Sterecycle has built a strong Board and Management team, with expertise
in waste management, process engineering, power, finance and high-growth
businesses:
Board Non-Executive Directors
Andy
Hinton - Chairman
Mr Hinton has been Chairman of the Company
since October 2005. He is an experienced water and waste industry
executive and entrepreneur. He was formerly CEO and majority shareholder
of White Rose Environmental Ltd, the UK’s largest medical waste business.
White Rose was a subsidiary of waste and utility business Kelda Plc
until December 2000, when Mr Hinton and other members of management
purchased the business unit. Management developed and expanded the
business of White Rose and ultimately sold it for £36 million in 2004.
Prior to White Rose, Mr Hinton was involved in a series of transactions
which led to the formation of Yorkshire Environmental, a diversified
UK waste group with annual turnover of approximately £200 million
before its merger with Waste Recycling Group. Mr Hinton currently
manages Ailsa3Ventures, a personal investment vehicle investing in
environmental businesses including Credential Environmental, the UK’s
largest tyre recycling business, of which Mr. Hinton is Chairman.
In 2007, Mr Hinton was appointed as a non-executive director of WRAP
(Waste and Resources Action Programme), the UK government's advisory
body in the area of recycling and resource recovery. Mr. Hinton holds
a BA in Geography/History from Leeds University and an MBA from Bradford
University.
Duncan
Grierson - Founder
Mr Grierson founded the Company in February
2003 and was its Chief Executive Officer until January 2010, leading
the Company’s growth and development from a concept to a commercial-scale
operational business, Over this period the Company secured 6 rounds
of private finance, raising £34 million, including funds from Goldman
Sachs and Fidelity International. Prior to founding Sterecycle, Mr
Grierson was a private equity investor. From 2001 to 2003, Mr Grierson
was a Vice-President at Lake Capital, a Chicago-based private equity
firm which manages funds of over US$1.3 billion with a buy-and-build
strategy and where Mr. Grierson latterly focused on environmental
services. Between 1997 and 2001, Mr Grierson was an Investment Director
at Thompson Clive Venture Capital in London and Paris, one of Europe’s
oldest technology venture capital firms founded in 1977 and which
managed funds in excess of £150 million. Mr Grierson invested in and
was Non-Executive Director of several technology companies and has
helped several technology companies to IPO. Mr Grierson originally
qualified as a corporate finance lawyer with Clifford Chance in London
and Frankfurt, where he spent 3 years and specialized in private equity.
Mr. Grierson has also co-founded a successful landfill business. Mr
Grierson has a degree in Law from St. Johns College, Cambridge University,
and an MBA from INSEAD, France.
Brian
Count
Mr Count has over 35 years’ experience
in the power sector. Mr Count is the former Chief Executive Officer
of Innogy plc, the public company comprising National Power’s UK business
which was the largest UK generating company formed on privatisation
of the industry with revenues of approximately £4 billion. Mr. Count
was integral in transforming the company from a generator to an integrated
energy business and the acquisition by RWE of Innogy plc in 2003 for
£5billion delivered a substantial return to shareholders. Mr Count
joined the Central Electricity Generation Board in 1974 and ultimately
became Director of Power Generation and the CEO of National Power.
Following the acquisition of National Power, Mr Count became Chief
Executive of RWE Trading, based in Essen, Germany where he remained
until he retired from RWE in 2005. In this role he grew the European
energy trading business to become a commercial hub of the RWE group.
Mr Count is currently non-executive Chairman of Ceres Power (a fuel
cell technology company quoted on the London Stock Exchange), non-executive
Chairman of Progressive Energy (a company that is working with Centrica
Plc to develop a clean coal fired power station with Carbon Capture
and Storage). Mr Count is also a member of the UK Industrial Development
Advisory Board of the Department of Trade and Industry. Mr Count has
extensive experience of international energy utilities and has been
involved with governments and regulatory matters in both the UK and
Europe. He has a degree in mathematics from Kings College, Cambridge
University and a PhD in physics from Exeter University.
Ron
Kopas
Mr Kopas was the first Finance Director of Sterecycle between March 2005 and March 2008. Before joining the Company, Mr Kopas had been a co-founding director of corporate finance boutique KC Capital and an investment banker with UBS Warburg in London. Before entering corporate finance Mr Kopas was a Manager, Asian Markets for trading firm Ronald A. Chisholm Ltd. Mr Kopas is also currently a co-founder and director of a private Canadian gold exploration business. BA from Dalhousie University, Canada and an MBA from INSEAD, France.
