Republic Services’ Huizenga to Retire
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Trash hauler Republic Services Inc. said H. Wayne Huizenga, 64, would retire as chairman, effective Dec. 31, and be replaced by the company’s chief executive.
Republic Services named James E. O’Connor, 53, chairman-elect, effective immediately. Huizenga will remain a member of the company’s board.
Huizenga co-founded Waste Management Inc., the world’s largest waste-collection company. He also has owned Blockbuster Inc. and the Florida Marlins. Huizenga owns the Miami Dolphins football team and is chairman of AutoNation Inc., the largest U.S. retailer of new and used vehicles.
Shares of Republic Services, based in Fort Lauderdale, Fla., fell 5 cents to $19.25 on the NYSE.
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