ReCommunity Recycling, a Charlotte, N.C.-based recycling firm, has appointed James Devlin its new CEO, effective March 4. Devlin has extensive experience in the waste management industry, including his previous experience as CEO of Thermo Fluids Inc., a company involved in the waste oil collection and processing sector. He will focus on developing and implementing ReCommunity’s strategy to broaden its reach within existing markets, enter into new geographic markets and expand its product offerings.
“We’re very excited about attracting an executive of James’ caliber who has a proven track record of growing the businesses he leads. His significant relevant experience and knowledge of the recycling and recovery sector will be particularly valuable,” says Craig Cogut, chairman of ReCommunity’s board of directors and managing partner at Pegasus Capital Advisors, a private equity firm that is one of the financial backers of ReCommunity. “The board also appreciates the efforts by all during this transition period, and we have full confidence in the partnership that James has already forged with the entire senior management team as we look to accelerate the geographic growth of ReCommunity as well as continue to expand our waste recovery and conversion technologies.”
“It is rare that you are asked to head a company that is already a leader in its industry and has a strong management team with established deep relationships with municipalities, and I truly appreciate this unique opportunity,” says Devlin in a release. “There is power in ReCommunity’s ability to reposition waste as a strategic community resource instead of a growing liability while moving toward a zero-waste society. Some of our municipal partners are already generating additional revenue, recovering community-owned resources, creating new jobs, funding budget shortfalls and reducing their carbon footprint.”
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