American Ecology Appoints Thomas Volini to Board of Directors; Board of Directors Also Accept Resignation of Jack Lemley.Business Editors BOISE, Idaho--(BUSINESS WIRE)--Nov. 6, 2001 American Ecology Corporation (Nasdaq:ECOL ECOL es.comp.os.linux.* (newsgroups) ECOL Emmanuel Church of Lakewood (San Francisco, CA) ) today announced the appointment of Thomas A. Volini to the Company's Board of Directors. "Tom Volini brings a wealth of successful experience in the waste industry to our Board," commented American Ecology President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Steve Romano. "Tom's experience as a senior executive and Director of other publicly held environmental companies is a further, significant benefit to American Ecology and its shareholders," Romano added. Volini currently serves as Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Town & Country Utilities, Inc. and President of Midwestern Electric, Inc. He previously served as Chairman of the Board and Chief Operating Officer of Continental Waste Industries, Inc., a public solid waste and environmental services firm. Volini has also served as an Officer and Director of Metropolitan Waste System, Inc., and as President of E & E Hauling, Inc. and American Environmental Construction Company, a large Midwest regional solid waste remedial construction, demolition and trucking company. Earlier, he was Vice President of numerous subsidiaries of Waste Management of North America. Volini received his Bachelor's degree from the University of Notre Dame and a Law degree from Loyola University of Chicago Loyola University of Chicago, at Chicago; Jesuit; coeducational; est. 1870 as St. Ignatius College, present name adopted 1909. It has a liberal arts college and a graduate school, as well as schools of medicine, dentistry, nursing, social work, law, business . The American Ecology Board of Directors also today accepted the resignation of Jack K. Lemley from the Board. Lemley had served as Chairman of the Board since 1995. Ed Heil, the company's largest shareholder, continues to serve as Chairman of the Board's Executive Committee. American Ecology Corporation, through its subsidiaries, provides radioactive, PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. , hazardous and non-hazardous waste services to commercial and government customers throughout the United States, such as nuclear power plants, medical and academic institutions, steel mills and petro-chemical facilities. Headquartered in Boise, Idaho, the Company is the oldest radioactive and hazardous waste Hazardous waste Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes. services Company in the United States. This press release contains forward-looking statements that are based on our current expectations, beliefs, and assumptions about the industry and markets in which American Ecology Corporation and its subsidiaries operate. No assurance can be given that the Company can successfully implement its growth strategy, generate future earnings, or prevail in pending litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . For information on factors that could cause actual results to differ from expectations, please refer to American Ecology Corporation's Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission. |
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