Holsten also served as chief executive officer of a Waste Management’s subsidiary, Waste Management International plc. Holsten held a number of other positions with Waste Management and various subsidiaries during his 17 year tenure.

“We are delighted and indeed fortunate to welcome to the Covanta Board a seasoned executive such as Joe Holsten,” said Sam Zell, Covanta’s chairman. “His breadth of experience in leadership positions at public companies, and his insights on waste and commodity markets will serve Covanta well. He will be a strong and valuable member of our team.”