Company Overview - Enviri Corporation is a leading provider of environmental solutions for industrial waste streams, focusing on integrated services and value-added products for metals manufacturers and waste generators [5] - The company operates under a dual-segment model, emphasizing long-term contracts and resource recovery, positioning itself as a key player in sustainable waste management and recycling [5] - Enviri serves various sectors, including iron, steel, and metals manufacturers, as well as clients requiring hazardous and non-hazardous waste processing and recycling both domestically and internationally [5] Financial Performance - Enviri reported trailing twelve months (TTM) revenue of $2.2 billion, with a net income of -$162.8 million [4] - The company's stock price as of the latest market close was $17.40, reflecting a 143% increase over the past year, significantly outperforming the S&P 500, which rose by 11% during the same period [3][4] - The adjusted EBITDA for the latest quarter fell to $74 million from $85 million a year earlier, and full-year guidance was revised down to a range of $268 million to $278 million [8] Recent Developments - Vision One Management Partners disclosed a new stake in Enviri Corporation, acquiring 436,911 shares valued at approximately $5.5 million, which represents 3.5% of the fund's $158.9 million in reportable U.S. equity assets [2] - The fund's investment in Enviri is seen as a high-conviction addition during a pivotal time for the company, which is undergoing operational and strategic transitions [6][9] - Enviri's third-quarter results indicated steady revenue but continued GAAP losses and tightening margins, as management navigates divestitures and a strategic alternatives process [6]

Core Viewpoint - Casella Waste Systems, Inc. announces a leadership transition with John W. Casella moving from CEO to Executive Chairman, and Ned Coletta appointed as the new CEO effective January 1, 2026 [1][2][4] Leadership Transition - John W. Casella has been with the company since its founding in 1976 and has played a crucial role in its growth into a leading waste management company in the eastern United States [2][3] - Ned Coletta, who joined the company in December 2004, has held various leadership roles and is well-prepared to lead the company into its next phase of growth [3][4] Company Background - Casella Waste Systems, Inc. is headquartered in Rutland, Vermont, and provides resource management services including solid waste collection, disposal, recycling, and organics services primarily in the eastern United States [5]