Waste Management,Inc. (NYSE:WM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April10, 2018, Mr.Bradbury H. Anderson notified Waste Management,Inc. (the “Company”) of his decision to resign from his positions as Chairman of the Board and as a director of the Company, effectively immediately. Mr.Anderson resigned due to personal reasons and not due to any disagreement on any matter relating to the Company’s operations, policies or practices.
In accordance with the Company’s By-Laws, Mr.Thomas H. Weidemeyer, Chairman of the Nominating and Governance Committee of the Board of Directors, will perform the duties of the Chairman of the Board on an interim basis until a successor is elected by the members of the Board.
About Waste Management,Inc. (NYSE:WM)
Waste Management, Inc. is a holding company. The Company provides waste management environmental services. The Company’s segments include Solid Waste, which includes its 17 Areas aggregated into three tiers, and Other. The Company’s Solid Waste business is operated and managed locally by its subsidiaries that focuses on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. Through its subsidiaries, it also develops, operates and owns landfill gas-to-energy facilities in the United States. It owns or operates approximately 250 landfill sites, which is the network of landfills in North America. It also uses waste to create energy, recovering the gas produced naturally as waste decomposes in landfills and using the gas in generators to make electricity. The Company, as a recycler in North America, handles materials that include paper, cardboard, glass, plastic and metal.
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