People: Covanta Holding Corporation (CVA)
CVA on New York Consolidated
17.31USD
9 Feb 2010
17.31USD
9 Feb 2010
Price Change (% chg)
$0.26 (+1.52%)
$0.26 (+1.52%)
Prev Close
$17.31
$17.31
Open
--
--
Day's High
$17.44
$17.44
Day's Low
$17.04
$17.04
Volume
1,453,449
1,453,449
Avg. Vol
1,299,184
1,299,184
52-wk High
$19.78
$19.78
52-wk Low
$12.47
$12.47
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Zell, Samuel | 67 | 2005 | Chairman of the Board |
| Orlando, Anthony | 49 | 2005 | President, Chief Executive Officer, Director |
| Pytosh, Mark | 44 | 2007 | Chief Financial Officer, Executive Vice President |
| Myones, Seth | 50 | 2007 | President, Americas |
| Klett, John | 62 | 2007 | Chief Operating Officer, Executive Vice President |
| Simpson, Timothy | 50 | 2007 | Executive Vice President, General Counsel, Secretary |
| Bucks, Thomas | 52 | 2005 | Vice President, Chief Accounting Officer |
| Barse, David | 46 | 2002 | Director |
| Pate, William | 45 | 2005 | Director |
| Huber, Richard | 72 | 2002 | Director |
| Yeutter, Clayton | 79 | 2002 | Director |
| Smith, Jean | 53 | 2003 | Director |
| Bynoe, Peter | 58 | 2004 | Director |
| Silberman, Robert | 51 | 2004 | Director |
| Broglio, Ronald | 68 | 2004 | Director |
| Fisher, Linda | 56 | 2007 | Director |
Biographies
| Name | Description |
|---|---|
| Zell, Samuel | Samuel Zell has served as Chairman of the Board of Covanta Holding Corp since September 2005, and had also previously served as a director from 1999 to 2004, as President and Chief Executive Officer from July 2002 to April 2004 and as Chairman of the Board from July 2002 to October 2004. Mr. Zell’s one-year term as Chairman and as a director will expire at the next annual meeting of stockholders. Mr. Zell has served as Chairman of the Board of Directors of EGI since 1999, and had been Chairman of the Board of Directors of its predecessor, Equity Group Investments, Inc., for more than five years. Mr. Zell has been the chairman and chief executive officer of Tribune Company, a media company, since December 2007. Until its sale in September 2007, Mr. Zell was a trustee and Chairman of the Board of Trustees of Equity Office Properties Trust, an equity real estate investment trust, commonly known as a “REIT,” primarily focused on office buildings, since October 1996, was its Interim President from April 2002 until November 2002 and was its and Interim Chief Executive Officer from April 2002 until April 2003. For more than the past five years, Mr. Zell has served as Chairman of the Board of Directors of Anixter International, Inc., a global distributor of electrical and cable systems; Chairman of the Board of Directors of Equity Lifestyle Properties, Inc. (previously known as of Manufactured Home Communities, Inc.), an equity REIT primarily engaged in the ownership and operation of manufactured home resort communities; Chairman of the Board of Trustees of Equity Residential Properties Trust, an equity REIT that owns and operates multi-family residential properties; and Chairman of the Board of Directors of Capital Trust, Inc., a specialized finance company. |
| Orlando, Anthony | Anthony J. Orlando has served as President and Chief Executive Officer of Covanta Holding Corp since October 2004. He has served as a director since September 2005 and is a member of the Finance Committee, the Public Policy Committee and the Technology Committee. Mr. Orlando’s one-year term as a director will expire at the next annual meeting of stockholders. Previously, Mr. Orlando had been President and Chief Executive Officer of Covanta Energy since November 2003. From March 2003 to November 2003 Mr. Orlando served as Senior Vice President, Business and Financial Management of Covanta Energy. From January 2001 until March 2003, Mr. Orlando served as Covanta Energy’s Senior Vice President, Waste-to-Energy. Mr. Orlando joined Covanta Energy in 1987. |
| Pytosh, Mark | Mark A. Pytosh was appointed as Executive Vice President and Chief Financial Officer of Covanta Holding Corporation in December 2007. Mr. Pytosh served as Senior Vice President and Chief Financial Officer since September 2006. Previously, Mr. Pytosh served as Executive Vice President from February 2004 to August 2006 and Chief Financial Officer from May 2005 to August 2006 of Waste Services, Inc., a publicly-traded integrated waste services company. Prior to his tenure with Waste Services, Inc., Mr. Pytosh served as a Managing Director in Investment Banking at Lehman Brothers where he led the firm’s Global Industrial Group, from November 2000 to February 2004. Before joining Lehman Brothers in 2000, Mr. Pytosh had 15 years of investment banking experience at Donaldson, Lufkin & Jenrette and Kidder, Peabody. |
