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8-K - FORM 8-K - WASTE MANAGEMENT INC | h82872e8vk.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Waste Management SVP and CFO
Robert G. Simpson to retire as of
September 30, 2011
Robert G. Simpson to retire as of
September 30, 2011
FOR MORE INFORMATION
Analysts:
Cherie Rice
713-512-6548
crice@wm.com
Cherie Rice
713-512-6548
crice@wm.com
Media:
Lynn Brown
713-394-5093
lynnbrown@wm.com
713-394-5093
lynnbrown@wm.com
Web site:
www.wm.com
WM # xx-xx
WM # xx-xx
HOUSTON June 8, 2010 Waste Management today announced that senior vice president (SVP) and
chief financial officer (CFO) Robert G. Simpson intends to retire as of Sept. 30, 2011.
Anticipating that Bob wanted to retire, the company has been conducting a search for a new CFO, and
expects that the position will be filled before Bobs Sept. 30 retirement in order to make an
orderly transition.
Simpsons career spans several major companies from Kraft to Phillip Morris. He joined Waste
Management from Tenneco. He has responsibility for the financial affairs of the company, including
financial reporting, treasury, tax and financial analysis. Previously he was the companys senior
vice president, chief accounting officer and vice president, tax.
Bob has played a pivotal role in the success of the company. He has had a steady hand on our
financial affairs and operations and has helped us build the strategy we are pursuing today, said
David Steiner, President and CEO of Waste Management. We value his years of service, his skill
and his wit. Well miss him and wish him well in retirement.
About Waste Management
Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste
management services in North America. Through its subsidiaries, the company provides collection,
transfer, recycling and resource recovery, and disposal services. It is the largest residential
recycler in North America and a leading developer, operator and owner of waste-to-energy and
landfill gas-to-energy facilities in the United States. The companys customers include
residential, commercial, industrial, and municipal customers throughout North America. To learn
more information about Waste Management visit www.wm.com or www.thinkgreen.com.
This press release contains forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are
Page 2 of 2
information of a non-historical
nature or which relate to future events and are subject to risks and uncertainties. In many cases,
you can identify forward-looking statements by terminology such as may, will, should,
expects, plans, anticipates, believes, estimates, predicts, potential, or continue,
or the negative of these terms and other comparable terminology. These statements are only
predictions. Actual results could differ materially from those anticipated in these forward-looking
statements as a result of a number of factors. The forward-looking statements made in this press
release relate only to events as of the date of this release. We undertake no ongoing obligation to
update these statements.
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