BNET Industries
Market Cap:$2.4B
Last Fiscal Year Sales:$1.0B
- Public
- US
Dow Jones Description
Waste Connections is an integrated solid waste services company that provides solid waste collection, transfer, disposal and recycling services in mostly secondary markets in the Western and Southern U.S. The Company serves more than one million residential, commercial and industrial customers from a network of operations in 23 states. We also provide intermodal services for the movement of containers in the Pacific Northwest. Our corporate strategy targets secondary and suburban markets that have strong demographic growth trends and where competitive barriers to entry can be developed. We seek to avoid highly competitive, large urban markets and target markets where we can provide either non-integrated or integrated solid waste services under exclusive arrangements, or markets where we can be integrated and attain high market share. We are a leading provider of solid waste services in most of our markets, and approximately 50% of our revenues are derived from market areas where we have franchise or exclusive rights to provide our waste services. We believe the solid waste service business is a local business managed by professionals living and working in the communities we serve. We strive to provide service excellence for those communities that place their trust in our company and are always dedicated to putting our customers first. We look to technology and growth to help our customers, employees and shareholders "Connect with the Future". As a public company we have...
Chief Executive Officer
Ronald J. MittelstaedtNumber of Employees 5,379
Contact Information
35 Iron Point Cir Ste 200
Folsom, California 95630
(916) 608-8200
Peer Companies
NAICS Code Other Nonhazardous Waste Treatment and Disposal: 562219
Recent Events
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County to consider operating its own solid waste transfer station
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Waste Connections Inc. Has Risen Above Today's Range
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Waste Connections to Report Third Quarter on Oct. 26
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CARB issues fines for diesel emissions violations
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El Dorado County accused of breaching trash-hauling contract
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Waste Connections Buys Large Private Hauler in Eugene, OR
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Veolia ES Solid Waste adds Kentucky routes
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Waste Connections' Revenue, Net Income Up in Second Quarter
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Waste Connections Q2 profit beats estimates
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Waste Connections, Inc.: Waste Connections Reports Second Quarter 2009 Results
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Judge: El Paso Disposal used unfair practices
News & Analysis
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waste connections inc. - All News and Analysis
Waste Connections, Inc. Q2 2009 Earnings Call Transcript
Waste Connections, Inc. WCN Q2 2009 Earnings Call July 22, 2009 8:30 am ET
Waste Connections, Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you very much. Operator Instructions. And your first question comes from the line of Michael Hoffman of WSI. Please proceed. Michael E. Hoffman – Wunderlich Securities, Inc. Hi. Good morning and congratulations on a terrific quarter. As you think through the results run that guidance, free...
Waste Connections Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from the line of Michael Hoffman – WSI. Michael Hoffman – Wunderlich Securities Congratulations on a terrific free cash flow number. If we could talk about your purchasing power that you have remaining that is the...
Waste Connections, Inc Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of David Feinberg from Goldman Sachs. David Feinberg - Goldman Sachs Good morning, everyone. Ron Mittelstaedt Good morning. David Feinberg - Goldman Sachs If I heard the guidance correctly, I think you are looking for 5% volume declines...
Waste Connections Inc. Q3 2008 Earnings Conference Call Transcript
Question-and-Answer SessionThank you, Sir. [Operator Instructions]. You first question comes from the line of Scott Levine with Waste Connections [ph]. Please proceed. Ronald J. Mittelstaedt - Chairman and Chief Executive Officer Welcome to the company. Worthing F. Jackman - Executive Vice President and Chief Financial Officer Welcome to the...
Waste Connections: Not Such a Dirty Job
Zachary Scheidt submits: Across the nation in nearly every sector of the market, firms are de-leveraging their balance sheet to provide investors with less risk. Waste Connections, Inc. WCN is no exception as the company priced an 11 million share offering last week to raise additional capital. According...
Weekly Insider Buying/Selling Wrap and Economic Reports Preview
For all the analysts and pundits in the financial media, there is still no better judge of a company's health and future prospects than the owners and executives of those companies themselves, along with major institutional shareholders. That's why insider buying and selling is a critical piece of data...
Stocks At or Near 52-Week Highs
Hickey and Walters Bespoke submit: Below we highlight stocks in the S&P 1500 that are closest to their 52-week highs. As shown, Covance CVD is the closest, followed by WCN, ADPT, PRXL and HBHC. Key names on the list include AMGN, GIS, BAX, HNZ, JNJ, and QCOM. In...
