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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): August 11, 2011
Waste Management, Inc.
(Exact Name of Registrant as Specified in Charter)
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Delaware
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1-12154
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73-1309529 |
(State or Other Jurisdiction of
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(Commission File
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(IRS Employer Identification |
Incorporation)
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Number)
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No.) |
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1001 Fannin, Suite 4000 Houston, Texas
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77002 |
(Address of Principal Executive Offices)
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(Zip Code) |
Registrants 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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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 August 11, 2011, the Board of Directors of Waste Management, Inc. (the Company) elected
Bradbury H. Anderson as a member of the Board. Mr. Anderson will serve as a member of the Boards
Nominating and Governance Committee and Management Development and Compensation Committee.
Mr. Anderson, age 62, was most recently employed as chief executive officer of Best Buy Co.,
Inc. for approximately seven years, and he served as vice chairman of its board for over eight
years. Mr. Anderson retired from both positions effective June 2009 and June 2010, respectively.
Mr. Anderson joined Best Buy in 1973. Prior to becoming chief executive officer, he served as
executive vice president from 1986 to 1991 and president and chief operating officer from 1991 to
2002. Mr. Anderson currently serves on the board of directors of Carlson, a private travel and
hospitality company, and General Mills.
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.
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Exhibit No. |
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Description of Exhibit |
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99.1
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News release dated August 15, 2011. |
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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.
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WASTE MANAGEMENT, INC.
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Date: August 16, 2011 |
By: |
/s/ Rick L Wittenbraker
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Rick L Wittenbraker |
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Senior Vice President |
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Exhibit Index
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Exhibit No. |
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Description of Exhibit |
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99.1
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News release dated August 15, 2011. |
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exv99w1
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
Waste Management, Inc. Elects Bradbury H. Anderson to Board of Directors
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
HOUSTON August 15, 2011 Waste Management, Inc. (NYSE: WM) today
announced that Bradbury H. Anderson, formerly Vice Chairman and Chief Executive
Officer of Best Buy Co. Inc., was elected to its Board of Directors on
Thursday, August 11th.
Mr. Andersons career at Best Buy included a broad range of experiences. Mr.
Anderson started at Best Buy in 1973, and held various assignments of
increasing responsibility before being named Vice President in 1981. He was
named President and Chief Operating Officer for Best Buy in 1991. In 2002, Mr.
Anderson assumed the responsibility of Vice Chairman and Chief Executive
Officer for Best Buy. He retired from his Chief Executive Officer role in June
2009.
Brad led Best Buy through a highly successful customer segmentation
transformation during a time of significant change in the electronics retail
business. We believe that his experience in customer focus and segmenting will
provide invaluable perspective and guidance to both our Board and our
management team. We are pleased to have him as part of our team, said David P.
Steiner, Chief Executive Officer of Waste Management.
Mr. Anderson holds a Bachelor of Science degree from the University of Denver.
He was a member of the Best Buy board of directors until his retirement in June
2010, and currently serves on the board of Carlson, a private travel and
hospitality company, and General Mills.
The election of Mr. Anderson brings the size of Waste Managements 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 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.
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