In the 2000s, Stericycle achieved growth through launching and/or acquiring complementary business lines, as well as continued international expansion. In 1999, Stericycle began offering safety and compliance training services with the launch of its Stericycle Steri-Safe OSHA Compliance program. Since then, Stericycle has created services, tools and resources for healthcare professionals not only in the United States and Mexico, but also in Argentina, Brazil, Canada, Chile, Ireland, Japan, Portugal, Puerto Rico, Romania, Spain, and the United Kingdom. The company's international business began in 1997 with a joint venture in Mexico. (4) In 1999, Stericycle acquired 200,000 customers from Allied Waste Industries after Allied acquired Browning Ferris Industries. Stericycle began to expand internationally in 1998, starting with Mexico and Canada. In 1992, Mark Miller stepped in as President and CEO, and as a result of Miller's leadership, Stericycle grew rapidly, going public in 1996 on the NASDAQ (ticker SRCL). The Syringe Tide led to the Medical Waste Tracking Act, signed in 1988, establishing regulated medical waste management as an industry. James Sharp based on his business plan to address the Syringe Tide, where hypodermic needles and other medical waste washed up to the shores of New York and New Jersey. Stericycle has been publicly traded on the NASDAQ since 1996 and has 10 people on its board of directors. She was preceded in her role by Charlie Alutto, and prior to that, by Mark Miller, who took over from founder Dr. Leadership Ĭindy Miller joined Stericycle in October 2018 as President and Chief Operating Officer, and became Chief Executive Officer in May 2019. Secure information destruction services under the Shred-it brand are also provided in the United Arab Emirates through a joint venture with the company's portion of income reported as an equity investment. Only secure information destruction services are provided in Australia, Austria, Belgium, France, Germany, Luxembourg, and Singapore. Only regulated waste operations are in Argentina, Brazil, Chile, Japan, Mexico, Portugal, South Korea, and Romania. Stericycle offers all services, except for hazardous waste management, in the United Kingdom. Full services are offered the U.S., Canada, Ireland, the Netherlands, and Spain. Approximately 20% of the company's revenue comes from its international operations. Stericycle has a presence in 21 countries with approximately 640 locations worldwide. The investigations also are in response to Stericycle's alleged falsification of records to hide the alleged illegal quantity burning near Foxboro Elementary in North Salt Lake. Currently, Stericycle is being investigated by the state of Utah for burning hazardous, radioactive waste above legal levels at their North Salt Lake location. Stericycle has been harshly criticized by residents living near their incinerators and environmentalists across the globe. Medical device manufacturers, consumer goods manufacturers, and retailers are also key customers. Stericycle also serves myriad small businesses, which include outpatient clinics, medical and dental offices, abortion clinics, veterinary and animal hospitals, funeral homes, home healthcare agencies, body art studios, and long-term and sub-acute care facilities. The company serves healthcare facilities such as hospitals, blood banks, pharmaceutical manufacturers. In addition, with the acquisition of Shred-it in 2015, Stericycle also offers secure information destruction services including document and hard drive destruction. Stericycle, Inc., together with its subsidiaries, offers regulated waste management services, sharps disposal containers to reduce the risk of needlesticks, healthcare compliance services, pharmaceutical disposal, and regulated returns management services for expired or recalled products through incineration processes. The company was founded in 1989 and is headquartered in Bannockburn, Illinois, with many more bases of operation around the world, including Medical waste incinerators in Utah and North Carolina. It also provides related education and training services, and patient communication services. Stericycle is a compliance company that specializes in collecting and disposing regulated substances, such as medical waste and sharps, pharmaceuticals, hazardous waste, and providing services for recalled and expired goods.
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