Waste Connections, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer Session[Operator Instructions]. And your first question comes from the line of Scott Levine of JPMorgan. Please proceed. Scott Levine - JPMorgan Chase & Co. Good morning, guys. Worthing F. Jackman - Executive Vice President and Chief Financial Officer Hi, good morning Scott. Scott Levine - JPMorgan Chase &...
Waste Connections, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionThank you. [Operator Instructions] And your first question comes from line of Jagdeep Ghuman with Credit Suisse. Please proceed. Jagdeep Ghuman – Credit Suisse Good morning. Ronald J. Mittelstaedt – Chairman of the Board, Chief Executive Officer Hey, Good morning, Jag. Jagdeep Ghuman – Credit Suisse Couple of...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Ronald J. Mittelstaedt | Chief Executive Officer |
| Steven F. Bouck | President |
| Darrell W. Chambliss | Chief Operating Officer |
| Eric Hansen | Chief Information Officer |
| David M. Hall | Senior Vice President, Sale and Marketing |
| Eric M. Merrill | Senior Vice President |
| James Little | Senior Vice President, Engineering & Disposal |
| Kenneth L. Rose | Senior Vice President, Admin |
| Kenneth O. Rose | Senior Vice President, Administration |
| David G. Eddie | Vice President Corporate Controller |
| Eugene V. Dupreau | Vice President Western Region |
| Irving Schreiber Scott | Vice President |
| James Shea Patrick | Vice President, General Counsel & Secretary |
| Jerri L. Hunt | Vice President, Human Resources |
| Keith Wojahn Richard | Vice President |
| Patrick J Shea | General Counsel, Secretary & Vice President |
| Rick Wojahn | Vice President, Business Dev |
| Scott I. Schreiber | Vice President, Disposal Operations |
| Frank Cutler | Co-Founder |
| James N Cutler Jr | Co-Founder |
| John Hafner | Business Dev Manager |
| Edward Guillet | Consultant |
| Michael W. Harlan | Committee Member |
| Robert H. Davis | Consultant |
| Robert J. Shea | General Counsel & Secretary |
| Robert Evans | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| William J. Razzouk | Board of Directors |
Ronald J. Mittelstaedt has been Chief Executive Officer and a director of Waste Connections since the company was formed, and was elected Chairman in January 1998. Mr. Mittelstaedt also served as President from Waste Connections’ formation through August 2004. Mr. Mittelstaedt has more than 21 years of experience in the solid waste industry. He holds a B.S. degree in Business Economics with a finance emphasis from the University of California at Santa Barbara.
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Chief Executive Officer | Current |
| Waste Connections, Inc. | Chairman | Current |
| Waste Connections, Inc. | President | Former |
| Waste Connections, Inc. | Director | Former |
| University of California, Santa Barbara | B.S. Degree In Finance | Former |
Steven F. Bouck has been President of Waste Connections since September 1, 2004. From February 1998 to that date, Mr. Bouck served as Executive Vice President and Chief Financial Officer. Mr. Bouck held various positions with First Analysis Corporation from 1986 to 1998, focusing on financial services to the environmental industry. He holds B.S. and M.S. degrees in Mechanical Engineering from Rensselaer Polytechnic Institute and an M.B.A. in Finance from the Wharton School.
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | President | Current |
| First Analysis | Former | |
| Wharton Graduate School of the University of Pennsylvania | M.B.A. in Finance | Former |
| Rensselaer Polytechnic Institute | M.S. Degrees In Mechanical Engineering | Former |
| Rensselaer Polytechnic Institute | B.S. | Former |
| Wharton Graduate School of the University of Pennsylvania | B.S. | Former |
Darrell W. Chambliss has been Executive Vice President and Chief Operating Officer of Waste Connections since October 2003. From October 1, 1997 to that date, he served as Executive Vice President Operations. Mr. Chambliss has more than 16 years of experience in the solid waste industry. Mr. Chambliss holds a B.S. degree in Business Administration from the University of Arkansas.
