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Phillip M. Krieger Named Upstate Shredding - Ben Weitsman & Son CFO

Fri January 28, 2011 - Northeast Edition
Construction Equipment Guide

Phillip M. Krieger has joined Upstate Shredding – Ben Weitsman & Son as chief financial officer, effective immediately. Prior to joining Upstate, Krieger was chief operating officer and chief financial officer of Sims Metal Management East.

Krieger will supervise financial matters for Upstate Shredding LLC as well as its sister company Ben Weitsman & Son Inc., both headquartered in Owego, N.Y., as well as other company facilities located in Binghamton, Ithaca, Jamestown, Liberty, Owego and Syracuse, N.Y., and Towanda, Pa.

“Phillip has a fantastic reputation in the industry and came highly recommended. I knew he was a man with vision to match ours,” said Steve Green, company vice president. “We have experienced incredible growth over the past several years and Phil’s financial, operational and administrative experience, especially his scrap metal background, will go a long way towards helping us reach our goal of $1 billion in debt-free sales and the continuation of our acquisition model.”

“I saw an opportunity to join a unique company that is building a management team that is going places. The scope of acquisitions during 2010 was impressive, if not unparalleled for this industry. Adam’s all-cash, debt-free philosophy is the type of business that America needs to return to,” Krieger said.

Before joining Sims, Krieger was COO-CFO of Mercer International Group’s Fairless Iron and Metal of Trenton, N.J.

Krieger also spent six years with Coopers & Lybrand’s Financial Services Audit Group before becoming corporate controller and treasurer for Sales Dynamics Inc. for three years. After that he spent five-years as CFO-COO of Advanced Telecommunications Network Inc., and later six years as general manager of Boathouse Row Sports Ltd.

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