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directors of LTI. DeGroote was president from November 20, 1984,
to December 10, 1987. Murray was vice president from November
30, 1984, to January 9, 1986. Haworth was vice president for
finance from November 30, 1984, to August 31, 1988. Cairns was
secretary from November 30, 1984, to December 10, 1987. Gowland
was senior vice president for solid waste services from December
11, 1986, to December 10, 1987.
DeGroote, Haworth, and Gowland were directors of Tree from
May 27, 1987, to August 31, 1988. Officers of Tree from May 27,
1987, to August 31, 1988, included Gowland as chairman, Haworth
as vice president for finance, and Cairns as secretary.7
DeGroote, Haworth, and Victor A. Webster (Webster) were
Transit's directors from January 10, 1985, to August 31, 1988.
Transit's officers from January 10, 1985, to August 31, 1988,
included Webster as president, Haworth as vice president for
finance, and Cairns as secretary. DeGroote was chief executive
officer from December 10, 1987, to August 31, 1988.
Through an acquisition company, on May 1, 1987, LTI paid $16
million to buy the stock of Monroe, a New York corporation, which
provided landscaping and tree services in New England. Monroe
changed its name to Laidlaw Tree Services, Inc. (Tree), on April
28, 1988.
7 LTI sold all of the outstanding stock of Tree to an
unrelated buyer in October 1990 for $17.4 million.
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