| Myones, Seth | Seth Myones was appointed as President, Americas of Covanta Energy Corporation on November 2007, which is comprised principally of Covanta Energy’s domestic business. Mr. Myones served as Covanta Energy’s Senior Vice President, Business Management, since January 2004. From September 2001 until January 2004, Mr. Myones served as Vice President, Waste-to-Energy Business Management for Covanta Projects, Inc., a wholly-owned subsidiary of Covanta Energy. Mr. Myones joined Covanta Energy in 1989. |
| Klett, John | John M. Klett John Klett was appointed as the Executive Vice President and Chief Operating Officer of the Cavanta Holding Corporation in December 2007. Mr. Klett served as Senior Vice President and Chief Operating Officer of Covanta Energy since May 2006 and as Covanta Energy’s Senior Vice President, Operations since March 2003. Prior thereto, he served as Executive Vice President of Covanta Waste to Energy, Inc. for more than five years. Mr. Klett joined Covanta Energy in 1986. Mr. Klett has been in the energy-from-waste business since 1977. He has been in the power business since 1965. |
| Simpson, Timothy | Timothy J. Simpson has served as Executive Vice President, General Counsel, Secretary of Covanta Holding Corporation since December 2007. Mr. Simpson served as Senior Vice President, General Counsel and Secretary since October 2004. Previously, he served as Senior Vice President, General Counsel and Secretary of Covanta Energy since March 2004. From June 2001 to March 2004, Mr. Simpson served as Vice President, Associate General Counsel and Assistant Secretary of Covanta Energy. Mr. Simpson joined Covanta Energy in 1992. |
| Bucks, Thomas | Thomas E. Bucks has served as Vice President and Chief Accounting Officer of Covanta Holding Corp. since April 2005. Mr. Bucks served as Controller from February 2005 to April 2005. Previously, Mr. Bucks served as Senior Vice President — Controller of Centennial Communications Corp., provider of regional wireless and integrated communications services in the United States and the Caribbean, from March 1995 through February 2005, where he was the principal accounting officer and was responsible for accounting operations and external financial reporting. |
| Barse, David | David M. Barse has served as a director of Covanta Holding Corp since 1996 and is Chairman of the Finance Committee and a member of the Compensation Committee. Mr. Barse’s one-year term as a director will expire at the next annual meeting of stockholders. Mr. Barse served as President and Chief Operating Officer of the Company from July 1996 until July 24, 2002. Since February 1998, Mr. Barse has served as President and, since June 2003, Chief Executive Officer of Third Avenue, an investment adviser to mutual funds and separate accounts. From April 1995 until February 1998, he served as the Executive Vice President and Chief Operating Officer of Third Avenue Trust and its predecessor, Third Avenue Value Fund, Inc., before assuming the position of President in May of 1998 and Chief Executive Officer in September 2003. In 2001, Mr. Barse became Trustee of both the Third Avenue Trust and Third Avenue Variable Series Trust. Since June 1995, Mr. Barse has been the President and, since July 1999, Chief Executive Officer of MJ. Whitman, LLC and its predecessor, a full service broker dealer. Mr. Barse joined the predecessor of MJ. Whitman LLC and Third Avenue in December 1991 as General Counsel. Mr. Barse also presently serves as a Trustee of Brooklyn Law School and as a director of ACA Holdings, Inc., a public financial insurance company. |
| Pate, William | William C. Pate has served as a director of Covanta Holding Corp since 1999 and is Chairman of the Audit Committee and a member of the Finance Committee. Mr. Pate’s one-year term as a director will expire at the next annual meeting of stockholders. He was Chairman of the Board of the Company from October 2004 through September 2005. Mr. Pate is Managing Director of Equity Group Investments L.L.C. (“EGI”), a privately-held investment firm. Mr. Pate has been employed by EGI or its predecessor in various capacities since 1994. Mr. Pate also serves as a director of Exterran Holdings, Inc., a natural gas compression company. |
