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Clean Harbors Adds Michael Battles and Eric Gerstenberg to its Board of Directors; Expands Board to 13 Members

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Clean Harbors, Inc. (NYSE: CLH) has expanded its Board of Directors to 13 members by appointing Co-Chief Executive Officers Michael Battles and Eric Gerstenberg as Class III directors, effective immediately. This move comes after their successful leadership as co-CEOs for the past year and a half, during which the company has made significant progress in executing its Vision 2027 growth strategy.

Eric Gerstenberg, 56, has been with Clean Harbors since 1989, most recently serving as Chief Operating Officer since 2015. Michael Battles, 56, joined the company in 2013 as Chief Accounting Officer and was promoted to CFO in 2016 before becoming Co-CEO in 2023. Both executives bring extensive experience in operations, finance, and strategic leadership to the board.

Clean Harbors, Inc. (NYSE: CLH) ha espanso il suo Consiglio di Amministrazione a 13 membri nominando i Co-Amministratori Delegati Michael Battles ed Eric Gerstenberg come direttori di Classe III, con effetto immediato. Questa decisione arriva dopo la loro leadership di successo come co-CEOs nell'ultimo anno e mezzo, durante il quale l'azienda ha compiuto progressi significativi nell'attuazione della sua strategia di crescita Vision 2027.

Eric Gerstenberg, 56 anni, è con Clean Harbors dal 1989, dove ha ricoperto l'ultimo incarico di Chief Operating Officer dal 2015. Michael Battles, 56 anni, è entrato a far parte dell'azienda nel 2013 come Chief Accounting Officer ed è stato promosso a CFO nel 2016 prima di diventare Co-CEO nel 2023. Entrambi i dirigenti portano una vasta esperienza in operazioni, finanza e leadership strategica nel consiglio.

Clean Harbors, Inc. (NYSE: CLH) ha ampliado su Junta Directiva a 13 miembros designando a los Co-Directores Ejecutivos Michael Battles y Eric Gerstenberg como directores de Clase III, con efecto inmediato. Este movimiento se produce tras su exitosa gestión como co-CEOs durante el último año y medio, durante el cual la compañía ha logrado avances significativos en la ejecución de su estrategia de crecimiento Visión 2027.

Eric Gerstenberg, de 56 años, ha estado con Clean Harbors desde 1989, desempeñándose más recientemente como Director de Operaciones desde 2015. Michael Battles, de 56 años, se unió a la empresa en 2013 como Director de Contabilidad y fue ascendido a CFO en 2016 antes de convertirse en Co-CEO en 2023. Ambos ejecutivos aportan una amplia experiencia en operaciones, finanzas y liderazgo estratégico a la junta.

Clean Harbors, Inc. (NYSE: CLH)는 이사회를 13명으로 확대했습니다, Co-CEO 마이클 배틀스와 에릭 거스텐버그를 3등급 이사로 임명했습니다. 이는 즉시 시행됩니다. 이 조치는 지난 1년 반 동안의 성공적인 공동 CEO 리더십 이후 이루어졌으며, 이 기간 동안 회사는 비전 2027 성장 전략을 실행하는 데 중요한 성과를 달성했습니다.

에릭 거스텐버그(56세)는 1989년부터 Clean Harbors와 함께해왔으며, 2015년부터 최근까지 COO를 역임했습니다. 마이클 배틀스(56세)는 2013년 회사에 Chief Accounting Officer로 합류했으며, 2016년 CFO로 승진한 뒤 2023년 Co-CEO가 되었습니다. 두 임원은 이사회에 운영, 재무 및 전략적 리더십에 대한 광범위한 경험을 제공합니다.

Clean Harbors, Inc. (NYSE: CLH) a élargi son Conseil d'Administration à 13 membres en nommant les Co-Directeurs Généraux Michael Battles et Eric Gerstenberg en tant que directeurs de Classe III, avec effet immédiat. Cette décision fait suite à leur direction réussie en tant que co-CEOs au cours de l'année et demie précédente, période durant laquelle l'entreprise a réalisé des progrès significatifs dans l'exécution de sa stratégie de croissance Vision 2027.

Eric Gerstenberg, 56 ans, est avec Clean Harbors depuis 1989, ayant occupé le poste de Chief Operating Officer depuis 2015. Michael Battles, également 56 ans, a rejoint l'entreprise en 2013 en tant que Chief Accounting Officer et a été promu CFO en 2016 avant de devenir Co-CEO en 2023. Les deux dirigeants apportent une vaste expérience dans les opérations, les finances et le leadership stratégique au conseil d'administration.

Clean Harbors, Inc. (NYSE: CLH) hat seinen Vorstand auf 13 Mitglieder erweitert, indem die Co-CEO Michael Battles und Eric Gerstenberg mit sofortiger Wirkung zu Klassen-III-Direktoren ernannt wurden. Dieser Schritt folgt auf ihre erfolgreiche Leitung als Co-CEOs im vergangenen Jahr und einem halben Jahr, in dem das Unternehmen bedeutende Fortschritte bei der Umsetzung seiner Wachstumsstrategie Vision 2027 gemacht hat.

