Covanta

Affinity Federal Credit Union Welcomes New VP, 2 Directors

Retrieved on: 
Thursday, June 29, 2023

Affinity Federal Credit Union (“Affinity”) announces the addition of Heather Direnzo, Vice President of Contact Center Operations; Michael Oualid, Director of Product Management (CRM); and Odalis Tejada, Director of Infrastructure (Information Technologies).

Key Points: 
  • Affinity Federal Credit Union (“Affinity”) announces the addition of Heather Direnzo, Vice President of Contact Center Operations; Michael Oualid, Director of Product Management (CRM); and Odalis Tejada, Director of Infrastructure (Information Technologies).
  • Direnzo brings over 12 years of management experience in both banking and credit union contact center operations, an integral part of the organization’s operations.
  • Prior to joining Affinity, Direnzo was the Contact Center Director at Consumers Credit Union (Illinois) and held multiple leadership roles oriented around member care.
  • “We are excited to welcome Heather, Michael and Odalis to Affinity’s leadership team,” said Kevin Brauer, President & CEO of Affinity.

Sam Zell 1941 – 2023

Retrieved on: 
Thursday, May 18, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230518005575/en/
    Beloved by family, friends, employees, and colleagues, Sam was an honest, straightforward, inspiring, creative, kind, and brilliant man.
  • Sam is survived by his wife, Helen; his sister Julie Baskes and her husband, Roger Baskes; his sister Leah Zell; his three children, Kellie Zell and son-in-law Scott Peppet, Matthew Zell, and JoAnn Zell; and his nine grandchildren.
  • Sam began his career by managing student housing apartments as an undergraduate at the University of Michigan.
  • Sam infused his entrepreneurial culture and contrarian perspective into EQC, which is led by executives with deep real estate experience.

Bolster Recognized as 2023 Bay Area Best Place to Work by San Francisco Business Times and Silicon Valley Business Journal

Retrieved on: 
Tuesday, May 9, 2023

LOS ALTOS, Calif., May 9, 2023 /PRNewswire/ -- Bolster Inc., the automated digital risk protection company, today that it has been recognized by The San Francisco Business Times and Silicon Valley Business Journal as one of the 2023 Best Places to Work in the Bay Area.

Key Points: 
  • LOS ALTOS, Calif., May 9, 2023 /PRNewswire/ -- Bolster Inc. , the automated digital risk protection company, today that it has been recognized by The San Francisco Business Times and Silicon Valley Business Journal as one of the 2023 Best Places to Work in the Bay Area .
  • The Best Places to Work award honors companies that go above and beyond to foster an enjoyable and meaningful work environment for their employees.
  • Bolster was named the third best company with 25-49 employees in the Bay Area.
  • Being recognized by employees as the third best place to work in the Bay Area is a true testament to the culture we've created.

Covanta Solidifies Position as a Leader in Environmental Services with Milestone Close of Circon Environmental

Retrieved on: 
Monday, May 1, 2023

MORRISTOWN, N.J., May 1, 2023 /PRNewswire/ -- Covanta, a leader in sustainable materials management, announced it has closed today on its acquisition of Circon Environmental ('Circon'), a full-service provider of environmental services based in La Porte, Texas. The acquisition is significant because it not only signals Covanta's decisive growth strategy, but it also brings two sustainability providers in the environmental services industry together to address the most pressing ESG ambitions of current and prospective customers. This marks the eighth acquisition in Covanta's expansion plans following the company's purchase by EQT's Infrastructure fund.

Key Points: 
  • MORRISTOWN, N.J., May 1, 2023 /PRNewswire/ -- Covanta, a leader in sustainable materials management, announced it has closed today on its acquisition of Circon Environmental ('Circon'), a full-service provider of environmental services based in La Porte, Texas.
  • "With the acquisition of Circon, we have rapidly accelerated our path to becoming the premiere leader of sustainable materials management.
  • If you're a municipality or corporation seeking the best value and quality in environmental services, Covanta is the only solution you need."
  • The Circon acquisition puts Covanta at the top of its industry, bringing customers nationwide the end-to-end services to help them to achieve their ambitious ESG goals."

BGL Announces the Sale of Circon to Covanta

Retrieved on: 
Monday, May 1, 2023

CLEVELAND, May 1, 2023 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Circon Holdings, Inc. (Circon), an industry leader in innovative waste management solutions and a portfolio company of Kinderhook Industries, LLC (Kinderhook), to Covanta Holding Corporation (Covanta), a leader in sustainable materials management and a portfolio company of EQT Infrastructure. BGL's Environmental & Industrial Services investment banking team served as lead financial advisor to Circon in the transaction. The specific terms of the transaction were not disclosed.

Key Points: 
  • CLEVELAND, May 1, 2023 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Circon Holdings, Inc. (Circon), an industry leader in innovative waste management solutions and a portfolio company of Kinderhook Industries, LLC (Kinderhook), to Covanta Holding Corporation (Covanta), a leader in sustainable materials management and a portfolio company of EQT Infrastructure.
  • BGL's Environmental & Industrial Services investment banking team served as lead financial advisor to Circon in the transaction.
  • The addition of Circon marks the largest single acquisition for Covanta in two decades, bringing with it more than 600 new employees and 2,500 customers.
  • Circon amplifies Covanta's ability to provide more last-mile sustainability solutions to its blue-chip customer base and transform their waste into value-based materials.