| Huber, Richard | Richard L. Huber has served as a director of Covanta Holding Corp since July 2002 and is a member of the Audit Committee and the Public Policy Committee. Mr. Huber’s one-year term as a director will expire at the next annual meeting of stockholders. Mr. Huber served as Chairman and the Interim Chief Executive Officer of American Commercial Lines, Inc., a marine transportation and service company (“ACL”), from April 2004 until January 2005 and continues as a director of ACL and various subsidiaries and affiliates of ACL. Mr. Huber has been Managing Director, Chief Executive Officer and Principal of the American direct investment group Norte-Sur Partners, a direct private equity investment firm focused on Latin America, since January 2001. Mr. Huber held various positions with Aetna, Inc. since 1995, including Chief Executive Officer, until February 2000. Mr. Huber has approximately 40 years of prior investment and merchant banking, international business and management experience, including executive positions with Chase Manhattan Bank, Citibank, Bank of Boston and Continental Bank. Mr. Huber is a member of the Board of Directors of Gafisa, S.A., the largest integrated residential housing developer in Brazil, AquaBounty Technologies, Inc., Viña San Rafael of Chile and several other companies in the U.S. and elsewhere in the world. |
| Yeutter, Clayton | Clayton Yeutter has served as a director of Covanta Holding Corp since July 2002 and is a member of the Public Policy Committee. Mr. Yeutter’s one-year term as a director will expire at the next annual meeting of stockholders. Mr. Yeutter is Senior Advisor to Hogan & Hartson LLP, a law firm in Washington, D.C., where he has had an international trade and agricultural law practice since 1993. From 1985 through 1991, Mr. Yeutter served in the Reagan Administration as U.S. Trade Representative and in the first Bush Administration as Secretary of Agriculture. Mr. Yeutter has served as Chief Executive Officer of the Chicago Mercantile Exchange from 1978 through 1985, as Chairman of the Board of Directors of Oppenheimer Funds, an institutional investment manager, and Chairman of the Board of Directors of Crop Solutions, Inc., a privately-owned agricultural chemical company. He presently serves as Chairman of the Board of Directors of ACL; director of America First, a privately-owned investment management company; director of Neogen Corporation, a manufacturer of testing equipment for food safety and animal health; and director of Chicago Climate Exchange, Inc., an integrated greenhouse gas emissions reduction, registry and trading system. |
| Smith, Jean | Jean Smith has served as a director of Covanta Holding Corp since December 2003 and is a member of the Audit Committee and the Nominating and Governance Committee. Ms. Smith’s one-year term as a director will expire at the next annual meeting of stockholders. Ms. Smith is currently a consultant, previous to which she served as Managing Director of Plainfield Asset Management LLC, an investment manager for institutions and high net worth individuals, since 2006. Ms. Smith previously held the position of President of Sure Fit Inc., a provider of ready-made slipcovers and related accessories, from 2004 to 2006 and was a private investor and consultant from 2001 to 2004. Ms. Smith has more than 25 years of investment and international banking experience, having previously held the position of Managing Director of Corporate Finance for U.S. Bancorp Libra and positions with Banker’s Trust Company, Citicorp Investment Bank, Security Pacific Merchant Bank and UBS Securities. |
| Bynoe, Peter | Peter C.B. Bynoe has served as a director of Covanta Holding Corp since July 2004 and is Chairman of the Nominating and Governance Committee and is a member of the Compensation Committee. Mr. Bynoe’s one-year term as a director will expire at the next annual meeting of stockholders. As of February 1, 2008, Mr. Bynoe became Managing Director of Loop Capital Markets LLC, a full-service investment banking firm based in Chicago. Mr. Bynoe also currently serves as Senior Counsel to the law firm of DLA Piper US, LLP, which he joined as a partner in 1995. Mr. Bynoe has been a principal of Telemat Ltd., a consulting and project management firm, since 1982. Mr. Bynoe is a director of Citizens Communication Corporation, a telephone, television and internet service provider. |
