Highest-materiality recent filing
Former Enviri stockholders received $15.00 per share in cash for Clean Earth plus 1 share of New Enviri for every 3 shares held.
Enviri sets June 1 for Clean Earth sale ($15/share) and Harsco spin-off (1:3 ratio)
Clean Earth sale to Veolia closes June 1, 2026; Enviri stockholders receive $15.00 per share in cash at closing.
Enviri shareholders approve $3.04B sale of Clean Earth to Veolia; spin-off on track
99.54% of votes cast approved Clean Earth sale to Veolia for $3.04B cash.
Enviri supplements proxy for Clean Earth sale; adds deal process, forecasts, and CEO plans
Shareholder lawsuits filed in NY state court alleging omission of material info in proxy; corporation denies merit but voluntarily supplements.
Enviri accelerates PSUs for CEO and NEOs as part of Clean Earth sale to Veolia
CEO Grasberger receives accelerated vesting of 432,920 (2024) and 630,766 (2025) PSUs effective Dec 17, 2025.
Enviri sells Clean Earth to Veolia for $3.04B, plans spin-off of Harsco businesses to shareholders
Cash consideration of $14.50-$16.50 per share plus 0.33 shares of New Enviri per Enviri share.
Enviri explores strategic alternatives including potential sale of Clean Earth business
Board authorized formal process to evaluate value creation alternatives; tax-efficient sale or separation of Clean Earth is a key option.
Enviri auditor PwC declines re-election for FY2025 over fee expectations
PwC notified Audit Committee on Nov 22, 2024 it would not participate in RFP and not stand for re-election as auditor for FY2025.
Enviri refinances credit facility: $625M new revolver due 2029, leverage covenant step-down to 4.00x
Entered Amendment No. 14, obtaining $625M new revolving credit commitments maturing Sept 2029; retained $50M existing commitments maturing March 2026.
Enviri Q2 2024: GAAP net loss $11.2M; adjusted EBITDA $102.9M, reaffirms FY guidance
Revenue $595M (-1% YoY); GAAP diluted loss per share $0.14 vs. prior year income of $0.17.
Enviri Q3 rev $525M (+8%), adj EBITDA $79M (beat guide); raises FY adj EBITDA view to $282-289M
GAAP operating income $30M flat; GAAP diluted EPS -$0.11 vs $0.01; adjusted EPS $0.05 vs $0.10 prior year.
Enviri appoints Tom Vadaketh as CFO effective Oct 16, 2023, succeeding retiring Pete Minan
Vadaketh most recently CFO of Bausch Health ($4.5B pharma/medical aesthetics) with 30+ years experience.
Enviri Q2 adj EBITDA $78M beats guidance; raises FY outlook to $270-285M
Q2 revenues $520M (+8% YoY); GAAP operating income $24M.
Albert Russell Mitchell Jr.'s service as COO of Harsco Environmental ends effective September 1, 2023.
Harsco Q1 adj EBITDA $63M beats guidance; FY23 outlook raised to $260-275M
Q1 revenue $496M (+9% YoY); GAAP operating income $29M vs $8M a year ago.
Harsco Q4 adjusted EBITDA $61M beats guidance; 2023 outlook $240-260M
Q4 revenue $468M (+1% YoY, +6% ex-FX); GAAP operating income $2M; adjusted EBITDA $61M vs guidance $47-54M.
Harsco Q3 adjusted EBITDA $70M beats guidance; raises FY2022 outlook
Revenue $487M (+4% YoY); GAAP EPS $0.01, adjusted EPS $0.10.
Harsco CFO Anshooman Aga resigns; Pete Minan named interim CFO effective Aug. 29, 2022
Anshooman Aga resigns as SVP & CFO effective Aug. 24, 2022, to pursue employment elsewhere; no disagreement on strategy or disclosures.
Harsco Q2 adjusted EPS $0.01 vs $0.20; cuts FY22 adjusted EBITDA guide to $210-220M
Q2 revenues $481M (+3% YoY); GAAP loss $1.34/share includes $105M Clean Earth goodwill impairment.
Q2 2022 expected GAAP operating loss of $95M-$97M including ~$100M non-cash goodwill impairment for Clean Earth
Harsco closes $150M AR securitization with PNC; $120M drawn, $2M annual interest savings
Facility capacity $150M; initial draw ~$120M provides immediate liquidity and reduces leverage under senior credit agreement.
Harsco CHRO resigns; ex-group president Stanton gets separation deal with $355k in payments
Wendy Livingston, SVP & CHRO, departing June 10, 2022 to pursue opportunities closer to family.
The Board of Directors has nominated Nicholas C. Fanandakis, 68, to stand for election to the Board at the Annual Meeting for a term expiring at the Company’s 2026 Annual Meeting of Stockholders.
David C. Everitt and Phillip C. Widman have informed the Company that they will not stand for reelection as directors of the Company at the Company’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”) and will retire from the Company’s Board of Directors (the “Board”) in connection with the Annual Meeting.
David C. Everitt and Phillip C. Widman have informed the Company that they will not stand for reelection as directors of the Company at the Company’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”) and will retire from the Company’s Board of Directors (the “Board”) in connection with the Annual Meeting.
On September 18, 2023, Enviri Corporation (the “Company”) announced Mr. Tom G. Vadaketh will be appointed as Senior Vice President and Chief Financial Officer, effective October 16, 2023.
Mr. Vadaketh will succeed Mr. Peter Minan, who previously announced plans to retire and has been serving as the Company’s Interim Senior Vice President and Chief Financial Officer.
On August 14, 2023, Enviri Corporation (the “Company”) announced that Kathy G. Eddy, after reaching the Company’s mandatory retirement age for directors, will retire as a member of its Board of Directors effective immediately.
On July 11, 2023, Enviri Corporation (the “ Company ”) announced that Albert Russell Mitchell, Jr.’s service with the Company as Chief Operating Officer of the Company’s Harsco Environmental business will end effective as of September 1, 2023 (the “ Separation Date ”).
On June 14, 2023, the Board of Directors (the “Board”) of Enviri Corporation, a Delaware corporation (the “Company”), appointed Rebecca Martinez O’Mara to the Board.
On February 23, 2023, Mario Longhi resigned as a member of the Board of Directors (the “Board”) of Harsco Corporation, a Delaware corporation (the “Company”).
On February 25, 2023, the Board appointed Timothy M. Laurion to the Board.
On August 8, 2022, Anshooman Aga submitted his resignation as Senior Vice President & Chief Financial Officer of Harsco Corporation (the “Company”) to pursue employment at another company.
On August 12, 2022, the Company announced that, effective August 29, 2022, Pete Minan would join the Company on an interim basis as Interim Senior Vice President & Chief Financial officer until a permanent replacement for Mr. Aga was announced.
Max materiality 1.00 · Median 0.55 · Most common event earnings