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WASTE MANAGEMENT INC 8-K Report, Executive Changes (Mar 13, 2026)

Reports
Leadership Changes·Exhibits & Filings
Filing Date
Filed March 13, 2026
Period End
March 13, 2026
Security
WM
In the record · 2016–202610-K1210-Q328-K132

WM filed 12 annual reports (10-K), 32 quarterly reports (10-Q) and 132 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Mar ’17Mar ’17
  2. Material agreement8-K · Apr ’19Apr ’19
  3. Material agreement8-K · May ’21May ’21
  4. Leadership change8-K · May ’25May ’25

01—Abstract

Summary

Summary of the 8-K filed March 13, 2026. Cited figures are marked; the original filing is the authoritative source.

Waste Management, Inc. (WM) filed an 8-K report on March 13, 2026, primarily to disclose details surrounding the departure and final compensation of its former Executive Vice President and Chief Financial Officer, Ms. Devina Rankin.

Ms. Rankin, who concluded her 23-year tenure with the company, including nearly nine years as CFO, officially stepped down from her role on November 1, 2025. She remained as an executive advisor until March 13, 2026, to facilitate a smooth handover of her responsibilities. The most significant investor takeaway from this filing is the confirmation of a $1 milliona cash transition success bonus paid to Ms. Rankin.

This bonus recognizes her leadership in ensuring an orderly CFO transition and her contributions to the integration of the Healthcare Solutions business. This payment is in addition to her 2025 annual cash incentive award. The agreement detailing this bonus is filed as an exhibit to this report, providing transparency on the terms of her final compensation.

02—Key points

Key Highlights

  1. Ms. Devina Rankin resigned as Executive Vice President and Chief Financial Officer, effective November 1, 2025.
  2. Ms. Rankin served as an executive advisor through March 13, 2026, to ensure a smooth transition.
  3. A cash bonus of $1 million was paid to Ms. Rankin on March 13, 2026.
  4. The bonus recognizes Ms. Rankin's leadership in the CFO transition and integration of the Healthcare Solutions business.
  5. This bonus is in addition to her earned 2025 annual cash incentive award.
  6. The letter agreement detailing the transition success bonus is filed as an exhibit.

03—Questions

Frequently Asked Questions

  1. What is the primary purpose of this 8-K filing?

    The primary purpose of this 8-K filing is to formally disclose details regarding the departure of Ms. Devina Rankin from her role as CFO and the final compensation package she received, including a $1 million transition success bonus.

  2. When did Ms. Rankin officially leave her CFO position, and what was her role afterward?

    Ms. Rankin resigned as CFO on November 1, 2025, and continued to serve as an executive advisor through March 13, 2026, to ensure an effective transition.

  3. What is the amount and reason for Ms. Rankin's $1 million cash bonus?

    Ms. Rankin received a $1 million cash bonus on March 13, 2026, in recognition of her leadership in successfully transitioning the Chief Financial Officer role and her contributions to the integration of the Healthcare Solutions business.

  4. Is the $1 million bonus the only compensation Ms. Rankin received upon her departure?

    No, the $1 million cash transition success bonus is in addition to the annual cash incentive award payout earned by Ms. Rankin for the 2025 fiscal year.

04—Continue

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