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Jon Vander Ark

President and Chief Executive Officer at REPUBLIC SERVICES
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

AH
Amanda Hodges
Executive Vice President, Chief Marketing Officer
BAB
Brian A. Bales
Executive Vice President, Chief Development Officer
BMD
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

Interviews

Republic Services CEO Jon Vander Ark: We've moved from a waste company to a sustainability company thumbnail

Republic Services CEO Jon Vander Ark: We've moved from a waste company to a sustainability company

CNBC Television
5:15 min
Feb 28, 2024
Republic Services CEO on waste management demand, electrification push and impact of AI thumbnail

Republic Services CEO on waste management demand, electrification push and impact of AI

CNBC Television
5:03 min
Oct 15, 2024
Vander Ark Podcast | Bloomberg Businessweek thumbnail

Vander Ark Podcast | Bloomberg Businessweek

Bloomberg Podcasts
16:56 min
Aug 24, 2023
Republic Services' CEO on growing forward integration into renewable energy thumbnail

Republic Services' CEO on growing forward integration into renewable energy

CNBC Television
4:25 min
Aug 22, 2023