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    Jon Vander Ark

    President and Chief Executive Officer at Republic Services Inc
    Since June 25, 2021
    Age
    48 years
    Tenure
    Joined Republic Services in 2013 and advanced through roles as Executive Vice President (Chief Marketing Officer, Operations, and Chief Operating Officer) and President before being named President and Chief Executive Officer in 2021.

    Also at Republic Services Inc

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    Amanda Hodges
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    Brian A. Bales
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    Brian M. DelGhiaccio
    Executive Vice President, Chief Financial Officer

    About

    Jon Vander Ark has built a distinguished career at Republic Services since joining the company in 2013. He began his journey with key leadership roles in Marketing, Operations, and as Chief Operating Officer, which provided him with a comprehensive understanding of the company’s operational and strategic framework.

    Before his tenure at Republic Services, he was a partner at McKinsey & Company in Detroit, where he managed diverse clients in transportation, logistics, manufacturing, and consumer products. His consulting experience laid the groundwork for his future leadership by honing his expertise in marketing, sales, and operational management.

    At Republic Services, his progression from Executive Vice President to President and ultimately to President and Chief Executive Officer on June 25, 2021, reflects both his deep commitment and impactful contributions to the company's growth. Under his leadership, the company has prioritized sustainability, digital transformation, and customer engagement, reinforcing Republic Services as a leader in environmental services in North America.

    $RSG Performance Under Jon Vander Ark

    Past Roles

    OrganizationRoleDate RangeDetails
    Republic Services, Inc. (RSG) President Until 2021Held prior to being named CEO; joined RSG in 2013
    Republic Services, Inc. (RSG) Executive Vice President, Chief Operating Officer N/ASpent significant time visiting business units; gained deep understanding of operations, talent, and regulatory environment
    Republic Services, Inc. (RSG) Executive Vice President, Operations N/AGained extensive knowledge of the company’s operating assets
    Republic Services, Inc. (RSG) Executive Vice President, Chief Marketing Officer N/ADeveloped capabilities in customer zeal, digital, and sustainability; played a critical role in customer growth opportunities
    McKinsey & Company Partner N/AWorked in the Detroit office managing clients in transportation, logistics, manufacturing, and consumer products

    External Roles

    OrganizationRoleDate RangeDetails
    Lennox International Inc. Board of Directors N/ACurrent external board position

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,150,000 AnnuallyFixed base salary for 2023
    Matching Contribution to 401(k) Plan$13,200 AnnuallyMatching contribution per the 401(k) plan
    Matching Contribution to Deferred Compensation Plan$98,264 AnnuallyMatching contribution provided under the deferred comp plan
    Retirement Contribution to Deferred Compensation Plan$100,000 AnnuallyRetirement contribution under the deferred comp plan
    Value of Life Insurance Premiums$760 AnnuallyCost of life insurance premiums
    Perquisites and Other Personal Benefits$50,242 AnnuallyIncludes company-provided aircraft for non-business travel

    Performance Compensation

    Data from  FY 2023

    Performance Shares (PSUs)

    MetricDetail
    Grant DateFebruary 17, 2023
    Grant Date Fair Value$5,541,938
    Vesting Schedule3-year performance period (January 1, 2023 to December 31, 2025)
    Threshold Award9,473 shares
    Target Award37,891 shares
    Maximum Award56,837 shares
    Performance Metrics WeightingCFVC: 40%, ROIC: 40%, RTSR: 20%
    Additional ConditionsPayable 50% in cash and 50% in shares; detailed CFVC and ROIC thresholds not provided

    Annual Cash Incentive

    MetricDetail
    Performance MetricsEPS Measure, FCF Measure, Sustainability Modifier
    Threshold$201,250 (17.5% of salary)
    Target$1,610,000 (140% of salary)
    Maximum$3,220,000 (280% of salary)
    Actual Payout$2,594,515 (226% of salary)
    EPS Targets / ResultsTarget: $5.27, Actual: $5.61
    FCF Targets / ResultsTarget: $1,915 million, Actual: $1,985 million
    Sustainability Modifier-3% adjustment applied
    Payment TypeCash-based; no vesting schedule or grant date applies
    Evaluation PeriodFiscal Year 2023