Platinum Equity-Backed Portable Toilet Company Loses CEO, CFO

Two top executives have exited United Site Services Inc., a portable toilet rental firm owned by Tom Gores’s Platinum Equity, sending prices for the company’s debt lower.

Chief Executive Officer Asterios Satrazemis and Chief Financial Officer Scott Jamroz have left United Site Services, according to a company statement. Bryan Kelln, a partner at Platinum Equity, has taken over as interim CEO and a search is underway for a replacement CFO, the company said.

Prices for USS debt sunk Friday after the company told lenders about the departures on Thursday, according to people familiar with the matter. ...