Valet Waste Announces new Chairman of the Board and CEO

TAMPA, Fla., Dec. 20, 2012 /PRNewswire/ -- Valet Waste announces Michael Ferris to become Chairman and Shawn Handrahan to become CEO effective January 2, 2013.

(Photo: http://photos.prnewswire.com/prnh/20121220/CL32816 )

Valet Waste, the national leader in multifamily doorstep services announced today that Michael Ferris, the founder and current CEO, will become Chairman of the Board and Shawn Handrahan, the current President, will become CEO. 

Both appointments will be effective on January 2, 2013. Michael Ferris founded Valet Waste sixteen years ago and has served as its CEO since that time.  During his tenure he has led Valet's growth from a start-up to a full scale national service provider with operations in 27 states employing over 1,500 associates nationwide.   

"I am honored to accept the appointment of Chairman and look forward to working more closely with our customers and our industry's leaders as Valet continues setting the bar for service excellence," said Mr. Ferris.  "In launching Valet Waste sixteen years ago I had a vision to create the premier provider of doorstep services to the multifamily industry.  I am very pleased to now announce Shawn as our new CEO. He and our talented team of executives have done a great job driving our innovation as we strengthen and scale our commitment to our customers.  Our momentum is building as we partner ever more closely with the industry during a very exciting time for all of us," said Ferris.   

Shawn Handrahan joined Valet Waste in 2012, after more than a decade serving the multifamily industry with HD Supply Facilities Maintenance. While at HD Supply he held various leadership roles, most recently as Vice President – Multifamily.  Prior to that, Shawn spent 7 years with Konica Business Technologies, USA in various leadership positions.

"Upon arrival at Valet Waste 10 months ago I was immediately struck by the organization's level of knowledge, talent, and commitment. The entire team truly cares about providing the best possible service to our multi-family partners. I consider it an honor to be chosen to lead them into a successful future," said Handrahan. "Valet Waste has a compelling value proposition, a solid reputation and an increasing relevance for our customers and partners. We are well-positioned to lead the industry as we continue to expand our offerings and national footprint," he said.

About Valet Waste

Offering unparalleled service since 1995, Valet Waste has revolutionized the way waste and recyclables are collected and managed at more than 450,000 apartment homes nationwide. As the only national provider of 5 nights a week doorstep waste and recycling collection, our # 1 resident voted amenity adds tremendous value to apartment community staff and residents. Please visit www.valetwaste.com for more information.

Valet Waste is a portfolio company of New Mountain Capital, a growth private equity firm located in New York City. www.newmountaincapital.com

Contact: Anne Kunick
Valet Waste
Phone : 813-248-1327

SOURCE Valet Waste

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