Clean Harbors Management
Management criteria checks 3/4
Clean Harbors' CEO is Eric Gerstenberg, appointed in Mar 2023, has a tenure of 1.75 years. total yearly compensation is $4.94M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $12.83M. The average tenure of the management team and the board of directors is 6.2 years and 6.9 years respectively.
Key information
Eric Gerstenberg
Chief executive officer
US$4.9m
Total compensation
| CEO salary percentage | 16.8% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.2yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
We Think Clean Harbors (NYSE:CLH) Can Stay On Top Of Its Debt
Dec 17
Expect Continued Growth And Higher Share Prices From Clean Harbors
Nov 21Here's Why We Think Clean Harbors (NYSE:CLH) Might Deserve Your Attention Today
Nov 15Is Clean Harbors, Inc. (NYSE:CLH) Trading At A 20% Discount?
Oct 20Is It Time To Consider Buying Clean Harbors, Inc. (NYSE:CLH)?
Oct 05These 4 Measures Indicate That Clean Harbors (NYSE:CLH) Is Using Debt Reasonably Well
Sep 12Clean Harbors: Continued Reinvestment Runway To Redeploy Freely Available Cash
Sep 10Clean Harbors, Inc.'s (NYSE:CLH) Share Price Matching Investor Opinion
Aug 12Clean Harbors Stock: Time For A Downgrade After A Miraculous Run
Jun 25Calculating The Intrinsic Value Of Clean Harbors, Inc. (NYSE:CLH)
Jun 25When Should You Buy Clean Harbors, Inc. (NYSE:CLH)?
Jun 10Is Clean Harbors (NYSE:CLH) Using Too Much Debt?
May 26With Clean Harbors, Inc. (NYSE:CLH) It Looks Like You'll Get What You Pay For
May 10Merion Road Capital - Clean Harbors: From Nothing Into Our Top Holding
Apr 20Clean Harbors: A Good Business At A Steep Price
Mar 27Is Clean Harbors, Inc. (NYSE:CLH) Trading At A 25% Discount?
Mar 25Should You Investigate Clean Harbors, Inc. (NYSE:CLH) At US$188?
Mar 10Clean Harbors, Inc. (NYSE:CLH) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 24Is Clean Harbors (NYSE:CLH) Using Too Much Debt?
Feb 05Clean Harbors: Growth On Incremental Capital Compounds Intrinsic Value
Jan 27Clean Harbors, Inc.'s (NYSE:CLH) P/E Still Appears To Be Reasonable
Jan 06Clean Harbors: Q3 2023 Earnings Support Strong Fundamentals
Nov 07Clean Harbors Missed Out Big On Heritage-Crystal Clean
Aug 29Clean Harbors: Shares Still Offer A Bit Of Upside Despite Its Massive Surge
Jun 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$417m |
| Jun 30 2024 | n/a | n/a | US$393m |
| Mar 31 2024 | n/a | n/a | US$375m |
| Dec 31 2023 | US$5m | US$831k | US$378m |
| Sep 30 2023 | n/a | n/a | US$362m |
| Jun 30 2023 | n/a | n/a | US$406m |
| Mar 31 2023 | n/a | n/a | US$439m |
| Dec 31 2022 | US$4m | US$625k | US$412m |
| Sep 30 2022 | n/a | n/a | US$378m |
| Jun 30 2022 | n/a | n/a | US$308m |
| Mar 31 2022 | n/a | n/a | US$227m |
| Dec 31 2021 | US$4m | US$625k | US$203m |
| Sep 30 2021 | n/a | n/a | US$194m |
| Jun 30 2021 | n/a | n/a | US$183m |
| Mar 31 2021 | n/a | n/a | US$145m |
| Dec 31 2020 | US$4m | US$625k | US$135m |
| Sep 30 2020 | n/a | n/a | US$120m |
| Jun 30 2020 | n/a | n/a | US$101m |
| Mar 31 2020 | n/a | n/a | US$108m |
| Dec 31 2019 | US$3m | US$575k | US$98m |
| Sep 30 2019 | n/a | n/a | US$90m |
| Jun 30 2019 | n/a | n/a | US$85m |
| Mar 31 2019 | n/a | n/a | US$79m |
| Dec 31 2018 | US$2m | US$575k | US$66m |
| Sep 30 2018 | n/a | n/a | US$133m |
| Jun 30 2018 | n/a | n/a | US$114m |
| Mar 31 2018 | n/a | n/a | US$110m |
| Dec 31 2017 | US$2m | US$575k | US$101m |
Compensation vs Market: Eric's total compensation ($USD4.94M) is below average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Eric's compensation has increased by more than 20% in the past year.
CEO
Eric Gerstenberg (55 yo)
1.8yrs
Tenure
US$4,938,543
Compensation
Mr. Eric W. Gerstenberg has been the Co-Chief Executive Officer and Co-President at Clean Harbors, Inc. since March 31, 2023 and serves as its Director since September 03, 2024 and served as its Chief Oper...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 44.9yrs | US$2.30m | 4.96% $ 616.2m | |
| Co-CEO, Co-President & Director | 1.8yrs | US$4.94m | 0.10% $ 12.8m | |
| Co-CEO, Co-President & Director | 1.8yrs | US$4.92m | 0.14% $ 17.8m | |
| Executive VP & CFO | 1.8yrs | US$1.03m | 0.036% $ 4.5m | |
| Executive VP & Chief Information Officer | 6.2yrs | US$1.04m | 0.055% $ 6.9m | |
| President of Safety-Kleen Sustainability Solutions | 14.9yrs | US$2.01m | 0.11% $ 13.7m | |
| President of Industrial Services | 3.7yrs | US$1.30m | 0.073% $ 9.0m | |
| Senior Vice President of Investor Relations & Corporate Communications | 11.7yrs | no data | no data | |
| General Counsel | no data | no data | no data | |
| Executive Vice President of Pricing & Proposals | 15.9yrs | no data | 0.092% $ 11.5m | |
| Senior Vice President and Treasurer | 11.7yrs | no data | no data | |
| Executive Vice President of Health & Safety | 2.9yrs | no data | 0.0083% $ 1.0m |
6.2yrs
Average Tenure
55.5yo
Average Age
Experienced Management: CLH's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 44.9yrs | US$2.30m | 4.96% $ 616.2m | |
| Co-CEO, Co-President & Director | less than a year | US$4.94m | 0.10% $ 12.8m | |
| Co-CEO, Co-President & Director | less than a year | US$4.92m | 0.14% $ 17.8m | |
| Independent Director | 29.9yrs | US$254.00k | 0.010% $ 1.3m | |
| Lead Independent Director | 14.3yrs | US$289.92k | 0.045% $ 5.5m | |
| Independent Director | 5yrs | US$247.00k | 0.016% $ 2.0m | |
| Independent Director | 2.3yrs | US$247.00k | 0.0057% $ 710.7k | |
| Independent Director | 20.5yrs | US$257.00k | 0.018% $ 2.3m | |
| Independent Director | 2.3yrs | US$255.75k | 0.0057% $ 710.7k | |
| Independent Director | 8.8yrs | US$254.00k | 0.023% $ 2.9m | |
| Independent Director | 10.5yrs | US$256.00k | 0.022% $ 2.7m | |
| Independent Director | 3.3yrs | US$261.00k | 0.0095% $ 1.2m |
6.9yrs
Average Tenure
67yo
Average Age
Experienced Board: CLH's board of directors are considered experienced (6.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 15:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Clean Harbors, Inc. is covered by 39 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fabrizio Spagna | Axia Financial Research |
| David Manthey | Baird |
| Jonathan Windham | Barclays |