RALEIGH, N.C., May 30 /PRNewswire-FirstCall/ --
Waste Industries USA, Inc. (Nasdaq: WWIN), a regional, non-hazardous solid
waste services company, today announced the election of Glenn E. Futrell and
James R. Talton, Jr. as new board members at its Annual Shareholders Meeting.
The two additions bring the total number of board seats to seven, with four
independent or non-employee seats and three non-independent seats. Incumbents
re-elected to the board were Lonnie C. Poole Jr., Jim W. Perry, Paul L.
Brunswick, Thomas C. Cannon, and Paul F. Hardiman.
Mr. Futrell is the President and owner of Roanoke Properties Limited
Partnership, a real estate development company, in Manteo, North Carolina.
From 1973 to 1987, he was President and Chief Executive Officer of Soil &
Material Engineers, which specialized in geotechnical engineering,
environmental engineering and hazardous waste cleaning, and which was sold to
Westinghouse in December 1987. Mr. Futrell served as President of
Westinghouse Environmental & Geotechnical Services, a subsidiary of
Westinghouse, from 1988 to 1990. Mr. Futrell holds a Bachelors degree and
Masters degree in Civil Engineering from North Carolina State University. He
serves on the Board of the North Carolina State Engineering Foundation. Mr.
Futrell is a director of North State Bancorp, a publicly traded bank holding
company headquartered in Raleigh, North Carolina.
Mr. Talton has been the Chairman of Impact Design-Build, Inc. since 2000.
Prior to that, he was an audit and managing partner with KPMG LLP in Raleigh,
North Carolina, from 1986 to 1999, and was with KPMG LLP in Greenville, South
Carolina from 1979 to 1986. Mr. Talton holds a BA in Business Administration
from East Carolina University. He serves on the Board of Trustees of East
Carolina University and the Board of Directors of the Research Triangle
Regional Partnership. Mr. Talton is a director of Datastream Systems, Inc., a
publicly traded provider of asset management software, integrated procurement
and support services, headquartered in Greenville, South Carolina.
Lonnie C. Poole, Jr., Chairman of Waste Industries USA, Inc. stated, "We
welcome the addition of our new directors. Their experience adds balance,
broadens our vision and gives independent directors a 4:3 majority."
Waste Industries USA, Inc., is a vertically integrated regional solid
waste services company that provides collection, transfer, disposal and
recycling services to over 500,000 commercial, industrial and residential
customer locations in the states of North Carolina, South Carolina, Virginia,
Tennessee, Mississippi, Alabama, Georgia and Florida.
This press release contains "forward-looking statements" under the Private
Securities Litigation Reform Act of 1995. These forward-looking statements
can generally be identified as such because the statement will include words
such as the Company "expects," "believes," "anticipates" or words of similar
import. Similarly, statements that describe the Company's future plans,
objectives or goals are also forward-looking statements. Forward-looking
statements are subject to risks and uncertainties, such as risks in the
development and operation of landfills, and weather conditions, managing
growth and economic trends that could cause actual results to differ
materially from those currently anticipated. Consider these factors carefully
in evaluating the forward-looking statements. Additional information
concerning factors that could cause actual results to differ materially from
those in the forward-looking statements is contained from time to time in the
Company's SEC filings. The forward-looking statements made herein are only
made as of the date of this press release and the Company undertakes no
obligation to publicly update such forward-looking statements.
SOURCE Waste Industries USA, Inc.
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Related links:
http://www.waste-ind.com
Company News On-Call:
http://www.prnewswire.com/comp/120685.html
CONTACT:
Carol Dalton of Waste Industries USA, Inc.,
+1-919-325-3000
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