Industry & Services >> CEO Interviews >> December 6, 1999
LOUIS D. PAOLINO, JR. is the Chairman, President and CEO of the company.
Mr. Paolino, a graduate of Drexel University with a BS in Civil
Engineering, was formerly the Chairman, President and CEO of Eastern
Environmental Services, Inc., a solid waste management services company.
When Mr. Paolino joined Eastern in June 1996, the company's sales for
that fiscal year totaled $7.6 million with a market value of less than
$10 million with a stock price of $1.50. Mr. Paolino was responsible for
implementing an aggressive acquisition policy that resulted in the
completion of 60 acquisitions by the end of 1998, thus producing an
annual sales run rate exceeding $450 million. In a stock transaction
announced in August of 1998 and closed on December 31, 1998, Eastern,
then the country's fifth largest solid waste management company, was
merged into industry leader Waste Management, Inc., with a valuation in
excess of $1.3 billion and a NASDAQ stock value of $32 per share. Profile
company's history, products, services, customers, those kinds of things.
Mr. Paolino: Mace is a company that, right now, is
