-hazardous waste recycling, treatment and
disposal, CleanPack� laboratory chemical packing, and household
hazardous waste management services. Clean Harbors� Site Services
provides field services, industrial services, vacuum services,
emergency response and disaster recovery, transformer services,
tank cleaning and decontamination. Headquartered in Norwell,
Massachusetts, Clean Harbors has more than 100 locations
strategically positioned throughout North America in 36 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.
Furthermore, all financial information in this press release is
based on preliminary data and is subject to the final closing of
the Company�s books and records. 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 manage the
significant environmental liabilities that it assumed in connection
with the CSD and other acquisitions; 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 www.cleanharbors.com/investor_relations.
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