Allied Waste Names New Member to Board of Directors
Scottsdale, AZ – January 25, 2002 – Allied Waste Industries, Inc. (NYSE: AW) today announced the election of J. Tomilson Hill to its Board of Directors. Mr. Hill is replacing David S. Blitzer, who has served on the Allied Waste Board of Directors since July 1999. Mr. Blitzer is relocating to the United Kingdom to run the European private equity team for The Blackstone Group, LP.
Mr. Hill is a Senior Managing Director of The Blackstone Group and President and Chief Executive Officer of Blackstone Alternative Asset Management (BAAM). Mr. Hill joined Blackstone in 1993 and is a member of Blackstone’s Management Committee, a member of the Investment Committee for Blackstone Capital Partners, and serves on the Advisory Board of Directors of BAAM.
Prior to joining Blackstone, Mr. Hill served as Co-Chief Executive Officer of Lehman Brothers and Co-President and Co-Chief Operating Officer of Shearson Lehman Brothers Holdings, Inc.
Mr. Hill is a graduate of Harvard College and the Harvard Business School. He is a member of the Council on Foreign Relations, where he chairs the Investment Subcommittee of the Finance and Budget Committee, and is a member of the Board of Directors of Lincoln Center Theater, the Nightingale-Bamford School and Milton Academy. Mr. Hill is also a member of the Board of Directors of the Whitney Museum of American Art and the Smithsonian’s Hirshborn Museum and Sculpture Garden where he serves as Vice Chairman.
Allied Waste Industries, Inc., a leading waste services company, provides collection, recycling and disposal services to residential, commercial and industrial customers in the United States. As of September 30, 2001, the Company operated 329 collection companies, 150 transfer stations, 167 active landfills and 65 recycling facilities in 39 states.
The Blackstone Group, an international investment bank with offices in New York and London, has been a significant investor in Allied Waste since 1997.