Casella Waste Systems Appoints Waste Connections Veteran Damian Ribar as COO
CWST sits 31% above its 52-week low of $74.05.
Summary
Casella Waste Systems appointed Damian A. Ribar, a former Waste Connections executive, as its new Executive Vice President and Chief Operating Officer, bringing significant industry experience to a key leadership role.
Key Events · Executive and Board Changes · CWST
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New COO Appointed
Damian A. Ribar has been appointed Executive Vice President and Chief Operating Officer, effective July 20, 2026.
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Extensive Industry Experience
Mr. Ribar previously served as Division Vice President at Waste Connections, Inc. and held leadership roles at Progressive Waste Solutions, Waste Services, Inc., and Waste Management, Inc.
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Compensation Package Detailed
His compensation includes an annual base salary of $500,000, a cash bonus up to 85% of base, annual RSU and PSU awards with a combined grant date value of $800,000, and a one-time stock option for 25,000 shares.
Analysis · CWST · Energy & Transportation
Casella Waste Systems has appointed Damian A. Ribar, a seasoned executive with extensive experience from Waste Connections and other major waste management companies, as its new Executive Vice President and Chief Operating Officer. This strategic hire brings significant industry expertise to a critical operational role, potentially signaling a focus on enhancing operational efficiency and growth. His compensation package includes substantial equity awards, aligning his incentives with long-term shareholder value.
At the time of this filing, CWST was trading at $96.97 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $6.2B. The 52-week trading range was $74.05 to $116.45. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.