Republic Services Strengthens Board with Ian Craig's Appointment as Director

Republic Services Strengthens Leadership with New Appointment

Republic Services, Inc., a prominent player in the environmental services sector, has made a significant addition to its board of directors. Ian Craig, the current CEO of Coca-Cola FEMSA, has been appointed to the board, bringing with him a wealth of experience and a strategic vision that aligns with the company’s commitment to sustainability and operational excellence.

Who is Ian Craig?

At 53 years old, Ian Craig stands as the chief executive officer of Coca-Cola FEMSA, which is the largest bottling company in Latin America, distributing its products across ten countries. Under Craig's leadership, Coca-Cola FEMSA has seen a notable focus on digital transformation and sustainability, a clear trajectory that Republic Services aims to pursue. Craig’s experience managing a company with over $16 billion in annual revenue and a market cap of $23 billion is invaluable. He has spearheaded various initiatives to enhance renewable energy use within the company's operations and led successful programs for more efficient plastic bottle collection.

Prior to his role as CEO, Craig held multiple leadership positions within Coca-Cola FEMSA, including chief operating officer for Brazil and Argentina. His background in finance and operational management spans a rich career focused on strategic growth, culminating in a remarkable achievement of leading more than $7 billion in mergers and acquisitions.

A Vision for Sustainability

Manny Kadre, chairman of the Republic Services board, expressed enthusiasm about Craig’s appointment, stating, “Ian brings exceptional international business experience and a strong track record of operational excellence to our board.” His expertise is expected to greatly enhance Republic's environmental stewardship initiatives, dovetailing seamlessly with the company’s goals for sustainability.

Similarly, board member Michael Larson noted that Craig's experience in digital platforms and artificial intelligence capabilities will be critical for advancing Republic Services' strategic priorities as they continue to expand their business.

Education and Professional Background

Craig's educational background features an MBA from the University of Chicago, alongside a master's degree in international commercial law and a bachelor's degree in industrial and systems engineering from Instituto Tecnológico y de Estudios Superiores de Monterrey in Mexico. His diverse educational qualifications enrich his practical experience, enabling a holistic approach to business challenges.

About Republic Services

Republic Services, Inc. prides itself on being a leader within the environmental services industry. Their array of services includes recycling, solid waste management, special waste handling, and field services. Committed to advancing circularity in operations and supporting decarbonization efforts, Republic Services aims to foster a more sustainable world through strong partnerships with their customers.

The inclusion of Ian Craig is set to further empower this vision, signaling the company's relentless pursuit of innovation and responsible stewardship of environmental resources. For more information about Republic Services, please visit RepublicServices.com.