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Chief Operating Officer | Current |
| Waste Connections, Inc. | Executive Vice President | Current |
| University of Arkansas | B.S. Degree In Business Administration | Former |
Eric O. Hansen has been Vice President Chief Information Officer of Waste Connections since July 2004. From January 2001 to July 2004, Mr. Hansen served as Vice President Information Technology. From April 1998 to December 2000, Mr. Hansen served as Director of Management Information Systems. Mr. Hansen holds a B.S degree from Portland State University.
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Chief Information Officer | Current |
| Waste Connections, Inc. | Vice President | Current |
| Waste Connections, Inc. | Board of Directors | Former |
| Portland State University | B.S Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Mu Frti | Assistant Chief With the Springfield Fd | Current |
| Waste Connections, Inc. | Senior Vice President, Sale and Marketing | Current |
| Mu Frti | Adjunct Faculty Member | Former |
| Missouri State University | B.S. Degree In Management and Marketing | Former |
| Southwest Missouri State University | B.S. In Management and Marketing | Former |
Eric M. Merrill has been Senior Vice President – People, Safety and Development of Waste Connections since January 2009. From June 2007 to that date, Mr. Merrill served as Senior Vice President – People, Training and Development. Mr. Merrill joined us in 1998 and since 2000 had served as Regional Vice President – Pacific Northwest Region. Mr. Merrill has over 20 years of experience in the solid waste industry. He holds a B.S. degree in Accounting from the University of Oregon.
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Senior Vice President | Current |
| University of Oregon | B.S. Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Senior Vice President, Engineering & Disposal | Current |
| Waste Connections, Inc. | Vice President | Former |
| Services, Inc. | Former | |
| Waste Management, Inc. | Former | |
| Slippery Rock University of Pennsylvania | B.S. Degree In Geology | Former |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Senior Vice President, Admin | Current |
| World Oil Corp. | Former | |
| Chevron Corp. | Former | |
| Gulf Publishing Company | Former |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Senior Vice President, Administration | Current |
| University of Wyoming | B.S. Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Vice President Corporate Controller | Current |
| Financial Reporting, Inc | Manager | Former |
| Fibercom | Corporate Controller | Former |
| California State University Sacramento | B.S. degree in Accounting | Former |
| California State University | B.S. Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Vice President Western Region | Current |
| Waste Connections, Inc. | Director | Current |
| Madera County | Director | Former |
| Fresno State University | B.S. Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Vice President, General Counsel & Secretary | Current |
| Waste Connections, Inc. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Vice President, Human Resources | Current |
| Risk Management, Inc. | Vice President Human Resources | Former |
| First Union National Bank | Vice President of Human Resources | Former |
| Business Furniture Inc. | Manager of Human Resources and Risk Management | Former |
| Risk Management, Inc. | Manager of Human Resources | Former |
| United Parcel Service, Inc. | Supervisor | Former |
| F.I.R.S.T | Former | |
| Money Store LP | Former | |
| Golden Gate University | Master's Degree In Human Resources | Former |
| California State University | B.S. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Wildlife Heritage Foundation | Chief Financial Officer | Current |
| Waste Connections, Inc. | General Counsel, Secretary & Vice President | Current |
| Wildlife Heritage Foundation | Executive Director | Current |
| Wildlife Heritage Foundation | Manager | Current |
| Waste Connections, Inc. | Board of Directors | Current |
| Wildlife Heritage Foundation | Board of Directors | Current |
| USDA Forest Service | Program Manager | Former |
| University of California, Davis | Ph.D. In Insect Ecology | Former |
| University of California, Berkeley | M.S. In Entomology | Former |
| University of California, Berkeley | B.S. | Former |
| University of California, Davis | B.S. | Former |
Richard K. Wojahn has been Vice President – Business Development of Waste Connections since February 2009. From September 2005 to that date, Mr. Wojahn served as Director of Business Development. Mr. Wojahn served as Vice President of Operations for Mountain Jack Environmental Services, Inc. (which was acquired by Waste Connections in September 2005) from January 2004 to September 2005. Mr. Wojahn has more than 25 years of experience in the solid waste industry having held various management positions with Waste Management, Inc. and Allied Waste Industries, Inc. He attended Western Illinois University.
