Enviri Corporation Appoints Tom Vadaketh as Senior Vice President and CFO

Enviri Corporation (NYSE: NVRI), headquartered in Philadelphia, Pennsylvania, has announced the appointment of Tom Vadaketh as Senior Vice President and Chief Financial Officer, effective from October 16, 2023. Mr. Vadaketh will succeed Pete Minan, who previously announced his retirement and has been serving as the Interim CFO.

Vadaketh brings over 30 years of financial experience to Enviri, having most recently served as CFO of Bausch Health, a prominent pharmaceutical and medical aesthetics company with a $4.5 billion market value. He began his career at Deloitte & Touche and held senior financial positions in various countries at Procter & Gamble and Tyco International. Mr. Vadaketh has also served as CFO for several public and private businesses.

Nick Grasberger, Chairman and CEO of Enviri Corporation, stated, “Tom is an experienced CFO who has led large, highly complex financial organizations with expertise in driving growth and transformation. I am pleased to welcome Tom to Enviri, and I am confident that his financial acumen, cross-functional collaboration skills, and positive leadership style will be a great fit for us as we reshape ourselves into a global, market-leading environmental solutions company.” Grasberger also expressed his gratitude to Pete Minan for his contributions as Interim CFO during a challenging year in 2022, noting the company’s strengthened position.

Tom Vadaketh commented, “I am excited to join Enviri at a pivotal moment as the company delivers critical environmental solutions for complex industrial and specialty waste streams. Enviri has a deep-rooted history in industrial progress, which resonates with my background, and I look forward to working with the team to drive growth and create value for shareholders and our global customer base.”

Vadaketh is a Chartered Accountant (ACA) from the Institute of Chartered Accountants in England and Wales and a Certified Public Accountant in the United States. He holds an MBA from the University of Manchester (UK).

Enviri is a trusted global leader in environmental services and innovative solutions, dedicated to transforming the world towards sustainability, and operates in more than 150 locations across over 30 countries.

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