PITTSBURGH James K. Wiseman has resigned as Industrial Services of America Inc.s vice president and general manager of recycling effective Oct. 31.
Wiseman had held his position at the Louisville, Ky.-based metals recycler and auto shredder since 2007.
"After 36 years in the industry, I have tired of an 80-hour week and am looking forward to getting back to my own schedule and reconnecting with people," he told AMM.
Wiseman had been overseeing daily matters since the companys president and chief operating officer left in June (amm.com, June 19). A search for a permanent replacement is still under way.
President and interim chief executive officer Orson Oliver is now responsible for the companys day-to-day operations.
Wiseman has agreed to serve as a consultant for the company over the next 12 months. "I plan to help transition responsibilities to other management people in the company," he said.
Wiseman will be paid $10,000 per month for his services through Oct. 31, 2014, after which point either party can terminate the agreement. The company will provide health insurance through Cobra during the consultancy.
Wiseman will be free to pursue other opportunities in the industry if he chooses. The company has agreed to release him from a noncompete agreement on the condition that he refrain from soliciting company employees for two years after the consultancy agreement is terminated.