Richard J. Hoffman has been the CEO of Stericycle, Inc. since May 2019, a company specializing in regulated medical waste management. Before joining Stericycle, he served as the Senior Vice President and Chief Accounting Officer, bringing significant experience from his...
Richard J. Hoffman has been the CEO of Stericycle, Inc. since May 2019, a company specializing in regulated medical waste management. Before joining Stericycle, he served as the Senior Vice President and Chief Accounting Officer, bringing significant experience from his time as Corporate Vice President at Hospira Inc., where he was involved in finance and accounting for a global pharmaceutical company. Hoffman has a solid background in finance and accounting, holding a Bachelor of Science in Accountancy from DePaul University and being a Certified Public Accountant in Illinois. Under his leadership, Stericycle is tackling major challenges in healthcare waste management, especially during the COVID-19 pandemic. His total compensation in 2023 was about $7.3 million, reflecting performance-based incentives tied to the company’s financial health. Rich’s approach focuses on aligning executive interests with shareholders, especially through metrics like earnings and free cash flow, emphasizing a clear direction for the company's growth and sustainability.