Dive summary:
- U.S. Ecology said the company's board and CEO James R. Baumgardner agreed that his employment with the compnay will terminate.
- Baumgardner's departure came right before an investor conference call to discuss quarterly earnings, which were reported as $5 million less than the same quarter last year.
- Jeffrey R. Feeler has been appointed acting president and chief operating officer and former CEO and current board member Stephen A. Romano, will also take what he called "an expanded role," until a new CEO is appointed.
From the article:
US Ecology Inc.'s CEO is out of a job.
The Boise, Idaho-based environmental services company said the company's board and CEO James R. Baumgardner agreed that his "employment with the company will terminate," according to a press release.
Jeffrey R. Feeler has been appointed acting president and chief operating officer. Baumgardner also was COO for the company. Feeler previously was chief financial officer for the company. ...
