Weston Solutions announces the departure of its CFO at the end of the year | Business
WEST WHITELAND – Vincent A. Laino will step down as CFO of Weston Solutions Inc.
Laino, who served as CFO for the Chester County-based environmental and infrastructure support services company since 2001, will retire on December 31, 2021. A new CFO has yet to be appointed. appointed.
Laino will continue to serve as an outside director on the Company’s Board of Directors and will assume the role of Chairman of the Audit Committee in January 2022, upon the retirement of George MacKenzie Jr.
“My career at Weston has been extremely rewarding. I have had the opportunity to work with so many great people and for a company that makes a strong contribution to the communities we live in, ”Laino said in a statement.
Laino’s retirement coincides with the establishment of a new management team at Weston announced in June, including the appointment of Lawrence J. Bove as CEO effective January 1, 2022.
“Vince has been a great mentor to me throughout my career at Weston. With his guidance and assistance, a new CFO will be in place before the end of the year to serve in the tradition established by Vince, ”Bove said in a statement.
Laino began his career with Weston in 1988. In 1992 he was appointed CIO and in 2001 he was appointed CFO of Weston. During his tenure with the company, Laino was instrumental in managing the company’s transition from a public to private capital structure, as well as moving the company to 100%. employee shareholding in 2003. More recently, he successfully optimized the company’s shareholding and capital structure, according to a press release announcing his retirement.
Weston Solutions Inc. is a 100% employee-owned environmental and infrastructure support services company based in West Whiteland, Chester County. Weston Solutions operates in 32 states from 25 main offices, project offices and remote work assignments, with more than 1,000 employees.