Stericycle CFO to add CIO responsibilities

On June 19, Stericycle announced its Executive Vice President and CIO David Stahl will be departing the Bannockburn, Illinois-based company effective June 27. The notice came via a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC).

According to the report, Stericycle Executive Vice President and CFO Janet Zelenka will assume the additional duties and responsibilities of CIO effective June 28.

Per the filing, the change “reflects the streamlining of the company following execution of its portfolio rationalization initiative, deferral of deployment of the company’s enterprise resource planning (ERP) system to 2021 given restrictions imposed by COVID-19, the advanced state of preparation for deployment of the ERP system and the continued focus on cost management.”  

Stericycle states that it anticipates that combining the roles of CFO and CIO “will further support effective IT-related internal controls implementation, operation of the ERP system as designed and enhanced efficiency of financial systems.”

The company also notes that Zelenka has previous IT experience from her time working as CIO of Deerfield, Illinois-based Essendant Inc. Because of Zelenka’s additional responsibilities, the company’s board of directors has approved an annual salary increase from $575,000 to $625,000.