Longtime Stericycle CEO Miller to step down

Longtime Stericycle CEO Miller to step down
Feb. 14 — Stericycle Inc.´s longtime CEO Mark Miller is stepping aside and will become the company´s executive chairman, the medical-waste giant has announced.

Miller, who has been CEO for 20 years, will become the company’s executive chairman starting on Jan. 1, 2013. Charles A. Alutto, current president of Stericycle USA will succeed Miller as CEO, the company announced.

“The decision to transition the CEO position to Charlie and for me to continue as executive chairman was planned and coordinated with the full consensus and support of the executive team and the board,” Miller said in a statement. “I remain firmly committed to Stericycle and plan to remain an active member of the management team for years to come.”

Miller first joined the company as CEO in 1992. Alutto came to the company in 1997. Alutto has more than 23 years of experience in healthcare waste and compliance services, the company said.

“Mark has grown Stericycle from a small start-up company to a worldwide leader dedicated to protecting people and reducing risk for our customers worldwide,” Alutto said in a statement. “Our corporate culture built around our customers, employees and shareholders is a direct result of Mark´s leadership and vision.”

Stericycle, the largest manager of medical waste in the country, recently announced 2011 earnings, saying the company brought in $ 1.67 billion in revenues, up from $ 1.43 billion in 2010.

You can reach Waste & Recycling News reporter Jeremy Carroll at jcarroll@crain.com or 313-446-6780.

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