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Enviri Corporation Announces Gary Lada as President of Harsco Rail

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Enviri (NYSE: NVRI) has appointed Gary Lada as the new president of its Harsco Rail division, effective May 5, 2025. Lada will succeed Claus Heuschmid, who will depart on June 1, 2025. Lada brings significant rail industry experience from GE Transportation and recently led global businesses at Ingersoll Rand.

The leadership transition includes recent appointments of Barry Learner as CFO and Mike Lafferty as VP of Operations. These strategic changes align with Harsco Rail's focus on capturing profitable growth opportunities and generating above-cost-of-capital returns.

Enviri (NYSE: NVRI) ha nominato Gary Lada nuovo presidente della divisione Harsco Rail, a partire dal 5 maggio 2025. Lada succederà a Claus Heuschmid, che lascerà l'incarico il 1° giugno 2025. Lada vanta una significativa esperienza nel settore ferroviario, maturata in GE Transportation, e ha recentemente guidato le attività globali di Ingersoll Rand.

La transizione nella leadership comprende anche le recenti nomine di Barry Learner come CFO e di Mike Lafferty come vicepresidente delle operazioni. Questi cambiamenti strategici sono in linea con l'obiettivo di Harsco Rail di cogliere opportunità di crescita redditizia e di generare rendimenti superiori al costo del capitale.

Enviri (NYSE: NVRI) ha nombrado a Gary Lada como nuevo presidente de su división Harsco Rail, con efecto a partir del 5 de mayo de 2025. Lada reemplazará a Claus Heuschmid, quien dejará el cargo el 1 de junio de 2025. Lada aporta una amplia experiencia en la industria ferroviaria, adquirida en GE Transportation, y recientemente dirigió negocios globales en Ingersoll Rand.

La transición en el liderazgo incluye también los recientes nombramientos de Barry Learner como director financiero (CFO) y Mike Lafferty como vicepresidente de operaciones. Estos cambios estratégicos están alineados con el enfoque de Harsco Rail en aprovechar oportunidades de crecimiento rentable y generar rendimientos por encima del costo de capital.

Enviri (NYSE: NVRI)는 2025년 5월 5일부로 Harsco Rail 부문의 신임 사장으로 Gary Lada를 임명했습니다. Lada는 2025년 6월 1일에 퇴임하는 Claus Heuschmid의 후임입니다. Lada는 GE Transportation에서 쌓은 풍부한 철도 산업 경험을 보유하고 있으며 최근에는 Ingersoll Rand의 글로벌 사업을 이끌었습니다.

이번 리더십 교체에는 Barry Learner의 CFO 임명과 Mike Lafferty의 운영 부사장 임명도 포함되어 있습니다. 이러한 전략적 변화는 Harsco Rail이 수익성 있는 성장 기회를 포착하고 자본 비용을 초과하는 수익을 창출하는 데 중점을 두고 있음을 반영합니다.

Enviri (NYSE : NVRI) a nommé Gary Lada nouveau président de sa division Harsco Rail, à compter du 5 mai 2025. Lada succédera à Claus Heuschmid, qui quittera ses fonctions le 1er juin 2025. Lada apporte une solide expérience dans l'industrie ferroviaire, acquise chez GE Transportation, et a récemment dirigé des activités mondiales chez Ingersoll Rand.

Cette transition de leadership comprend également les récentes nominations de Barry Learner au poste de directeur financier (CFO) et de Mike Lafferty au poste de vice-président des opérations. Ces changements stratégiques s’inscrivent dans la volonté de Harsco Rail de saisir des opportunités de croissance rentable et de générer des rendements supérieurs au coût du capital.

Enviri (NYSE: NVRI) hat Gary Lada zum neuen Präsidenten seiner Harsco Rail-Division ernannt, mit Wirkung zum 5. Mai 2025. Lada wird Claus Heuschmid nachfolgen, der am 1. Juni 2025 ausscheiden wird. Lada bringt umfangreiche Erfahrung aus der Eisenbahnbranche mit, die er bei GE Transportation gesammelt hat, und leitete zuletzt globale Geschäfte bei Ingersoll Rand.

