Waste Management Announces CFO Transition

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announced the resignation of Devina A. Rankin as Executive Vice President and Chief Financial Officer, effective November 1, 2025. Rankin will remain as an executive advisor until March 2026. David L. Reed has been appointed as her successor, effective the same date. Reed, who has been with the company since 2017, previously served as Vice President and Treasurer. His new role will include an increased base salary and performance-based cash incentives, along with a grant of restricted stock units under the Company's 2023 Stock Incentive Plan.

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About Waste Management Inc.

Waste Management Inc., a leading provider in the environmental services sector, specializes in waste collection, disposal, and recycling services across North America. The company's primary function is to offer comprehensive waste and environmental solutions to residential, commercial, industrial, and municipal customers. Notable for its integrated approach, Waste Management Inc. not only focuses on the efficient collection and transport of waste but also emphasizes sustainability through recycling and renewable energy initiatives. By operating an extensive network of recycling facilities, landfills, transfer stations, and a growing fleet of natural gas-powered collection vehicles, the company plays a crucial role in reducing environmental impact and promoting resource conservation. With a strategic focus on leveraging technology and data analytics to optimize operations and environmental performance, Waste Management Inc. holds a significant position within the waste management industry, setting benchmarks for environmental responsibility and efficiency.