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Enviri (NVRI) investor relations material
Enviri Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Targeting mid-2026 for the sale of Clean Earth and spin-off of New Enviri, with proxy and Form 10 filings expected in March.
Clean Earth achieved record earnings and margins in 2025, with 4% revenue growth; Harsco Environmental and Rail saw lower revenues due to volume declines and divestitures.
Adjusted EBITDA for 2025 was $275 million; full-year revenues reached $2.2 billion.
New Enviri will focus on Harsco Environmental and Rail, with a prudent capital structure and aggressive cost actions underway.
Guidance for 2026 anticipates modest cash generation and pro forma EBITDA of approximately $140 million for New Enviri.
Voting matters and shareholder proposals
Shareholders will be asked to approve the sale of Clean Earth and the spin-off of New Enviri at a meeting following the proxy filing.
Proxy statements and related documents will be filed and mailed to shareholders, containing important information for voting decisions.
Board of directors and corporate governance
Leadership transition planned, with Russell Hochman as future CEO of New Enviri and Pete Minan returning as CFO.
Board and executive officers are participants in the proxy solicitation process for the proposed transaction.
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