LAS VEGAS, June 3, 2015 /PRNewswire/ -- Republic
Services, Inc. (NYSE: RSG) announced today that an industry icon
and Republic forefather, Bruce
Ranck, has been inducted into the National Waste &
Recycling Association's Hall of Fame. During his 29-year tenure at
Browning-Ferris Industries (BFI), Mr. Ranck provided extraordinary
leadership and vision that brought innovation to nearly every facet
of the waste stream. His legacy endures in many of the people and
priorities that guide the industry today.
"Republic is well positioned today in part due to the market
position and quality team built during Bruce Ranck's tenure at BFI," said Don Slager, president and chief executive
officer of Republic Services. "Bruce challenged BFI, and by
extension an entire industry, to do things differently. He
professionalized his business, focused on the customer and embraced
environmental responsibility. He mentored a generation of industry
leaders. In one way or another, many in our industry today have
benefited from his remarkable career."
Mr. Ranck began his journey with BFI in 1970 as a division
operations manager. His progression within the company, from 1970
to 1989, included roles as district manager and regional vice
president for the East Central, Mid-Atlantic and North Central
regions. During this period, Mr. Ranck developed unique insights
into every facet of the business that helped define his
understanding of and deep appreciation for the customer. By 1989,
Mr. Ranck was promoted to executive vice president for solid waste
operations in North America.
Mr. Ranck was named president and chief operating officer of BFI
in 1991. He recognized early on in this role that the industry
would need to adapt to complex issues, including a changing waste
stream, increased regulatory and compliance requirements,
technological advancements, and growing customer demands for
environmental solutions.
In response, Mr. Ranck introduced and implemented a series of
strategic initiatives in the 1990's that would professionalize the
company, and in the process position BFI within the marketplace as
a highly respected and valuable blue chip company. This included
the concept of customer segmentation, which involved building
expertise and dedicated divisions around specific customer groups,
from general business to health care and medical waste to
manufacturing. It represented the largest organizational change at
BFI in 25 years, and resulted in all-time high customer retention
rates.
In 1995, Mr. Ranck was named president and chief executive
officer of BFI. He held this position until BFI was acquired by
Allied Waste in 1999. Allied Waste would eventually merge with
Republic Services in 2008.
"The waste and recycling industry strives
to safely collect, recycle and innovate with the
exemplary leadership, dedication and
service Bruce has demonstrated, and his recognition
is well-deserved," said Sharon H.
Kneiss, president and chief executive officer of the
National Waste & Recycling Association.
As an executive, Mr. Ranck earned widespread respect for his
business and environmental leadership. He helped to build and grow
a company that generated more than $6
billion in annual revenue, and experienced healthy increases
in net income per share, operating margins and return on gross
assets. Mr. Ranck embraced environmental compliance, proactively
addressing new federal and state regulations affecting solid waste
landfills. He was an early adopter of waste-to-energy initiatives,
establishing business partnerships that would result in the
construction of six waste-to-energy facilities. He foresaw the
emergence of the medical waste business, and led the development of
the largest network of medical waste services in North America. He was also a recycling
pioneer, and guided BFI in becoming a worldwide leader in recycling
operations.
As a leader, Mr. Ranck generated incredible admiration and
loyalty among colleagues, employees and industry peers for the way
in which he led. He is celebrated for his devotion to employees and
the well-being of their families, and his mentorship of personnel
at all levels, from drivers to executives. He led by example within
the community as well, serving as chair of the United Way of
Texas – Gulf Coast board of
directors, and on the boards of Junior Achievement National,
Memorial Healthcare System and the Sam Houston Area Council of the
Boy Scouts of America. He continues to contribute to the industry
that he helped to advance, serving as chairman of the board at
Liquid Environmental Solutions Corporation, and as a board member
with Tri Con Works, L.P.
About Republic Services
Republic Services, Inc. (NYSE: RSG) is an industry leader in U.S.
recycling and non-hazardous solid waste. Through its
subsidiaries, Republic's collection companies, recycling centers,
transfer stations and landfills focus on providing effective
solutions to make proper waste disposal effortless for their
commercial, industrial, municipal, residential and oilfield
customers. We'll handle it from here.TM, the
brand's tagline, lets customers know they can count on Republic to
provide a superior experience while fostering a sustainable Blue
PlanetTM for future generations to enjoy a cleaner,
safer and healthier world.
For more information, visit the Republic Services website
at RepublicServices.com. "Like" Republic on Facebook at
www.facebook.com/RepublicServices and follow on Twitter
@RepublicService.
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SOURCE Republic Services, Inc.