Michael P. Costello

About Michael P. Costello

PROFILECEO, COO, Board MemberA talented result driven executive. Skilled visionary leader, servicing in numerous executive roles, gaining real-world hands-on expertise. Successfully executed three PE backed exits. A valuable board member guiding and mentoring executive teams. Expertise in turn-around management, margin expansion, cost control, and building engaging cultures. Skilled at reducing risk while driving explosive growth and pricing discipline. Incredible ability to find simple solutions to complicated problems. A well-connected executive with a large professional network and a passion for adding value.Industry expertise – all industrial and manufacturing industries,waste and wastewater treatment and recycling, environmental services, plastic injection molding, industrial services, transportation, distribution, manufacturing, municipal street sweeping, portable restrooms, industrial gases. A strategic generalist adaptable to most industries. Career Highlights • As Chief Executive and board member provide the vision, strategies and leadership taking Otto Environmental Systems from losing $6M annually to profitability. Leading the board in an exit strategy producing a successful exit. One of three suite executives you led WRM to a successful exit with an industry leading multiple.• History of focusing companies on higher margins customers, service excellent while aggressively pushing for market leading pricing.(Allied Waste, City Waste, Otto Environmental and WRM)• As the board chair for MIKA Management and City Waste provided the board governance to keep this capital intense and cash generating business in strict compliances with GAAP. • Reduced cost by $5.7 million at Otto Environmental through cost controls, productivity gains, lean processes, and strong supply chain negotiations. Focused the company on providing outstanding customer service and price increase discipline that provided higher margins.• As Area President for Allied Waste, grew the AZ market from $90M-$160M annually and completed seven acquisitions.

Experience

1. Chief Operating Officer

   Waste Resource Management

   Apr 2022 — Present · Houston, TX, US

   Spearheaded organizational restructuring to enhance accountability and prepare for a successful exit strategy. Help lead the company to a successful exit in 2024 forming a partnership with Ridgewood Infrastructure Group.• Implemented rigorous cost control measures, significantly improving financial performance. • Focused on attracting higher-margin clients while ensuring service excellence and competitive pricing. • Drove a remarkable reduction in Total Recordable Incident Rate (TRIR) from 8.8 to 4.2 within the first year.

Education

• American Training Institute

  Management H.E., Heavy Equipment Management

  1973 — 1976

Skills

• Team Building
• Leadership
• Management
• Operations Management
• Waste
• Waste Management
• Contract Negotiation
• Recycling
• New Business Development
• Sales Management
• Sales
• Disposal
• Solid Waste
• Negotiation
• Income Statement
• Strategic Planning
• Business Strategy
• Account Management
• Business Development
• P&L Management
• Project Management
• Forecasting
• Budgets
• Business Planning
• Start-Ups
• Contract Management
• Transportation
• Customer Retention
• Executive Management
• Strategy
• Customer Service
• Mergers & Acquisitions
• Environmental Services
• Pricing
• Marketing
• Mergers
• P
• Sales Operations
• Waste Reduction
• P&L