Leading provider of regulated medical waste management Stericycle, Inc ( SRCL ) recently announced a reshuffle in some of its top leadership roles for further growth. Stericycle selected Daniel V. Ginnetti, the serving Vice President of Corporate Finance, as the Chief Financial Officer effective Aug 1, 2014. Ginnetti will succeed Frank ten Brink who will continue at Stericycle as the Senior Vice President, Mergers and Acquisitions.
Ginnetti is entrusted with the responsibility of Stericycle's financial strategy and functions. He brings on board years of experience and has worked in diverse businesses. His extensive know-how regarding capital markets, operational skills and financial planning will help the company to create value for its shareholders.
With his leadership traits, expertise and experience, Daniel V Ginnetti is expected to unlock value for the company. We believe Ginnetti's sector knowledge will prove beneficial for Stericycle and augment its revenues going forward. With past experience in companies like The Ralph M. Parsons Company, Ginnetti is expected to bring transformative changes to Stericycle. He will provide valuable insight, guidance and furnish support to the company in its operational and financial objectives.
Headquartered in Lake Forest, IL, Stericycle is a leading provider of waste management and product recall and return services in the U.S. It operates a national medical waste management network that caters to medical schools, hospitals, and other healthcare providers.
Stericycle currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth considering in the industry include US Ecology, Inc. ( ECOL ), carrying a Zacks Rank #1 (Strong Buy) along with Coupons.com Inc. ( COUP ) and Sizmek Inc ( SZMK ), both carrying a Zacks Rank #2 (Buy).