Resource Exchange of America Names Livingston President of its ARA Subsidiary

Resource Exchange of America Corp. has appointed Jason Livingston president of the company's recently established subsidiary, Asset Recovery of America LLC (ARA).

Livingston was president and co-founder of Harry’s Haul, which was acquired by ARA, a subsidiary of Resource Exchange. In making the acquisition in late May, Resource Exchange of America noted that acquiring the company would allow it to realize 100 percent of the profits generated by ARA, rather than the 50 percent it would have received under the terms of the joint venture it earlier developed with Harry’s Haul.

Livingston will oversee all demolition operations for ARA and assist in identifying new demolition projects.

"I am delighted to announce the appointment of Mr. Livingston as president of ARA. His extensive experience in demolition projects will assist the company in providing safe, environmentally friendly and cost effective processes and in delivering the highest quality demolition results,” says Dana Pekas, CEO of REAC. “We look forward to benefiting from his expertise as REAC continues to aggregate all aspects of the fragmented recycling industry into a vertically integrated business."