Republic Services Management

Management criteria checks 2/4

Republic Services' CEO is Jon Vander Ark, appointed in May 2019, has a tenure of 2.83 years. total yearly compensation is $11.81M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 0.025% of the company’s shares, worth $14.78M. The average tenure of the management team and the board of directors is 2.9 years and 6.6 years respectively.

Key information

Jon Vander Ark

Chief executive officer

US$11.8m

Total compensation

CEO salary percentage	9.4%
CEO tenure	5yrs
CEO ownership	0.03%
Management average tenure	2.9yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jon Vander Ark's remuneration changed compared to Republic Services's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$12m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$2b
Dec 31 2022	US$10m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$8m	US$907k	US$1b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$1b
Dec 31 2020	US$4m	US$799k	US$967m
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	US$4m	US$747k	US$1b
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$4m	US$623k	US$1b

Compensation vs Market: Jon's total compensation ($USD11.81M) is above average for companies of similar size in the UK market ($USD5.61M).

Compensation vs Earnings: Jon's compensation has increased by more than 20% in the past year.

CEO

Jon Vander Ark (48 yo)

5yrs

Tenure

US$11,812,058

Compensation

Mr. Jon Vander Ark serves as Chief Executive Officer at Republic Services, Inc. since June 25, 2021 and its Director since July 1, 2021. He has been President at Republic Services, Inc. since April 30, 201...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jon Vander Ark	President	5yrs	US$11.81m	0.025% $ 14.8m
Brian DelGhiaccio	Executive VP & CFO	3.9yrs	US$3.93m	0.0047% $ 2.8m
Gregg Brummer	Executive VP & COO	less than a year	US$2.10m	0.0027% $ 1.6m
Catharine Ellingsen	Executive VP	7.9yrs	US$3.30m	0.014% $ 8.3m
Brian Bales	Executive VP & Chief Development Officer	9.3yrs	US$2.47m	0.0067% $ 3.9m
Elyse Carlsen	VP & Chief Accounting Officer	less than a year	no data	0.000080% $ 46.7k
Aaron Evans	Vice President of Investor Relations	no data	no data	no data
Amanda Hodges	Executive VP & Chief Marketing Officer	3.5yrs	no data	0.0042% $ 2.5m
Courtney Rodriguez	Executive VP & Chief Human Resources Officer	1.2yrs	no data	0.00040% $ 233.7k
Nicole Giandinoto	Senior Vice President of Business Transformation	no data	no data	no data
Richard Kang	Senior Vice President of Operations & Environmental Solutions	2.3yrs	no data	no data
Julia Arambula	Senior Vice President of Operations	2.3yrs	no data	no data

2.9yrs

Average Tenure

49.5yo

Average Age

Experienced Management: 0KW1's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jon Vander Ark	President	2.8yrs	US$11.81m	0.025% $ 14.8m
Michael Larson	Independent Director	14.6yrs	US$350.08k	0.017% $ 10.2m
Thomas W. Handley	Independent Director	7.8yrs	US$350.08k	0.00065% $ 379.8k
Manuel Kadre	Independent Chairman of the Board	9.9yrs	US$495.08k	0.0014% $ 788.7k
Katharine Weymouth	Independent Director	5.6yrs	US$330.08k	0.00087% $ 508.3k
Margaret Reynolds	Independent Director	less than a year	US$143.49k	0.000010% $ 5.8k
Brian Tyler	Independent Director	3.1yrs	US$330.08k	0.00058% $ 338.9k
James Snee	Independent Director	5.8yrs	US$350.08k	0.0033% $ 1.9m
Michael Duffy	Independent Director	3.8yrs	US$330.08k	0.00051% $ 298.0k
Tomago Collins	Independent Director	10.8yrs	US$350.08k	0.0066% $ 3.8m
Jennifer Kirk	Independent Director	7.8yrs	US$355.08k	0.0014% $ 823.8k
Sandra Volpe	Independent Director	7.4yrs	US$330.08k	0.000030% $ 17.5k

6.6yrs

Average Tenure

56yo

Average Age

Experienced Board: 0KW1's board of directors are considered experienced (6.6 years average tenure).

