US Ecology Announces Senior Management Changes

US Ecology Announces Senior Management Changes 
BOISE, ID -- (Marketwire) -- 10/29/12 --  US Ecology, Inc. (the
"Company") (NASDAQ: ECOL) today announced that the Company and James
R. Baumgardner, President, Chief Executive Officer and Chief
Operating Officer agreed on October 25, 2012 that Mr. Baumgardner's
employment with the Company will terminate. Baumgardner also resigned
from the Board of Directors of the Company (the "Board"). "Our Board
appreciates Jim's past efforts and dedicated service to US Ecology
and wishes him the best in his future endeavors," stated Board
Chairman Stephen A. Romano. There are no current plans to fill the
vacated Board seat. 
Also effective October 25, 2012, the Board appointed Jeffrey R.
Feeler Acting President and Chief Operating Officer. Feeler formerly
served as Vice President, Chief Financial Officer and Treasurer. "Our
Board has great confidence in Jeff's ability to lead the Company and
execute the Company's longstanding growth strategy based on his
knowledge of the business, his central role in recent acquisitions
and his outstanding communication and leadership skills. We
anticipate a seamless transition given Jeff's involvement as a senior
executive for the last six years and his close working relationship
with the rest of our seasoned management team and our Board. The
current executive management team has been together for over five
years and we have every confidence that they will continue to
deliver," Romano commented.  
"I'm excited about the opportunity to lead what I consider to be the
strongest team and best set of unique assets in our industry," Feeler
commented. "The Company is performing well on all fronts and we are
positioned to drive record results in 2012 and beyond."  
Romano will assume an expanded role as Chairman to support Feeler and
his team. "I will be actively engaged providing guidance and
support," Romano noted. Romano served as the Company's Chief
Executive Officer from 2002 through 2009 after previous service as
President and Chief Operating Officer, President of the Company's
Idaho subsidiary and Vice President for development and regulatory
affairs from 1998 to 2002. 
Feeler, who joined the Company in 2006 as Vice President, Chief
Accounting Officer, Treasurer and Controller, was promoted in 2007 to
Vice President and Chief Financial Officer. Prior to 2006, he held
financial and accounting management positions with MWI Veterinary
Supply, Inc., Albertson's, Inc., Hewlett-Packard Company and
PricewaterhouseCoopers LLP. Feeler is a Certified Public Accountant
and holds a BBA in Finance and a BBA in Accounting from Boise State
University. 
As part of the Company's reorganization, Vice President and
Controller Eric L. Gerratt was appointed Acting Chief Financial
Officer and Treasurer, and Chief Accounting Officer effective October
25, 2012. "Eric's 15 years of financial and business management
experience, including over five years as a key contributor on US
Ecology's executive team, make him a perfect fit for his expanded
role," Feeler commented.  
Gerratt joined the Company in August 2007 as Vice President and
Controller. He previously held financial and accounting management
positions at SUPERVALU, Inc., Albertson's, Inc. and
PricewaterhouseCoopers LLP. Gerratt is a Certified Public Accountant
and holds a BS in Accounting from the University of Idaho. 
The Board of Directors will evaluate the effectiveness of the new
management structure over time prior to determining if it is in the
best interests of the Company and its shareholders to make these
positions permanent or supplement the team with additional executive
level talent. 
Conference Call
 As previously announced, US Ecology, Inc. is
scheduled to hold an investor conference call at 9 a.m. Eastern
Daylight Time (7 a.m. Mountain Daylight Time) on October 30, 2012.
Chairman Romano will join Feeler and other members of the management
team to discuss recent management changes, third quarter 2012
financial results and the Company's business outlook. Questions will
be invited after our presentation. Interested parties can join the
conference call by dialing 866-700-6293 or 617-213-8835 and using
passcode 20083109. The conference call will also be broadcast live on
the Company's website at www.usecology.com.  
About US Ecology, Inc.
 US Ecology, Inc., through its subsidiaries,
provides radioactive, hazardous, PCB and non-hazardous industrial
waste management and recycling services to commercial and government
entities, such as refineries and chemical production facilities,
manufacturers, electric utilities, steel mills, medical and academic
institutions and waste brokers. Headquartered in Boise, Idaho, the
Company is one of the
 oldest radioactive and hazardous waste services
companies in the North America. 
This press release contains forward-looking statements as defined in
the Private Securities Litigation Reform Act of 1995 that are based
on our current expectations, beliefs and assumptions about the
industry and markets in which US Ecology, Inc. and its subsidiaries
operate. Because such statements include risks and uncertainties,
actual results may differ materially from what is expressed herein
and no assurance can be given that the Company will achieve its 2012
earnings estimates, successfully execute its growth strategy,
increase market share, or declare or pay future dividends. For
information on other factors that could cause actual results to
differ materially from expectations, please refer to US Ecology,
Inc.'s December 31, 2011 Annual Report on Form 10-K and other reports
filed with the Securities and Exchange Commission. Many of the
factors that will determine the Company's future results are beyond
the ability of management to control or predict. Readers should not
place undue reliance on forward-looking statements, which reflect
management's views only as of the date such statements are made. The
Company undertakes no obligation to revise or update any
forward-looking statements, or to make any other forward-looking
statements, whether as a result of new information, future events or
otherwise. Important ass
umptions and other important factors that
could cause actual results to differ materially from those set forth
in the forward-looking information include a loss of a major customer
or contract, compliance with and changes to applicable laws, rules,
or regulations, access to cost effective transportation services,
access to insurance, surety bonds and other financial assurances,
loss of key personnel, lawsuits, labor disputes, adverse economic
conditions, government funding or competitive pressures, incidents or
adverse weather conditions that could limit or suspend specific
operations, implementation of new technologies, market conditions,
average selling prices for recycled materials, our ability to replace
business from recently completed large projects, our ability to
perform under required contracts, our ability to permit and contract
for timely construction of new or expanded disposal cells, our
willingness or ability to pay dividends and our ability to
effectively close and integrate future acquisitions.  
Investors should also be aware that while we do, from time to time,
communicate with securities analysts, it is against our policy to
disclose to them any material non-public information or other
confidential commercial information. Accordingly, stockholders should
not assume that we agree with any statement or report issued by any
analyst irrespective of the content of the statement or report.
Furthermore, we have a policy against issuing or confirming financial
forecasts or projections issued by others. Thus, to the extent that
reports issued by securities analysts contain any projections,
forecasts or opinions, such reports are not the responsibility of US
Ecology, Inc. 
Contact:
Alison Ziegler
Cameron Associates
(212) 554-5469
alison@cameronassoc.com
www.usecology.com 
 
 
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