Wheelabrator brings new energy to the top

HAMPTON, N.H. – Wheelabrator Technologies Inc. has announced that Robert “Bob” C. Boucher Jr. will be the new president and CEO, effective Monday.Boucher succeeds Mark A. Weidman, who is retiring after 25 years with the company. Weidman has been critical to building the Wheelabrator business, including under Waste Management’s ownership, in the U.S., the U.K. and other international markets.Weidman will remain with Wheelabrator in a consulting role to ensure a smooth transition with the company’s customers, partners and communities.Headquartered in Hampton, N.H., Wheelabrator creates clean, renewable energy from residential and business waste. It has a platform of 16 energy-from-waste facilities, including one in Saugus; four independent power-producing facilities, four ash monofills and three waste transfer stations.Wheelabrator has an annual waste processing capacity of over 8.1 million tons, and a total combined electric generating capacity of 836 megawatts – enough energy to power more than 805,000 homes.Wheelabrator facilities also recover metals from ash for recycling into commercial products. It is owned by Energy Capital Partners, an energy-focused private equity firm with over $13 billion in capital commitments, and offices in Short Hills, N.J., Houston and San Diego.”We thank Mark for his leadership and dedicated service to Wheelabrator,” said board chairman and Energy Capital Partners (ECP) partner Tyler Reeder. “He has driven a best-in-class operating culture that permeates all Wheelabrator facilities and teams. Mark also led the company’s successful international expansion, leaving behind the nearly complete, state-of-the-art Ferrybridge energy-from-waste facility and a strong development pipeline in the U.K.”Boucher was previously the CEO and executive director of Transpacific Industries Group Ltd., a publicly traded waste management business in Australia. Prior to Transpacific, Boucher worked across the U.S. waste management industry for more than 20 years, serving in senior executive positions with Republic Services, Inc. and Synagro Technologies, Inc., and management roles with Waste Management and American Waste Systems.”Bob’s extensive waste industry experience and track record of commercial success in growing and managing large disposal businesses complements ECP’s electricity and risk management focus. We look forward to partnering with him,” said Reeder.”I am excited to be joining such a talented and entrepreneurial team. I have long respected Wheelabrator’s operations and attractive asset base,” said Boucher. “The Wheelabrator team has created a leading energy-from-waste business in the U.S. and positioned the company for growth in the U.K. Together, I look forward to continuing the world-class environmental services and operations for the benefit of our customers and communities.”