National Waste Management Holdings approves employee stock ownership plan

Plan developed to recruit and retain leading industry talent.


National Waste Management Holdings Inc. (NWMH), Hernando, Florida, has announced it has approved an Employee Stock Ownership Plan (ESOP) to help recruit and retain leading industry talent.

NWMH is a growing and emerging vertically integrated solid waste management company with a concentration on C&D collection, hauling and recycling. National Waste services Florida's west coast and upstate New York and is a distinguished leader in solid waste services.

Jeff Chartier, of NWMH, says, "We are in a period of very rapid growth and believe this ESOP plan is timely in advance of our planned uplisting to a national stock exchange. Specifically, our strategy is to acquire complementary and cash flow positive businesses along the East Coast. We have identified numerous attractive and highly accretive acquisition opportunities that we are actively evaluating. This ESOP plan will help us attract the necessary talent to support our growth, as well as retain and reward both our own employees as well as the best employees of the companies we acquire."