Contact Information: Contact: Alison Ziegler Cameron Associates (212) 554-5469 alison@cameronassoc.com www.americanecology.com
American Ecology Announces Slate of Board Nominees
Annual Meeting to Be Held May 22, 2008
| Source: American Ecology Corporation
BOISE, ID--(Marketwire - April 7, 2008) - American Ecology Corporation (NASDAQ : ECOL ) today
announced the slate of Board of Directors nominees that will stand for
election at the Company's 2008 Annual Meeting, scheduled for May 22, 2008.
Joining existing directors Roy C. Eliff, Edward F. Heil, Jeffrey S.
Merrifield, John W. Poling, and Chairman and Chief Executive Officer
Stephen A. Romano will be new nominees Victor J. Barnhart and Joe F.
Colvin.
"We are extremely pleased to attract nominees with the industry stature of
Vic Barnhart and Joe Colvin," said Ed Heil, the Board's Lead Director and
Chairman of its Corporate Governance Committee. "Both have a broad nuclear
industry background and knowledge of the radioactive and hazardous waste
industries. They also bring a wealth of executive management and corporate
board experience, which should serve stockholders well as we continue to
focus on growth."
Vic Barnhart, age 65, is a consultant to nuclear service and chemical
companies on operations, strategic planning and acquisitions. Mr. Barnhart
has over 20 years of senior executive experience in nuclear fuel cycle
facility operations, environmental remediation, hazardous and radioactive
waste management and industrial and chemical plant services. He served as
President and CEO of a number of Waste Management Inc. companies including
NSC Corporation, Rust Remedial Services, Chem-Nuclear Systems and The Brand
Companies. Before then he held management positions with Westinghouse
Electric and Nuclear Fuel Services-Getty Oil. He has served on the boards
of The Brand Companies, NSC Corporation and OHM Corporation.
Joe Colvin, age 65, is a former senior executive with over 40 years of
experience in the nuclear energy field. Mr. Colvin serves on the Board of
Directors of Cameco Corporation, the world's largest uranium producer, and
is a director for the American Nuclear Society. He is President Emeritus
of the Nuclear Energy Institute, Inc. (NEI), previously serving as NEI's
President and CEO, and Executive Vice President and COO before that. Mr.
Colvin also held senior management positions with the Nuclear Management
and Resources Committee and the Institute for Nuclear Power Operations. He
served 20 years as a line officer with the U.S. Navy nuclear submarine
program.
The new directors will replace Kenneth C. Leung and Richard T. Swope, who
will not be standing for reelection in May. The number of American Ecology
directors is intended to remain at seven.
Annual Meeting of Stockholders
American Ecology's annual meeting of stockholders will take place on May
22, 2008 at 8:00 a.m. at the offices of Stoel Rives LLP, 101 South Capitol
Boulevard, Suite 1900 in downtown Boise, Idaho.
Additional Information And Where To Find It
While the Company does not believe that this communication constitutes
solicitation material with respect to the Company's solicitation of proxies
for its 2007 annual meeting of stockholders, this communication may be
deemed to be solicitation material. The Company will file a proxy statement
in connection with its 2007 annual meeting of stockholders. The Company's
stockholders are strongly advised to read that proxy statement when it
becomes available, as it will contain important information. Stockholders
will be able to obtain this proxy statement, any amendments or supplements
to the proxy statement and other documents filed by the Company with the
Securities and Exchange Commission for free at the web site maintained by
the Securities and Exchange Commission at http://www.sec.gov. Copies of the
proxy statement and any amendments and supplements to the proxy statement
will also be available for free at the Company's web site at
http://www.americanecology.com or by writing to American Ecology
Corporation, 300 E. Mallard Drive, Suite 300, Boise, Idaho 83706,
Attention: Corporate Secretary.
About American Ecology Corporation
American Ecology Corporation, through its subsidiaries, provides
radioactive, PCB, hazardous, and non-hazardous waste services to commercial
and government customers throughout the United States, such as steel mills,
medical and academic institutions, refineries, chemical manufacturing
facilities and the nuclear power industry. Headquartered in Boise, Idaho,
the Company is the oldest radioactive and hazardous waste services company
in the United States.