|
|
Article: Republic Services Files Supplement to Proxy Statement.
- Article from:
- Ecology, Environment & Conservation
- Article date:
- May 22, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Republic Services, Inc. (NYSE: RSG) today filed a supplement to its proxy statement for the 2009 Annual Meeting of Stockholders to describe new employment agreements with James O'Connor, chief executive officer, and Tod Holmes, chief financial officer.
The new employment agreements for Messrs. O'Connor and Holmes are consistent with the company's executive compensation philosophy, which is designed to retain and motivate executives to increase stockholder value on both an annual and long-term basis, particularly as the company continues to integrate the acquired Allied Waste operations. The compensation committee of the Republic Services board of directors, which ...