Covanta Names Alcoa's Veronica Hagen to Board of Directors.Business Editors FAIRFIELD, N.J.--(BUSINESS WIRE)--June 14, 2001 Covanta Energy Corporation (NYSE NYSE See: New York Stock Exchange : COV COV Composés Organiques Volatiles (French) COV Compuestos Orgánicos Volátiles (Spanish: Volatile Organic Compounds) COV Coefficient of Variation COV City of Villians (game) ) today announced that its Board of Directors has elected Veronica M. Hagen, President of Alcoa Inc.'s (NYSE: AA) Engineered Products business unit, as a Director. Hagen will fill a vacancy on the Board for a term expiring in 2002. George L. Farr, Chairman of the Board of Directors, said, "I'm very pleased to welcome Veronica Hagen to the Board and look forward to her contributions and insight. Her experience in both operating and financial management, and her focus on shareholder value, make her an important addition to our team." Scott G. Mackin, President and Chief Executive Officer of Covanta and a member of the Company's Board of Directors, said, "We're fortunate to complement our Board with Veronica's broad business experience. Veronica will be an important adviser to me and to the Company, and I am looking forward to working with her." Hagen, 55, who joined Alcoa in 1998 as an executive vice president, became President of Alcoa Engineered Products in 1999. She was the first woman appointed to serve as President of one of Alcoa's Business Units. In that position, Ms. Hagen oversees the manufacture and sale of aluminum extruded solid and tubular products to the automotive, commercial transportation, distribution, consumer and industrial markets. Hagen served as Executive Vice President, Distribution and Industrial Products at Alumax, Inc. from 1996 to 1998 with responsibilities including sales, marketing, finance and logistics for a newly merged company. From 1981 to 1996, she was President and Owner of Metal Sales Associates, the leading sales agency for ferrous and nonferrous metals in the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . Hagen is a past member of the Board of Visitors for the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). Graduate School of Management. She is a member of the National Association of Aluminum Distributors and a founding member of the Association of Women in Metals Industry, as well as a member of the Committee of 200, an organization of women business executives recognized as leaders in their industries. She holds a Bachelor's degree in International Relations international relations, study of the relations among states and other political and economic units in the international system. Particular areas of study within the field of international relations include diplomacy and diplomatic history, international law, from the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission . Covanta Energy Corporation is an internationally recognized designer, developer, owner and operator of power generation projects and provider of related infrastructure services. The Company's independent power business develops, structures, owns, operates and maintains projects that generate power for sale to utilities and industrial users worldwide. Its waste-to-energy facilities convert municipal solid waste “Municipal waste” redirects here. For other uses, see Municipal waste (disambiguation). Municipal solid waste (MSW) is a waste type that includes predominantly household waste (domestic waste) with sometimes the addition of commercial wastes collected by a into energy for numerous communities, predominantly in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company also offers single-source design/build/operate capabilities for water and wastewater treatment infrastructures. Additional information about Covanta can be obtained via the Internet at www.covantaenergy.com, or through the Company's automated information system The term automated information system means an assembly of computer hardware, software, firmware, or any combination of these, configured to accomplish specific information-handling operations, such as communication, computation, dissemination, processing, and storage of at 866-COVANTA (268-2682). |
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