Recology Elects New Chairman to its Board

Date: June 3, 2013

Source: Recology

Recology (San Francisco, CA) has named Dennis Wu, an internationally recognized business leader and accountant, as chairman of its Board of Directors. Mr. Wu is the managing partner and co-founder of WuHoover & Co., an accounting firm, and has been on the Recology board for the last five years. He founded WuHoover after a 37-year career at Deloitte & Touche where he served as partner-in-charge of Deloitte's Enterprise Group in Northern California, managing partner of the San Francisco Emerging and Midsize Business Group, national managing partner for its Southeast Asia Desk Program, and national managing partner for its Greater China Desk Program.


PRESS RELEASE
June 3, 2013

Recognized Business and Community Leader Dennis Wu Elected Chair of Recology Board of Directors

Internationally recognized business leader and accountant Dennis Wu is the newly elected chairman of Recology, the leading independent employee-owned recycling and landfill diversion services company in the western United States.

Mr. Wu is the managing partner and co-founder of WuHoover & Co., a professional CPA firm, and has served as a member of the Recology board for the past five years.

He founded WuHoover after a 37-year career at Deloitte & Touche where he served as partner-in-charge of Deloitte's Enterprise Group in Northern California, managing partner of the San Francisco Emerging and Midsize Business Group, national managing partner for its Southeast Asia Desk Program, and national managing partner for its Greater China Desk Program. He is a former president of the Commonwealth Club and a former member of the board of directors of the San Francisco Chamber of Commerce and San Francisco Ballet.

"We are pleased and honored that Dennis is the new chair of our board," said Recology President and CEO Michael Sangiacomo. "Dennis's knowledge of our business, coupled with his independent and visionary thinking, brings the type of independent leadership we are seeking for our board of directors."

Wu's experience ranges from serving start up, privately held, high growth, and publicly listed companies in a variety of industries including not-for-profit, distribution, electric and gas, financial services, health care, manufacturing, service oriented, and venture capital companies. He also led numerous diversity projects while at Deloitte and served as one of five national leaders for the firm's Diversity initiative as well as regional diversity leader for Northern California, Hawaii, and the Pacific Northwest.

In April, insurance executive Larry A. Colton, CEO of G2 Insurance Services, and recycling executive George P. McGrath, EVP and COO of Recology, were named to Recology's board of directors.

Recology is an employee owned integrated resource recovery and landfill diversion company that provides collection, recycling, compost, consulting and disposal services to homes and businesses in the western United States.

The company manages municipal processes and services, including urban cleaning services, collection, sorting, transfer, recovery, and landfill management.

The company name, Recology, reflects its unique success record in driving resource recovery to unparalleled levels through recycling and composting.

Recology companies operate in California, Nevada, Oregon and Washington coordinating dozens of recycling programs to recover a variety of materials. Recology programs have been replicated throughout the country and serve as a national model for resource recovery initiatives.

Recology is:

  • The largest employee-owned company in the resource recovery industry, partnered with over 116 communities;

  • Parent to over 40 subsidiaries that provides integrated services to over 670,000 residential and 95,000 commercial customers in California, Oregon, Nevada and Washington;

  • Recognized as the industry leader in resource recovery, having established the first and largest curbside yard trimmings and food scraps collection program in the country.

Recology is 100 percent owned by the Recology Employee Stock Ownership Plan (ESOP) and not by any outside investors.

Recology has been honored multiple times by the national Employee Stock Ownership Plan Association for the quality of its ownership program and its positive impact on corporate performance.

The Recology ESOP makes it easy for Recology to focus on providing long-term, sustainable solutions to our customers. It strengthens teamwork and collaboration by tying employees' performance to the overall success of the company.

As the largest employee-owned company in our industry, Recology believes that its individual and collective hard work and dedication directly correlates to its long term success.

For more information, contact:
Singer Associates for Recology
Sam Singer, 415-227-9700
singer@singersf.com.

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