Der Führungswechsel umfasst auch die kürzlichen Ernennungen von Barry Learner zum CFO und Mike Lafferty zum VP Operations. Diese strategischen Veränderungen stehen im Einklang mit Harsco Rails Fokus auf die Erschließung profitabler Wachstumschancen und die Erzielung von Renditen oberhalb der Kapitalkosten.

Positive
  • Strategic leadership restructuring with experienced rail industry executive
  • Strengthened management team with new CFO and VP of Operations appointments
  • Focus on improving profitability and returns above cost of capital
Negative
  • None.

COLUMBIA, S.C., April 21, 2025 (GLOBE NEWSWIRE) -- Harsco Rail, a division of Enviri Corporation (NYSE: NVRI), today announced Gary Lada as its new president of Harsco Rail, effective May 5, 2025. Lada will replace Claus Heuschmid, who will leave the organization effective June 1, 2025.

“Gary's extensive experience in the Rail industry and his proven track record of operational excellence make him the ideal leader to drive our division forward,” said Enviri CEO Nick Grasberger. “His leadership will be instrumental as we continue to focus on delivering exceptional value to our customers."

Lada will be an Enviri Executive Leadership team member and report directly to Grasberger. Lada brings extensive rail industry experience from his tenure at GE Transportation (now Wabtec), where he held key roles focused on operational excellence. Most recently, Gary led both the global Milton Roy and Air & Gas Solutions businesses at Ingersoll Rand over the last 8 years.

Lada holds a Bachelor of Science degree in Mechanical Engineering from Penn State University and will be based in Columbia, South Carolina, with the other members of the Harsco Rail leadership team.

Regarding the departure of Heuschmid, Grasberger added, “Claus has been a valued member of the Enviri leadership team and has made significant contributions to Harsco Rail. The company thanks Claus for his dedicated service and leadership and wishes him the best in his future endeavors.”

Additionally, Harsco Rail has recently strengthened its leadership team by hiring an accomplished chief financial officer, Barry Learner, and vice president of operations, Mike Lafferty. These leadership changes are a key part of the company's strategy to position Harsco Rail to capture profitable growth opportunities and generate returns above its cost of capital.

About Enviri
Enviri is transforming the world to green, as a trusted global leader in providing a broad range of environmental services and related innovative solutions. The company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their most complex environmental challenges and to achieve their sustainability goals. Enviri is based in Philadelphia, Pennsylvania and operates in more than 150 locations in over 30 countries. Additional information can be found at www.enviri.com.

About Harsco Rail
Harsco Rail, a worldwide division of Enviri Corporation, is a technological and innovative global supplier of railway track Maintenance of Way and services with over 100 years of operations. Harsco Rail provides expert engineering, vehicles and equipment, innovative technology, safety technology, dedicated parts and services, contracting services, and quality maintenance from nine main locations in the United States, the United Kingdom, Germany, India, Brazil, China, and Australia. Additional information can be found at www.harscorail.com.

Investor Contact
David Martin
+1.267.946.1407
dmartin@enviri.com
Media Contact
Karen Tognarelli
+1.717.480.6145
ktognarelli@enviri.com 
  

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/64eb2ac0-2af8-4a8d-9b0b-8577e044df48


FAQ

When will Gary Lada start as Harsco Rail's new president at NVRI?

Gary Lada will assume the role of Harsco Rail president on May 5, 2025.

What is Gary Lada's professional background before joining NVRI's Harsco Rail?

Lada has extensive rail industry experience from GE Transportation and recently led Milton Roy and Air & Gas Solutions businesses at Ingersoll Rand for 8 years.

What recent leadership changes has NVRI's Harsco Rail division made?

Besides appointing Gary Lada as president, Harsco Rail hired Barry Learner as CFO and Mike Lafferty as VP of Operations.

What is the strategic goal behind NVRI's leadership changes at Harsco Rail?

The leadership changes aim to capture profitable growth opportunities and generate returns above the cost of capital.
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