SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 28, 2013
Waste Management, Inc.
(Exact Name of Registrant as Specified in Charter)
| Delaware | 1-12154 | 73-1309529 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 1001 Fannin, Suite 4000 Houston, Texas |
77002 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone number, including area code: (713) 512-6200
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 28, 2013, the Board of Directors of Waste Management, Inc. (the “Company”) elected Victoria Holt as a member of the Board. Ms. Holt’s committee memberships have not yet been determined.
Ms. Holt, age 55, is currently president, chief executive officer and a member of the board of directors of Spartech Corporation (NYSE: SEH), a producer of plastic products for a wide spectrum of customers with operations in North America, Mexico and France. Prior to joining Spartech, Ms. Holt served as Senior Vice President, Glass and Fiber Glass, for PPG Industries, Inc. Ms. Holt also currently serves on the board of directors of Watlow Electric Manufacturing, a private company that designs and manufactures industrial electric heaters, sensors and controllers.
A copy of the news release relating to this disclosure is furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description of Exhibit | |||
| 99.1 | News release dated January 31, 2013. | |||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| WASTE MANAGEMENT, INC. | ||||||
| Date: January 31, 2013 | By: | /s/ Rick L Wittenbraker | ||||
| Rick L Wittenbraker | ||||||
| Senior Vice President, General Counsel | ||||||
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Exhibit Index
| Exhibit No. |
Description of Exhibit | |
| 99.1 | News release dated January 31, 2013. | |
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Exhibit 99.1
FOR IMMEDIATE RELEASE
WASTE MANAGEMENT, INC. ELECTS VICTORIA HOLT TO BOARD OF DIRECTORS
|
Houston — January 31, 2013 — Waste Management, Inc. (NYSE: WM) today announced that Victoria Holt, President and Chief Executive Officer of Spartech Corporation, was elected to its Board of Directors on Monday, January 28th.
Ms. Holt’s career includes a broad range of experiences. Ms. Holt started at Monsanto Company in 1979, and held various assignments of increasing responsibility before being named Assistant to the Chief Executive Officer in 1995. In 1996, she moved to Solutia, Inc., a divestiture of The Monsanto Company’s chemical business, as a vice president and general manager. From 2003 to 2010, Ms. Holt held various roles with PPG Industries, most recently as Senior Vice President of Glass and Fiber Glass. In 2010, Ms. Holt joined Spartech Corporation as Chief Executive Officer.
“Victoria has a diverse international business background serving a wide spectrum of customers looking for sustainable plastics solutions. We believe that her experience in environmental solutions and recycling will compliment our Board and our management team. We are pleased to have her as part of our team,” said David P. Steiner, Chief Executive Officer of Waste Management.
Ms. Holt holds a Bachelor of Science degree from the Duke University and a Masters of Business Administration from Pace University. She currently serves on the board of Spartech Corporation and Watlow Electric Manufacturing Company, a private designer and manufacturer of industrial electric heaters, sensors, and controllers.
The election of Ms. Holt brings the size of Waste Management’s Board of Directors to nine members, eight of whom are independent.
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 also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. The company’s 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.
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FOR MORE INFORMATION
Waste Management
Web site http://www.wm.com
Analysts Ed Egl 713.265.1656 eegl@wm.com
Media Lynn Brown 713.394.5093 lynnbrown@wm.com |