Waste Management Names James C. Fish, Jr. Chief Executive Officer
November 10 2016 - 10:33PM
Business Wire
Waste Management, Inc. (NYSE:WM) today announced that it has
named James (Jim) C. Fish, Jr. as the Company’s President and Chief
Executive Officer. He has also been elected to the Board of
Directors.
Fish succeeds David P. Steiner as CEO. Steiner served as CEO
since 2004 and remains on the Board of Directors.
W. Robert Reum, Non-Executive Chairman of the Board, said:
“Today’s announcement is the culmination of a succession planning
process we started 18 months ago with the support of the entire
Board. Over the last 15 years at Waste Management, Jim has
consistently delivered results, and has the skills and leadership
qualities that make him ideally suited for the role. He has a deep
understanding of our strategy, impressive financial and operational
acumen and strong support from employees, customers and investors.
We look forward to working closely with him and the rest of the
senior leadership team as the Company continues to execute on its
long-term strategy.”
Reum continued: “On behalf of the Board, I would like to thank
David for his many contributions to our Company’s success over 16
years and his dedicated and effective service as CEO for the past
twelve years.”
“It is a privilege to be named CEO of Waste Management, and I
greatly appreciate the Board’s confidence in me,” said Fish. “Waste
Management has executed extremely well on our overall strategy, the
results of which are reflected in our very strong shareholder
returns. Our strategy is sound and I look forward to working with
the Board, the leadership team and all of our talented employees in
continuing to provide superior service to our valued
customers.”
The Company is continuing its search for a CFO. In the interim,
Fish will continue to lead the finance organization.
Waste Management also announced that it has scheduled a
shareholder-analyst conference call on November 11, 2016
at 8:00 a.m. Eastern Time to discuss Jim Fish’s
election.
What: Waste Management shareholder-analyst conference call
When: Friday, November 11, 2016 at 8:00 a.m.
Eastern Time
Where: A live audio webcast of the conference call can be
accessed by logging onto http://www.wm.com and selecting
"Events and Presentations" in the Investor Relations section of our
website.
You may also listen to the analyst conference call by telephone
by contacting the conference call operator 5-10 minutes prior to
the scheduled start time and asking for the "Waste Management
Conference Call - Call ID 19301943." US/Canada Dial-In #: (877)
710-6139. Int'l/Local Dial-In #: (706) 643-7398. Participation will
be in listen-only mode.
Replay: A replay of the call will be available beginning two
hours after the call’s completion until 5:00 p.m. Eastern Time
December 11, 2016. To hear a replay of the call over the Internet,
access Waste Management's website at http://www.wm.com. To
hear a telephonic replay of the call, dial (855) 859-2056 or (404)
537-3406 and enter conference code 19301943.
James C. Fish, Jr.
Jim Fish, 54, has held several roles of increasing
responsibility since he joined Waste Management in 2001. Prior to
becoming CFO in 2012 and President and CFO in July 2016, he held
several key positions with the Company, including Senior Vice
President for the Company’s Eastern Group, Area Vice President for
Pennsylvania and West Virginia, Market Area General Manager for
Massachusetts and Rhode Island, Vice President of Price Management
and Director of Financial Planning and Analysis. Fish earned a
Bachelor of Science in accounting from Arizona State University and
an MBA in finance from the University of Chicago. He is also a
Certified Public Accountant.
Before joining Waste Management, Fish held finance and revenue
management positions at Westex, a Yellow-Roadway subsidiary; Trans
World Airlines; and America West Airlines. He began his
professional career at KPMG Peat Marwick.
ABOUT WASTE MANAGEMENT
Waste Management, based in Houston, Texas, is the leading
provider of comprehensive waste management services in North
America. Through its subsidiaries, the company provides collection,
transfer, recycling and resource recovery, and disposal services.
It is also a leading developer, operator and owner of landfill
gas-to-energy facilities in the United States. The company’s
customers include residential, commercial, industrial, and
municipal customers throughout North America. To learn more
information about Waste Management, visit www.wm.com or
www.thinkgreen.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161110006724/en/
Waste ManagementAnalystsEd Egl,
713-265-1656eegl@wm.comorMediaToni Beck,
713-394-5093tbeck3@wm.comorWeb sitewww.wm.com
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