Republic Services appoints Ian Craig to board of directors

Phoenix-based Republic Services Inc. has appointed Coca-Cola FEMSA CEO Ian Craig to its board of directors. The company’s board now consists of 13 members, including 12 independent directors.

Coca-Cola FEMSA, headquartered in Mexico City, operates in 10 countries with $16 billion in annual revenue and a market capitalization of $23 billion. Republic notes that under Craig’s leadership, Coca-Cola FEMSA has accelerated its digital transformation and sustainability initiatives, including driving renewable energy use its plants and implementing plastic bottle collection programs.

“Ian brings exceptional international business experience and a strong track record of operational excellence to our board,” says Manny Kadre, chairman of the board at Republic Services. “His expertise in digital transformation and sustainability initiatives aligns perfectly with Republic’s commitment to environmental stewardship and innovation.”

Prior to becoming CEO in 2023, Craig held numerous leadership positions at Coca-Cola FEMSA including chief operating officer for Brazil and Argentina and various financial leadership roles. Throughout his career, Craig led more than $7 billion in mergers and acquisitions across Latin America.

“Ian’s proven ability to drive growth in complex markets and his focus on sustainability initiatives will be invaluable as we continue to expand our business,” says Michael Larson, Republic Services board member and chair of the Nominating and Corporate Governance Committee. “His perspective on building digital platforms and implementing AI-enabled capabilities will help advance our strategic priorities.”