Kinderhook Announces the Sale of Circon Holdings, Inc. to Covanta representing Covanta's Most Transformative Acquisition in Its History

Retrieved on: 
Monday, April 3, 2023

Since 2015, Circon has partnered with multiple entrepreneurs across the industry who helped create a spirited and growth-oriented culture.

Key Points: 
  • Since 2015, Circon has partnered with multiple entrepreneurs across the industry who helped create a spirited and growth-oriented culture.
  • In creating this platform, the transformative rebranding to Circon solidified the mission of the business in the provision of sustainability focused environmental solutions.
  • Over the last eight years, Kinderhook has invested in substantial organic and acquisition focused growth across the Circon platform.
  • "Kinderhook is thrilled with this outcome for Circon, its employees, and our limited partners," said Rob Michalik, Managing Director at Kinderhook.

Covanta to Acquire Circon in The Most Transformative Acquisition in Its History, Significantly Expanding Covanta's Geographic Footprint and Environmental Service Offerings

Retrieved on: 
Monday, April 3, 2023

MORRISTOWN, N.J., April 3, 2023 /PRNewswire/ -- Today, Covanta, a leader in sustainable materials management, announced it has entered into a definitive agreement to acquire Circon Holdings, Inc. ("Circon") a portfolio company of Kinderhook Industries ("Kinderhook"), putting into motion the company's most transformative acquisition in its history. The addition of Circon, which is subject to customary regulatory approvals, marks the largest single acquisition for Covanta in two decades, bringing with it more than 600 new employees and 2,500 customers. It is the company's eighth acquisition following its purchase by EQT Infrastructure. It further demonstrates Covanta's commitment to providing carbon negative solutions to its customers.

Key Points: 
  • Headquartered in La Porte, Texas, Circon is a full-service provider of environmental services with a customer base across more than 20 waste facilities in the Midwest, Southeast and Gulf Coast.
  • This acquisition is noteworthy for Covanta due to Circon's geographic reach over multiple regions of the country and its suite of circularity offerings in wastewater treatment, and non-hazardous and hazardous waste management.
  • Circon amplifies Covanta's ability to provide more last-mile sustainability solutions to its blue-chip customer base and transform their waste into value-based materials.
  • Together we'll continue to transform Covanta into the very best service provider for our customers' unique environmental challenges and ESG goals."

Bolster Appoints Key Customer Success and People Executives as Customer Adoption Grows Over 200% in 12 Months

Retrieved on: 
Tuesday, March 28, 2023

LOS ALTOS, Calif., March 28, 2023 /PRNewswire/ -- Bolster Inc., the automated digital risk protection company, today announced two key executive hires to support significant customer adoption and company growth. Jack Marshall joins as Vice President of Customer Success and will be responsible for supporting the company's accelerated rate of customer growth. Cleo Valeroso joins as Vice President of People and will be responsible for an aggressive hiring strategy and continuing Bolster's important cultural initiatives.

Key Points: 
  • Jack Marshall joins as Vice President of Customer Success and will be responsible for supporting the company's accelerated rate of customer growth.
  • "I'm so pleased to welcome Jack and Cleo to our team," stated Abhishek Dubey, co-founder and CEO of Bolster.
  • Customer success and culture have always been top priorities for Bolster and I'm thrilled to have two industry leaders join our team to continue our mission.
  • "Throughout my career, I've had the great fortune of developing robust customer success organizations for fast growing companies," stated Marshall.

WASTE-TO-ENERGY ASSOCIATION RE-ENERGIZED TO ADVOCATE FOR AND PROMOTE THE BENEFITS OF SUSTAINABLE MATERIALS MANAGEMENT

Retrieved on: 
Tuesday, January 31, 2023

The WTE sector employs more than 6,000 essential workers, resulting in a direct economic impact of approximately $400 million.

Key Points: 
  • The WTE sector employs more than 6,000 essential workers, resulting in a direct economic impact of approximately $400 million.
  • "Waste–to–energy is leading the waste sector into the future of sustainable materials management.
  • The U.S. Environmental Protection Agency and European Union recognize waste-to-energy as a preferred method for sustainable waste management.
  • The waste-to-energy method is one of the ways Onondaga County, New York achieves sustainable solid waste management.

Covanta Announces Appointment of Marketing and Merchandising Veteran Sue Klug to its Board of Directors

Retrieved on: 
Tuesday, January 24, 2023

MORRISTOWN, N.J., Jan. 24, 2023 /PRNewswire/ -- Covanta, a leader in sustainable materials management and a premier provider of environmental solutions benefiting businesses and communities, announced Sue Klug has joined its Board of Directors.

Key Points: 
  • MORRISTOWN, N.J., Jan. 24, 2023 /PRNewswire/ -- Covanta, a leader in sustainable materials management and a premier provider of environmental solutions benefiting businesses and communities, announced Sue Klug has joined its Board of Directors.
  • "Sue Klug transforms companies with her innovative marketing strategies tied to critical business outcomes, her expertise in deepening customer loyalty, and her focus on improving the bottom line.
  • "We're thrilled to welcome Sue Klug to the Covanta Board of Directors.
  • Sue has served on a number of boards, including regional and international food industry and marketing companies.