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Vice President, Business Dev | Current |
| Waste Connections, Inc. | Director, Business Dev | Former |
Scott I. Schreiber has been Vice President – Disposal Operations of Waste Connections since February 2009. From October 1998 to that date, Mr. Schreiber served as Director of Landfill Operations. Mr. Schreiber has more than 29 years of experience in the solid waste industry. From September 1993 to September 1998, Mr. Schreiber served as corporate Director of Landfill Development and corporate Director of Environmental Compliance for Allied Waste Industries, Inc. From August 1988 to September 1993, Mr. Schreiber served as Regional Engineer (Continental Region) and corporate Director of Landfill Development for Laidlaw Waste Systems Inc. From June 1979 to August 1988, Mr. Schreiber held several managerial and technical positions in the solid waste and environmental industry. He holds a B.S. degree in Chemistry from the University of Wisconsin at Parkside.
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Vice President, Disposal Operations | Current |
Mr. Cutler is a co-founder of Mobile Environmental Technologies, Inc which has joined with Terra Sana to form MECO. He is also a co-founder of Waste Connections (WCN), the fourth largest public solid waste company in the US and with a two billion dollar market cap. Mr. Cutler is the managing partner of The Cutler Group, an early stage Venture Capital vehicle. He has been investing in and starting companies since 1990. He has invested in over 20 companies that have either gone public, been an M&A candidate or remained private. They include companies such as Serius (Novell), Hollywood Entertainment, USWeb, Earthlink, Jakks Pacific, Immunix, Fatpipe, Net Chemistry, Peoplenet, Manyone.Net, etc. He also co-founded SRS Labs (SRSL) and E-Offering (acquired by Schwab), and sits on the Boards of MECO Environmental, Manyone Networks and NetChemistry. Mr. Cutler is a magna cum laude graduate from the University of California at Berkeley and Santa Barbara and currently resides in Newport Beach, California.
| Organization | Position | Status |
|---|---|---|
| Terrasana | Co-Founder | Current |
| Terra Sana Group | Co-Founder | Current |
| Waste Connections, Inc. | Co-Founder | Current |
| The Cutler Group | Managing Partner | Current |
| Manyone Networks | Board of Directors | Current |
| Netchemistry, Inc. | Board of Directors | Current |
| Terra Sana Group | Board of Directors | Current |
| Mobile Environmental Technologies, Inc. | Board of Directors | Current |
| SRS Labs, Inc. | Co-Founder | Former |
| Delaware Corporation | Director of Publicly Traded Companies | Former |
| Waste Connections, Inc. | Director of Publicly Traded Companies | Former |
| University of Puget Sound | BA In Business Administration | Former |
| University of California, Berkeley | Former | |
| University of Puget Sound | Trustee | Former |
| Organization | Position | Status |
|---|---|---|
| Terra Sana Group | Co-Founder | Current |
| Waste Connections, Inc. | Co-Founder | Current |
| Terrasana | Co-Founder | Current |
| Terra Sana Group | Board of Directors | Current |
| Mobile Environmental Technologies, Inc. | Board of Directors | Current |
| Waste Connections, Inc. | Director of Publicly Traded Companies | Former |
| Delaware Corporation | Director of Publicly Traded Companies | Former |
| University of Puget Sound | Board of Directors | Former |
| University of Puget Sound | BA In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Business Dev Manager | Current |
Mr. Guillet is an independent human resources consultant. From October 1, 2005 until December 31, 2006, he was Senior Vice President, Human Resources for the Gillette Global Business Unit of The Procter & Gamble Company, a position he held subsequent to the merger of Gillette with Procter & Gamble. From July 1, 2001 until September 30, 2005, Mr. Guillet was Senior Vice President, Human Resources and an executive officer of The Gillette Company, a global consumer products company. He joined Gillette in 1974 and has held a broad range of leadership positions in its human resources department. Mr. Guillet is a former member of Boston University's Human Resources Policy Institute. He holds a B.A. degree in English Literature and Secondary Education from Boston College.
