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 Officers

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 Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

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Waste Management,Inc. (the “Company”) filed a Form8-K on September4, 2018 disclosing that Mr.John J. Morris,Jr. will be named to the position of Executive Vice President and Chief Operating Officer of the Company, effective immediately following the previously-announced retirement of Mr.James E. Trevathan,Jr. at the end of 2018.

to Instruction 2 to Item 5.02 of Form8-K, this amended Form8-K is being filed to disclose modifications to the compensation of Mr.Morris in connection with his promotion. Effective January1, 2019, Mr.Morris’s annual base salary will be $700,000. Additionally, beginning in 2019, Mr.Morris’s target annual cash incentive will be 95% of his base salary in effect for the year.


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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