Republic Services Inc., Phoenix, has announced that after 23 years with the company, Charles "Chuck" Serianni will retire. Serianni is currently the executive vice president and chief financial officer (CFO) and will retire as of June 1, 2021.
Serianni, 58, will be succeeded by Republic’s current Executive Vice President and Chief Transformation Officer Brian DelGhiaccio, 47. Until next year, Serianni will remain a special advisor to the CEO and help DelGhiaccio with the transition.
"On behalf of the entire board and management team, I thank Chuck for his leadership over his more than two-decade career at Republic Services," CEO Donald W. Slager says. "Since his appointment to CFO nearly six years ago, Chuck has played an important role executing our strategic plan and delivering superior returns to our shareholders. We thank Chuck for his numerous contributions and wish him well in his retirement."
DelGhiaccio joined Republic Services back in 1988 and has worked across the finance organization, investor relations, accounting and risk management. Currently, he handles the accountability of the company’s operating standards and develops strategic initiatives. He also leads the information technology, cyber security and data management departments. He has a bachelor's degree in finance and accounting from the University of Arizona and is a certified public accountant.
"Brian is a proven member of our leadership team and has a deep understanding of our business objectives that drive long-term growth and shareholder value. His broad financial experience, deep business acumen and successful tenure at Republic position him and the Company for continued success," Slager says. "This appointment reflects Republic's ongoing commitment to cultivating talent, ensuring continuity of leadership, building strong teams, and managing our business to ensure stability and durability. I have tremendous confidence in Brian's ability to lead and provide counsel as we continue to innovate, drive superior financial performance and create increased value for shareholders."