Executive
Officers Who Serve as Board Directors
Tom
Shields – Chief Executive Officer
Mr. Shields joined Sterecycle as CEO
in January 2010. He was previously Managing Director of KemFine UK
Ltd, a specialty chemicals business with £45 million of turnover and
262 staff. Prior to KemFine, Mr. Shields lead the spin off of Avecia’s
Fine Chemicals business to join the KemFine Group and had previously
been Vice President of the Fine Chemicals business at Avecia, a global
company with sales of £442 million backed by private equity funds
Investcorp and Cinven. Mr. Shields was Manufacturing Director at Avecia
where he was responsible for 12 manufacturing sites in 5 countries.
Prior to this Mr Shields was located in Delaware as Head of Zeneca
Engineering in the United States. The early part of Mr. Shields’ career
included 16 years with ICI, one of the world’s largest chemical businesses,
covering roles in engineering design and site management, eventually
rising head up an Engineering Technology Group. He was a Trustee Director
of Avecia’s Pension Scheme. Public appointments include past Chairman
of the Scottish Enterprise Forth Valley Board and he is currently
Chair of the Chemical Sciences Scotland Investment group. Mr. Shields
graduated from Queens University, Belfast with a BSc in Engineering.
Adrian
Howe – Chief Financial Officer
Mr Howe has over 25 years accounting
and finance experience. He joined Sterecycle in March 2008. Mr Howe
was previously CFO of Band-X an IP telephony business (backed by Madison
Dearborn, Goldman Sachs and Morgan Stanley) where he was promoted
to CEO before selling the company in late 2007. Mr Howe has had a
number of senior finance roles within the telecoms industry including
European CFO of Level 3 Communications Inc (a NASDAQ listed company
with one of the world’s largest communications and Internet backbones),
Group Financial Controller of Telewest Plc (one of the UK’s largest
telecommunications companies, now VirginMedia) and Financial Controller
of British Telecom’s personal division. Mr Howe qualified as a chartered
accountant at KPMG in London. He has a BA in Politics Philosophy and
Economics from University College, Oxford University.
Executive
Officers
Alistair
Shotliff – Development Director
Mr Shotliff has over 25 years experience
in waste management. He joined Sterecycle in January 2007. Prior to
Sterecycle, Mr Shotliff was Projects Director with Waste Recycling
Group (one of the UK’s largest waste management companies) where he
led its successful bid for the 25 year Central Berkshire £600 million
PFI contract which he closed in December 2006. Mr Shotliff was previously
Executive Director with Thames Waste Management where lead bids for
several major PFI waste contracts including for East London Waste
Authority where Thames Waste was the underbidder. During his career
Mr Shotliff has secured several major planning permissions for profitable
waste facilities including recycling, composting, and landfill projects.
Mr Shotliff started his career in waste management as Landfill Acquisition
and Estates Manager with Biffa, the UK’s 2nd largest waste management
company. He originally trained as an Exploration Geologist with RMC
Plc (a ready mixed concrete and quarrying business listed on the London
Stock Exchange until acquired by Cemex of Mexico) where he was responsible
for the identification and acquisition of aggregate quarries. Mr Shotliff
has a BSc in Mining & Geology from Imperial College, London.
Paul
Greenwell – Operations Director
Mr Greenwell has over 25 years operational
experience in resource recovery. He joined Sterecycle in September
2007. Mr Greenwell was latterly Regional Operations Manager at Waste
Recycling Group (one of the UK’s largest waste management companies),
where he ran all of the East of England operations (Cambridgeshire,
Norfolk and Suffolk) including 9 landfills, 7 Waste Transfer stations
and 12 household waste recycling centres, responsible for £28 million
of turnover. Before WRG, Mr Greenwell was Operations Director of Solvent
Resource Management, one of Europe’s largest solvent handling companies
with £40 million of turnover. He was responsible for the design and
installation of 7 new solvent recovery plants which replaced older
inefficient units. Mr Greenwell was previously Production Manager
at Egger UK, one of Europe’s leading chipboard and laminate manufacturers,
where he managed the installation, commissioning and operation of
a melamine impregnation line. Mr Greenwell is a Chartered Chemist,
CChem MRSC.