LRS names new CEO, CFO

Matt Spencer replaces Alan Handley, who served as CEO from 2014 until his departure earlier this year.

Matt Spencer
Incoming LRS CEO Matt Spencer officially takes the reins Sept. 12.
Photo courtesy of LRS

Morton Grove, Illinois-based LRS, a leading independent waste, recycling and portable services provider serving the Midwest, has appointed two new executives to its leadership team.

LRS welcomes Matt Spencer as the company’s new CEO, effective Sept. 12. He will oversee all aspects of LRS’ operations, including strategic direction, business development and customer relations. With a strong emphasis on safety and sustainability, Spenser is poised to drive LRS’ mission of providing innovative waste management solutions that promote a cleaner and greener future, according to the company.

“We are delighted to welcome Matt to LRS,” LRS Board of Directors Chairman Paul Mitchener says. “His extensive experience and visionary leadership will be invaluable as we continue to position LRS as a leader in the waste management sector. We look forward to working closely with Matt and the executive team to achieve our strategic objectives and drive sustainable growth.”

Spencer replaces Alan Handley, who served as CEO from 2014 until his departure earlier this year.

RELATED: Macquarie makes major investment in LRS | How LRS is rethinking waste in the Midwest

Prior to joining LRS, Spencer was CEO of Sweeping Corp. of America (SCA) as well as chief operating officer at Waste Corp. of America (WCA). WCA doubled in revenue and profit during the six years under his leadership, which was driven by a significant merger and acquisition strategy.

LR“I am honored to join LRS as the new CEO,” Spencer says. “LRS has a well-earned reputation for its unwavering commitment to safety while delivering cutting-edge waste and recycling solutions, and I am excited to build upon this legacy. I look forward to leading the organization with an employee-first mindset, to ensure we continue to redefine waste diversion and recycling practices and contribute to a more sustainable future.”

Luke Chenery
Photo courtesy of LRS
Luke Chenery has been appointed as chief financial
officer at LRS.

New Chief Financial Officer Luke Chenery

LRS welcomes Luke Chenery as its new chief financial officer (CFO). Chenery joins LRS with a strong track record of leadership, exceptional financial acumen and a passion for delivering results, according to the company. With his strategic insights and broad expertise, Chenery will play a pivotal role in enhancing LRS’s financial performance, optimizing operational efficiencies and contributing to the organization’s long-term growth.

“The team is thrilled to have Luke join LRS as CFO,” says Mitchener. “His proven ability to foster collaboration and drive financial excellence is set to further elevate LRS’ reputation as an industry trailblazer. We look forward to his contributions to our continued success.”

Spencer and Chenery share LRS’ commitment to safety, customer satisfaction and sustainable solutions that inspire change for a better tomorrow, the company says, and look forward to working with the existing leadership to empower teams to shape and advance LRS' strategic goals.

LRS says these strategic appointments reflect its commitment to furthering its efforts of redefining resource recovery management while ensuring financial excellence.

LRS provides waste, recycling and portable services to residents and businesses in Illinois, Wisconsin, Iowa, Indiana, Michigan, Minnesota, Kansas, Arkansas and Tennessee. LRS also offers affordable roll-off container services, construction and demolition recycling, portable restroom rentals, on-site storage and temporary fencing.