Core Viewpoint - GFL Environmental Inc. has relocated its executive headquarters from Vaughan, Ontario to Miami Beach, Florida, while maintaining its jurisdiction of incorporation in Ontario, Canada [1][6]. Group 1: Relocation Details - The relocation aims to broaden GFL's eligibility for participation in U.S. equity indices, enhancing visibility with investors and potentially increasing the shareholder base [2][6]. - The United States now accounts for over two-thirds of GFL's revenue, with more than half generated in the rapidly growing Southeastern region [3]. Group 2: Strategic Implications - The move is expected to improve GFL's ability to attract skilled talent from the U.S. labor market, aligning with its expanding presence in the U.S. [3]. - GFL will continue to maintain shared services hubs in Vaughan, Ontario, and Raleigh, North Carolina, ensuring operational continuity [3]. Group 3: Company Overview - GFL is the fourth largest diversified environmental services company in North America, providing comprehensive solid waste management services across Canada and 18 U.S. states [3]. - The company employs over 15,000 individuals, reflecting its significant operational scale [3].
GFL Announces Relocation of Headquarters to U.S. to Support Enhanced Global Shareholder Ownership