Republic Services Management

Management criteria checks 2/4

Key information

Recent management updates

President recently sold US$1.0m worth of stock

Republic Services, Inc. Appoints Tom Linebarger to its Director

Republic Services, Inc. Announces Executive Changes

Republic Services, Inc. Appoints Meg Reynolds to Its Board of Directors

Independent Director recently sold US$575k worth of stock

Independent Director recently bought US$130k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$1.44 (vs US$1.21 in 1Q 2023)

Republic Services, Inc. Declares Regular Quarterly Dividend, Payable on July 15, 2024

Dividend of US$0.54 announced

Republic Services, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Upcoming dividend of US$0.54 per share

President recently sold US$1.0m worth of stock

Republic Services, Inc. Provides Earnings Guidance for the Full-Year 2024

Full year 2023 earnings released: EPS: US$5.47 (vs US$4.70 in FY 2022)

Third quarter dividend of US$0.54 announced

Republic Services, Inc. Appoints Tom Linebarger to its Director

Republic Services, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Upcoming dividend of US$0.54 per share at 1.3% yield

Republic Services, Inc. Provides Earnings Guidance for 2023

Third quarter 2023 earnings released: EPS: US$1.52 (vs US$1.32 in 3Q 2022)

Republic Services, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Upcoming dividend of US$0.54 per share at 1.5% yield

Republic Services, Inc. Announces Executive Changes

Second quarter 2023 earnings released: EPS: US$1.35 (vs US$1.18 in 2Q 2022)

Republic Services, Inc. Raises Revenue Guidance for the Full Year 2023

Republic Services, Inc. Appoints Meg Reynolds to Its Board of Directors

Republic Services, Inc. to Report Q2, 2023 Results on Jul 31, 2023

Republic Services, Inc.(NYSE:RSG) dropped from Russell 1000 Growth Index

Upcoming dividend of US$0.49 per share at 1.3% yield

Republic Services, Inc. (NYSE:RSG) acquired solid waste operations in Colorado and New Mexico from GFL Environmental Inc. (TSX:GFL).

First quarter 2023 earnings released: EPS: US$1.21 (vs US$1.11 in 1Q 2022)

Upcoming dividend of US$0.49 per share at 1.5% yield

Independent Director recently sold US$575k worth of stock

Independent Director recently bought US$130k worth of stock

Full year 2022 earnings released: EPS: US$4.70 (vs US$4.05 in FY 2021)

Republic Services, Inc. Provides Earnings Guidance for the Full-Year 2023

Republic Services Declares Regular Quarterly Dividend Payable on April 14, 2023

Republic Services, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Upcoming dividend of US$0.49 per share

Third quarter 2022 earnings released: EPS: US$1.32 (vs US$1.10 in 3Q 2021)

Republic Declares Regular Quarterly Dividend, Payable on January 13, 2023

Now 21% undervalued

Republic Services, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Upcoming dividend of US$0.49 per share

President recently sold US$2.0m worth of stock

Second quarter 2022 earnings released: EPS: US$1.18 (vs US$1.04 in 2Q 2021)

Republic Services, Inc. Provides Earnings Guidance for the Year Ending December 31, 2022

Republic Services, Inc Approves Regular Quarterly Dividend, Payable on October 14, 2022

Republic Services, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Upcoming dividend of US$0.46 per share

Republic Services, Inc. acquired JRM Hauling and Recycling Services.

First quarter 2022 earnings released: EPS: US$1.11 (vs US$0.93 in 1Q 2021)

Republic Services, Inc. Declares Quarterly Dividend, Payable on July 15, 2022

Republic Services, Inc. (NYSE:RSG) completed the acquisition of US Ecology, Inc. (NasdaqGS:ECOL) from BlackRock, Inc. (NYSE:BLK), Magnetar Financial LLC, The Vanguard Group, Inc., Thrivent Financial for Lutherans, Wellington Management Group LLP and others.

Republic Services, Inc. to Report Q1, 2022 Results on May 05, 2022

Republic Services, Inc., Annual General Meeting, May 16, 2022

Republic Services, Inc., Annual General Meeting, May 16, 2022

Upcoming dividend of US$0.46 per share

Republic Services, Inc. Provides Financial Guidance for Full-Year 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Now 21% undervalued after recent price drop

Republic Services, Inc. (NYSE:RSG) acquired River City Waste Services LLC from a family.

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.46 per share

Independent Director recently sold US$267k worth of stock

Third quarter 2021 earnings released: EPS US$1.10 (vs US$0.81 in 3Q 2020)

Upcoming dividend of US$0.46 per share

Second quarter 2021 earnings released: EPS US$1.04 (vs US$0.71 in 2Q 2020)

Upcoming dividend of US$0.42 per share

Special Advisor to CEO Charles Serianni has left the company

Executive VP & COO recently sold US$1.4m worth of stock

Republic Services, Inc. (NYSE:RSG) completed the acquisition of Santek Waste Services, LLC.

First quarter 2021 earnings released: EPS US$0.93 (vs US$0.77 in 1Q 2020)

Republic Services, Inc. Declares Quarterly Dividend, Payable on July 15, 2021

Upcoming dividend of US$0.42 per share