Illinois-based Stericycle Inc. has unanimously selected Daniel Ginnetti to succeed Frank ten Brink as Chief Financial Officer effective August 1, 2014.
Currently Stericycle's Vice President of Corporate Finance, Ginnetti joined the company in 2004.
Mr. ten Brink will continue in his role as Chief Financial Officer through the transition to Ginnetti, and thereafter, Mr. ten Brink will continue at Stericycle as Senior Vice President of Mergers and Acquisitions.
“Frank has provided great leadership throughout Stericycle's growth, beginning in 1997 when he joined the company as CFO,” said Charles Alutto, Stericycle president and CEO, in a statement. “We look forward to him continuing to lead our M&A effort for years to come.”
Alutto added that Ginnetti has been a key contributor toStericycle's success over the past 11 years. He called him a “seasoned executive with a proven track record in finance and operations
In 2004, the company promoted Ginnetti to Area Vice President for Stericycle's Western, and later, Midwestern business units. Following that, Ginnetti was promoted to Senior VP of Operations for the US and Canada.
Prior to joining Stericycle, Mr. Ginnetti held various finance and accounting positions with The Ralph M. Parsons Company, a worldwide engineering firm, and Ryan Herco Products Corp., a national industrial plastics distributor. Ginnetti has a BS degree in Business Economics from the Universityof California, Santa Barbara.