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | Consultant | Current |
| Waste Connections, Inc. | Board of Directors | Current |
| Boston College | B.A. Degree In English Literature and Secondary Education | Former |
| Organization | Position | Status |
|---|---|---|
| RMC Research Foundation | President & CEO | Current |
| U.S. Concrete Inc. | President & CEO | Current |
| Waste Connections, Inc. | Committee Member | Current |
| Waste Connections, Inc. | Chairman | Current |
| U.S. Concrete Inc. | Board of Directors | Current |
| RMC Research Foundation | Board of Directors | Current |
| Waste Connections, Inc. | Board of Directors | Current |
| U.S. Concrete Inc. | Executive Vice President and Chief Operating Officer | Former |
| Apple Orthodontix | Chief Financial Officer | Former |
| Apple Orthodontix | Senior Vice President | Former |
| Apple Orthodontix | Vice President | Former |
| University of Mississippi | B.A. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Effenergy LLC | CEO | Current |
| California Polytechnic State University | Founder | Current |
| Rubber Recovery Ltd | Partner | Current |
| Waste Connections, Inc. | Consultant | Current |
| Waste Connections, Inc. | Board of Directors | Current |
| GreenMan Technologies, Inc. | Chief Executive Officer | Former |
| GreenMan Technologies, Inc. | President | Former |
| Effenergy LLC | Coo | Former |
| Browning-Ferris Industries | Vice President of Recycling | Former |
| SCS Engineers | Executive Positions | Former |
| Fibres International, Inc. | Executive Positions | Former |
| The Greenman | Former | |
| GreenMan Technologies, Inc. | Director | Former |
| The George Washington University | Graduate Work | Former |
| California Polytechnic State University | B.S. Degree In Mathematics | Former |
| Organization | Position | Status |
|---|---|---|
| Waste Connections, Inc. | General Counsel & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Penumbra, Inc. | Executive Vice President and General Counsel | Current |
| Waste Connections, Inc. | Secretary | Current |
| Waste Connections, Inc. | Executive Vice President | Former |
| University of California, Berkeley | J.D. Degree | Former |
| Waste Connections, Inc. | General Counsel | Former |
William J. Razzouk is Chief Executive Officer of Newgistics, Inc., a provider of intelligent returns management solutions for direct retailers and technology companies. Mr. Razzouk also owns WJR Advisors and WJR Ventures, management consulting and investment firms. From August 2000 to December 2002, he was a Managing Director of Paradigm Capital Partners, LLC, a venture capital firm in Memphis, Tennessee that focuses on meeting the capital and advisory needs of emerging growth companies. From September 1998 to August 2000, he was Chairman of PlanetRx.com, an e-commerce company focused on healthcare and sales of prescription and over-the-counter medicines, health and beauty products and medical supplies. He was also Chief Executive Officer of PlanetRx.com from September 1998 until April 2000. From April 1998 until September 1998, Mr. Razzouk owned a management consulting business and an investment company that focused on identifying strategic acquisitions. From September 1997 until April 1998, he was the President, Chief Operating Officer and a director of Storage USA, Inc., a then publicly traded (now private) real estate investment trust that owns and operates more than 350 mini storage warehouses. He served as the President and Chief Operating Officer of America Online from February 1996 to June 1996. From 1983 to 1996, Mr. Razzouk held various management positions at Federal Express Corporation, most recently as Executive Vice President, Worldwide Customer Operations, with full worldwide profit and loss responsibility. Mr. Razzouk previously held management positions at ROLM Corporation, Philips Electronics and Xerox Corporation. He previously was a director of Fritz Companies, Inc., Sanifill, Inc., Cordis Corp., Storage USA, PlanetRx.com, America Online and La Quinta Motor Inns. Mr. Razzouk holds a Bachelor of Journalism degree from the University of Georgia.
| Organization | Position | Status |
|---|---|---|
| Newgistics, Inc. | Chief Executive Officer | Current |
| Newgistics, Inc. | Director | Current |
| Waste Connections, Inc. | Board of Directors | Current |
| ReTrans | Board of Directors | Current |
| Planetrx.Com | Chief Executive Officer | Former |
| Waste Connections, Inc. | Chief Executive Officer | Former |
| Storage USA, Inc. | President | Former |
| AOL LLC | President | Former |
| AOL LLC | Chief Operating Officer | Former |
| Storage USA, Inc. | Chief Operating Officer | Former |
| FedEx Corporation | chief operating officer | Former |
| Federal Express Corporation | Chief Operating Officer | Former |
| Federal Express Corporation | Executive Vice President | Former |
| FedEx Corporation | executive vice president | Former |
| ROLM Corporation | Former | |
| Planetrx.Com | Chairman | Former |
| Cordis Corporation | Director | Former |
| Planetrx.Com | Director | Former |
| AOL LLC | Director | Former |
| Storage USA, Inc. | Director | Former |
| The University of Georgia | Bachelor of Journalism Degree | Former |
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