Eric Gerstenberg, 56 Jahre alt, ist seit 1989 bei Clean Harbors und war zuletzt seit 2015 als Chief Operating Officer tätig. Michael Battles, ebenfalls 56 Jahre alt, trat 2013 als Chief Accounting Officer in das Unternehmen ein und wurde 2016 zum CFO befördert, bevor er 2023 Co-CEO wurde. Beide Führungskräfte bringen umfassende Erfahrungen in den Bereichen Betrieb, Finanzen und strategische Führung in den Vorstand ein.

Positive
  • Expansion of the Board of Directors to 13 members, potentially bringing more diverse perspectives
  • Appointment of experienced internal executives to the board, ensuring deep understanding of the company's operations
  • Successful execution of Vision 2027 growth strategy under current co-CEO leadership
Negative
  • None.

NORWELL, Mass.--(BUSINESS WIRE)-- Clean Harbors, Inc. (“Clean Harbors” or “the Company”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced that Co-Chief Executive Officers Michael Battles and Eric Gerstenberg have joined the Company’s Board of Directors, effective immediately.

“Eric and Mike are talented, proven executives with lengthy track records of valuable contributions to Clean Harbors,” said Alan S. McKim, the Company’s Founder, Executive Chairman and Chief Technology Officer. “The first year and a half under their leadership as co-CEOs has been an incredibly successful period for the Company, its employees and its shareholders as we execute our Vision 2027 growth strategy. Their collective insights in the areas of operations, finance, sales and capital allocation further strengthens our Board.”

The Company’s board was expanded to 13 members in conjunction with these appointments. Mr. Gerstenberg and Mr. Battles will both serve as Class III directors.

Gerstenberg, 56, joined Clean Harbors in 1989 and during the past thirty years he has held a variety of positions of increasing responsibility throughout the organization. Prior to being named Co-Chief Executive Officer, he was the Company’s Chief Operating Officer – a position he has held since 2015 – where he had responsibility for the environmental sales and service organization, all of its facilities including incinerators and re-refineries, and oversaw the majority of its workforce. Gerstenberg completed the Advanced Management Program (AMP) at Harvard Business School, and received his Bachelor of Science degree in Engineering from Syracuse University.

Battles, 56, joined Clean Harbors in 2013 as Chief Accounting Officer after a long career in public accounting at Deloitte & Touche, and as a finance leader at PerkinElmer, Inc. He was elevated to Chief Financial Officer in 2016 and became Co-Chief Executive Officer in 2023. During his tenure as the Company’s CFO he oversaw the entire finance organization, including multiple debt raises and refinancings, as well as taking on some strategic and operational oversight. He is also a member of the Board of Directors of Casella Waste Systems Inc. (Nasdaq: CWST). Battles holds a BS in Business Administration from the University of Vermont and is a certified public accountant. He also has a Certificate in Cybersecurity Oversight issued by the National Association of Corporate Directors and Carnegie Mellon University.

About Clean Harbors

Clean Harbors (NYSE: CLH) is North America’s leading provider of environmental and industrial services. The Company serves a diverse customer base, including a majority of Fortune 500 companies. Its customer base spans a number of industries, including chemical, energy and manufacturing, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is North America’s largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers. Founded in 1980 and based in Massachusetts, Clean Harbors operates in the United States, Canada, Mexico, Puerto Rico and India. 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. These forward-looking statements are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans to,” “seeks,” “should,” “estimates,” “projects,” “may,” “likely,” “potential” or similar expressions. Such statements may include, but are not limited to, statements that are not historical facts. Such statements are based upon the beliefs and expectations of Clean Harbors’ management as of this date only and are subject to certain risks and uncertainties that could cause actual results to differ materially, including, without limitation, those items identified as “Risk Factors” in Clean Harbors’ most recently filed reports on Form 10-K and Form 10-Q. Forward-looking statements are neither historical facts nor assurances of future performance. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. Clean Harbors undertakes no obligation to revise or publicly release the results of any revision to these forward-looking statements other than through its filings with the Securities and Exchange Commission, which may be viewed in the “Investors” section of Clean Harbors’ website at www.cleanharbors.com.

Eric J. Dugas

EVP and Chief Financial Officer

Clean Harbors, Inc.

781.792.5100

InvestorRelations@cleanharbors.com

Jim Buckley

SVP Investor Relations

Clean Harbors, Inc.

781.792.5100

Buckley.James@cleanharbors.com

Source: Clean Harbors, Inc.

FAQ

Who are the new board members appointed to Clean Harbors (CLH)?

Clean Harbors (CLH) has appointed Co-Chief Executive Officers Michael Battles and Eric Gerstenberg to its Board of Directors, effective immediately.

How many members are now on Clean Harbors' (CLH) Board of Directors?

With the new appointments, Clean Harbors (CLH) has expanded its Board of Directors to 13 members.

What positions did Michael Battles hold before becoming Co-CEO at Clean Harbors (CLH)?

Michael Battles joined Clean Harbors (CLH) in 2013 as Chief Accounting Officer, was promoted to Chief Financial Officer in 2016, and became Co-Chief Executive Officer in 2023.

How long has Eric Gerstenberg been with Clean Harbors (CLH)?

Eric Gerstenberg has been with Clean Harbors (CLH) since 1989, serving in various roles of increasing responsibility over the past thirty years.

Clean Harbors, Inc

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