Summary
Waste Management, Inc. (WM) filed an 8-K on August 22, 2019, to announce a key change in its Board of Directors. The company elected William B. Plummer as a new director, effective August 19, 2019, with his term set to expire at the 2020 annual meeting. Mr. Plummer brings a wealth of financial expertise, having previously served as Executive Vice President and Chief Financial Officer of United Rentals, Inc. for ten years, and before that, as CFO of Dow Jones & Company and VP/Treasurer at Alcoa, Inc. This appointment is significant for investors as it signals the board's continued focus on strong financial governance and strategic oversight. Mr. Plummer's extensive experience in financial leadership roles at major corporations, coupled with his current board memberships at publicly traded companies like Global Payments, Inc. and John Wiley and Sons, Inc., suggests a valuable addition to Waste Management's leadership. His appointment to both the Audit Committee and the Management Development & Compensation Committee further underscores the board's commitment to robust oversight in critical areas.
Key Highlights
- 1Waste Management, Inc. appointed William B. Plummer to its Board of Directors, effective August 19, 2019.
- 2Mr. Plummer's term as director will extend until the 2020 annual meeting of stockholders.
- 3He brings extensive financial leadership experience, including a decade as EVP and CFO of United Rentals, Inc.
- 4Mr. Plummer also previously served as CFO of Dow Jones & Company and VP/Treasurer at Alcoa, Inc.
- 5He has been appointed to serve on the Audit Committee and the Management Development & Compensation Committee.
- 6Mr. Plummer currently holds board positions at John Wiley and Sons, Inc., and Global Payments, Inc.