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Mike Malatesta
Host of the Highly Rated "How'd it Happen" Podcast Entreprenuer I Investor I Writer I Leader - ERC Midwest, LLC - Industrial Waste - Abundance 360 - YPO - Vistage
Professional Background
Michael T. Malatesta is a prominent figure in the environmental solutions industry, best known for his role as the Leader and Coach at ERC Midwest, LLC. With a passion for helping clients solve complex hazardous and non-hazardous waste problems, Michael has dedicated his career to making sustainable practices achievable across various industries. His extensive experience in managing waste solutions has solidified his reputation as a thought leader and expert in the field, ensuring that manufacturers can effortlessly meet their production, compliance, and recycling goals.
Before his current leadership position, Michael co-founded Advanced Waste Services, Inc. in 1993, where he played an instrumental role in the company’s growth strategy—starting with zero sales and transforming the firm into a highly successful enterprise. Under his guidance, the company expanded through organic growth and strategic acquisitions, successfully integrating 14 different businesses along the way. This remarkable ascent led to an annual sales achievement of $45 million, expanding operations across five states and employing around 150 dedicated team members. In 2015, Michael made a significant career move by selling Advanced Waste Services to Covanta Environmental Solutions, a subsidiary of Covanta Energy, which is publicly traded and valued in the billions.
In addition to his entrepreneurial success, Michael has quickly positioned himself as a prominent voice in executive leadership circles. He is an active member of several distinguished organizations, such as the Vistage Group and the Young Presidents Organization (YPO). His commitment to continuous personal and professional development is evident through his participation in Abundance 360, and he plays a crucial role in guiding future innovations in waste management through board positions with various environmentally inclined organizations.
Education and Achievements
Michael T. Malatesta holds a Bachelor of Arts in English from Dickinson College, which provided him with a strong foundation in communication and writing skills, essential for his subsequent roles in business and leadership. He also attended The Episcopal Academy, which fostered his early interests in education and personal development.
In addition to his formal education, Michael is an accomplished writer and podcaster, sharing his insights on successful leadership through his podcast 'How'd It Happen'. This platform allows him to humanize the journey of successful leaders and instill inspiration in aspiring entrepreneurs and professionals alike.
His expertise extends beyond waste management, as he has developed a niche in personal and executive development, coaching, goal setting, and public speaking. Michael’s commitment to developing future leaders is demonstrated through various mentorship and advisory roles, notably serving on several investment committees and boards that focus on sustainability and community improvement.
Achievements
- Co-founded Advanced Waste Services, Inc. and scaled it to $45 million in annual sales
- Successfully integrated 14 companies through strategic acquisitions
- Actively involved as a Board Director at St. John's on the Lake and the Villard Avenue Business Improvement District
- Invested in multiple private equity and venture capital funds, demonstrating a commitment to fostering entrepreneurship and innovation within the community
- Contributed articles and insights on waste management and leadership development through 'Mike's Blog', enhancing the knowledge base within the industry
- Lead a successful podcast series, 'How'd It Happen', sharing golden nuggets of wisdom from various leaders and driving conversations around effective leadership strategies.
