īased on an annual report published in 2018, with a revenue of $10 billion, the firm retained the number two position in the industry. Snee and Katharine Weymouth were appointed to the Republic Services Board of Directors in 2018, resulting in a total of 12 board members, 11 of them independent. In 2021, Slager retired and Vander Ark was named CEO. In May 2019, Jon Vander Ark took over as president. Īfter 12 years as CEO of Republic Services, James O’Connor retired on January 1, 2011, and was replaced by the president and COO of Republic Services, Don Slager. The Wall Street Journal reported in June 2010 that Republic Services’ $4 billion acquisition of Allied in December 2008 "has been successful from the start", delivering at the high end of the annual savings projected when they did the deal ($191 million), a 27 percent increase in share price. The merged company retained the Republic Services name. In June 2008, Republic became the second largest waste management company in the United States following the acquisition of its larger competitor, Allied Waste Industries, for $6.1 billion in Republic stock. In 1998, Republic Industries spun off Republic Services as an IPO, and then changed its name to AutoNation. Wayne Huizenga became chairman of the board in 1995, when Republic Industries began acquiring auto dealerships and car rental agencies. Republic Industries was created as a waste disposal firm in 1981. It is the second largest provider of waste disposal in the United States (as measured by revenue) after Waste Management Corporation. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste, container rental and field services. Republic's industry-leading commitments to advance circularity, reduce emissions and decarbonize operations are helping deliver on its vision to partner with customers to create a more sustainable world.Republic Services is a North American waste disposal company whose services include non-hazardous solid waste collection, waste transfer, waste disposal, recycling, and energy services. is a leader in the environmental services industry. environmental services provider to have its emissions reduction target approved by the Science Based Targets initiative (SBTi). The Company set a goal to reduce absolute Scope 1 and 2 greenhouse gas emissions by 35% by 2030 and is the only U.S. Republic Services is putting sustainability in action through industry-leading commitments to advance circularity and decarbonization. "We are like-minded in our commitment to electrification, active safety and advancing sustainability initiatives in communities around the world to make a difference in people's lives." "We are pleased Republic sees the value in this first-of-its kind integrated, electric refuse collection vehicle," said John Pfeifer, president and chief executive officer of Oshkosh Corporation. We'll continue to invest in innovations that will help reduce emissions, benefit the environment and help our customers meet their own sustainability goals." "Our engagement with Oshkosh on the truck of the future will accelerate the transition of our fleet while providing advanced safety features and technology. "As the operator of 17,000 trucks, Republic Services is uniquely positioned to advance decarbonization through our commitment to electrification, delivering meaningful environmental and economic benefits," said Jon Vander Ark, president and chief executive officer. Safety features include an enlarged windshield for improved visibility, 360-degree cameras, lane-departure sensors and automated braking. The chassis and body are designed as a single unit, maximizing interior space and creating a unique, streamlined exterior. Republic provided insights to Oshkosh engineers regarding operational, safety and ergonomic features for the truck. Oshkosh's McNeilus business unit is one of Republic's longtime providers of recycling and waste collection truck bodies. The Company has made the industry's largest commitment to fleet electrification through a multi-supplier vendor strategy. Republic operates the country's fifth largest vocational fleet with 17,000 trucks, with electric collection trucks currently operating in two states. It will begin operating two fully integrated electric recycling and waste truck prototypes this fall, and expects EVs to represent half of its new truck purchases in the next five years. (NYSE: RSG), a leader in the environmental services industry, today announced plans to significantly scale its electric truck fleet through a long-term deal with Oshkosh Corporation. 20, 2023 /PRNewswire/ - Republic Services, Inc. Expects EVs to represent half of new truck purchases by 2028
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