| Silberman, Robert | Robert S. Silberman has served as a director of Covanta Holding Corp since December 2004 and is the Chairman of the Compensation Committee and a member of the Finance Committee. Mr. Silberman’s one-year term as a director will expire at the next annual meeting of stockholders. Mr. Silberman has been Chairman of the Board of Directors of Strayer Education, Inc. since February 2003 and its Chief Executive Officer since March 2001. Strayer Education, Inc. is an education services company, whose main operating asset, Strayer University, is a leading provider of graduate and undergraduate degree programs focusing on working adults. From 1995 to 2000, Mr. Silberman held various positions, including President and Chief Operating Officer of CalEnergy Company, Inc., an independent energy producer. Mr. Silberman has also held senior positions within the public sector, including U.S. Assistant Secretary of the Army. Mr. Silberman is a member of the Council on Foreign Relations, a nonpartisan resource for information and analysis on foreign relations. |
| Broglio, Ronald | Ronald J. Broglio has served as a director of Covanta Holding Corp since October 2004 and is Chairman of the Technology Committee and a member of the Nominating and Governance Committee. Mr. Broglio’s one-year term as a director will expire at the next annual meeting of stockholders. Mr. Broglio has been the President of RJB Associates, a consulting firm specializing in energy and environmental solutions, since 1996. Mr. Broglio was Managing Director of Waste to Energy for Waste Management International Ltd. from 1991 to 1996. Prior to joining Waste Management, Mr. Broglio held a number of positions with Wheelabrator Environmental Systems Inc. from 1980 through 1990, including Managing Director, Senior Vice President - Engineering, Construction & Operations and Vice President of Engineering & Construction. Mr. Broglio served as Manager of Staff Engineering and as a staff engineer for Rust Engineering Company from 1970 through 1980. |
| Fisher, Linda | Linda J. Fisher has served as a director of Covanta Holding Corp since December 2007 and is Chair of the Public Policy Committee and a member of the Nominating and Governance Committee. Ms. Fisher’s one-year term as a director will expire at the next annual meeting of stockholders. Ms. Fisher has been Vice President, Safety, Health and Environment and Chief Sustainability Officer at E.I. du Pont de Nemours and Company since 2004. Prior to joining DuPont, Ms. Fisher was Deputy Administrator of the United States Environmental Protection Agency. Ms. Fisher also serves as a director of the Environmental Law Institute, an independent, non-partisan environmental education and policy research center, as a trustee of The National Parks Foundation, the only national charitable partner of America’s national parks, as a director of RESOLVE, a public policy dispute resolution organization, and as a director of Resources for the Future, a nonprofit, non-partisan organization that conducts independent research on environmental, energy and natural resource issues. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Zell, Samuel | 65,000 |
| Orlando, Anthony | 3,796,540 |
| Pytosh, Mark | 1,480,250 |
| Myones, Seth | 1,204,560 |
| Klett, John | 1,469,110 |
| Simpson, Timothy | 1,218,260 |
| Bucks, Thomas | 420,068 |
| Barse, David | 346,978 |
| Pate, William | -- |
| Huber, Richard | -- |
| Yeutter, Clayton | -- |
| Smith, Jean | -- |
| Bynoe, Peter | -- |
| Silberman, Robert | -- |
| Broglio, Ronald | -- |
| Fisher, Linda | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Zell, Samuel | 0 | 0 |
| Orlando, Anthony | 200,000 | 1,530,308 |
| Pytosh, Mark | 0 | 0 |
| Myones, Seth | 0 | 0 |
| Klett, John | 75,000 | 575,431 |
| Simpson, Timothy | 75,000 | 576,056 |
| Bucks, Thomas | 0 | 0 |
| Barse, David | 475,001 | 221,583 |
| Pate, William | 0 | 0 |
| Huber, Richard | 0 | 0 |
| Yeutter, Clayton | 0 | 0 |
| Smith, Jean | 0 | 0 |
| Bynoe, Peter | 0 | 0 |
| Silberman, Robert | 0 | 0 |
| Broglio, Ronald | 0 | 0 |
| Fisher, Linda | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| SILBERMAN ROBERT S | 13,334 | $17.52 |
| SILBERMAN ROBERT S | 13,334 | $12.90 |
| HOLSTEN JOSEPH M | 15,000 | $17.00 |
| BROGLIO RONALD J | 15,000 | $17.38 |
| BARSE DAVID MICHAEL | 19,425 | $17.31 |
| BARSE DAVID MICHAEL | 19,425 | $5.31 |
| SILBERMAN ROBERT S | 4,500 | $0.00 |
| BYNOE PETER C B | 4,500 | $0.00 |
| PATE WILLIAM C | 4,500 | $0.00 |
| SMITH JEAN | 4,500 | $0.00 |
| HUBER RICHARD L | 4,500 | $0.00 |
| ZELL SAMUEL | 4,500 | $0.00 |
| HOLSTEN JOSEPH M | 4,500 | $0.00 |
| YEUTTER CLAYTON K | 4,500 | $0.00 |
| BROGLIO RONALD J | 4,500 | $0.00 |
| FISHER LINDA J | 4,500 | $0.00 |
| PYTOSH MARK | 10,000 | $13.95 |
| BARSE DAVID MICHAEL | 19,000 | $5.31 |
| BARSE DAVID MICHAEL | 19,000 | $14.30 |
| SIMPSON TIMOTHY J | 5,055 | $13.77 |
| BUCKS THOMAS E | 1,509 | $13.77 |
| MYONES SETH | 4,407 | $13.77 |
| KLETT JOHN M | 5,218 | $13.77 |
| ORLANDO ANTHONY J | 13,102 | $13.77 |
| PYTOSH MARK | 6,340 | $13.77 |
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