Ethan Hershman – CEO and Co-Chairman
The great grandson of a horse and wagon collector of rags, scrap metal and broken furniture, Ethan Hershman grew up in a recycling business founded in 1887. He started working with his family at the Branford, CT-based company in 1981 and took over for his retiring father five years later. After years of competition with rival Bruce Fleming’s Canusa Corp., Hershman teamed up with Fleming in 2002 to form Canusa Hershman Recycling Co., LLC where he is CEO and Co-Chairman.
Bruce Fleming – Co-Chairman
Fleming began his recycling career as a student at Princeton University. While involved in the campus recycling program, he wrote his senior thesis on the recycling industry. During his research he studied the Garden State Paper Co, a New Jersey paper mill that was the first 100% recycled newsprint mill in the U.S. Fleming continued his education while working at Garden State and acquired his law degree from George Washington University. He founded Canusa Corp., a trading company for secondary fiber and pulp, in 1981. In 2002 Fleming merged Canusa’s fiber operations with its most significant competitor, Hershman Recycling, to form Canusa Hershman Recycling Co., where he currently serves as Co-chairman.
Jonathan Sloan – President
Mr. Sloan has been in the recycling business for over 30 years. He assumed the role of President of Canusa Hershman in June 2002 when Canusa Corporation and Hershman Recycling merged their operations. He is responsible for the day-to-day activities of its plant operations and brokerage division. CHRC operates two (2) processing facilities and, through its brokerage division and affiliates, trades in excess of 2.4 million tons per year of recyclables.
Prior to joining CHRC, Mr. Sloan was an Area Vice President for Browning-Ferris Industries’ Materials Marketing Group. In this position he managed seven of nine regions in North America for BFI’s centralized marketing function and was intimately involved in plant operations. These operations generated over 3.2 million tons per year of recyclable materials. Mr. Sloan also served as Vice-President of Recycling with BFI’s European operations based in The Netherlands.
Todd Laggis – Chief Financial Officer
Todd Laggis earned a B.S. in Accounting from Boston College in 1989 and has been a CPA in the state of Connecticut since 2004. He has been the CFO of CHRC since the merger in June 2002. As such, Laggis manages the accounting department, as well as all the credit risk departments. He is responsible for the financial statements and budgeting for all the divisions and affiliates of Canusa Hershman Recycling, LLC.
Michael Walter, Jr. Esq. – General Counsel
Michael originally joined Canusa Corporation while studying at Drexel University in Philadelphia, PA. After receiving his undergraduate degree from the Drexel LeBow College of Business in 2005, Michael worked with Lincoln Financial Advisors as a licensed financial advisor before re-joining Canusa as Risk Manager in 2006. As Risk Manager, Michael was responsible for various aspects of risk mitigation including management of all aspects of the Canusa companies’ property and casualty insurance programs. In 2011, Michael earned his J.D. from the University of Baltimore School Of Law and passed the Maryland State Bar later the same year. Since 2011, Michael has served as General Counsel for Canusa Hershman Recycling, LLC and its affiliates advising senior management on an array of legal issues and risks.