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): October 1, 2015
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, 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.
Effective October 1, 2015, the Board of Directors of Waste Management, Inc. elected Kathleen M. Mazzarella as a member of the Board. Additionally, Ms. Mazzarella was appointed to the Management Development & Compensation Committee and the Nominating & Governance Committee of the Board of Directors.
Ms. Mazzarella, age 55, is currently President, Chief Executive Officer and Chairman of the Board of Directors of Graybar Electric Company, Inc., a leading distributor of electrical, communications and data networking products, provider of related supply chain management and logistics services and one of the largest employee-owned companies in North America. Ms. Mazzarella has served as President and Chief Executive Officer of Graybar since June 2012 and became Chairman of the Board in January 2013. Ms. Mazzarella has previously served Graybar in numerous roles since 1980, most recently as Executive Vice President and Chief Operating Officer from 2010 until promotion to her current position in 2012.
Ms. Mazzarella also currently serves on the board of the Federal Reserve Bank of St. Louis, St. Louis Regional Chamber, United Way of Greater St. Louis, Civic Progress, the Saint Louis Club and the NAW Institute.
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 October 1, 2015. | |
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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: October 1, 2015 |
By: | /s/ Barry H. Caldwell | ||
| Barry H. Caldwell | ||||
| SVP, Corporate Affairs & Chief Legal Officer | ||||
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Exhibit Index
| Exhibit No. |
Description of Exhibit | |
| 99.1 | News release dated October 1, 2015 | |
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FOR IMMEDIATE RELEASE
EXHIBIT 99.1
| Waste Management, Inc. Elects Kathleen M. Mazzarella to Board of Directors |
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HOUSTON — October 1, 2015 — The board of directors of Waste Management, Inc. (NYSE: WM) has elected Kathleen M. Mazzarella to its board of directors effective October 1st.
Ms. Mazzarella will serve on the management development and compensation committee and the nominating and governance committee of the board.
Ms. Mazzarella is chairman, president and chief executive officer of Graybar Electric Company, Inc. (Graybar)—a leading distributor of electrical, communications and data networking products, provider of related supply chain management and logistics services and one of the largest employee-owned companies in North America.
“We’re pleased to welcome Kathy to the board of directors. She is an impressive executive with a diverse background in strategy, sales and human resources, all of which will benefit us greatly,” said David P. Steiner, president and chief executive officer of Waste Management. “Her deep and valuable experience leading various aspects of a customer-focused business will be a great asset to our existing board and the company, and we’re looking forward to her contributions and counsel.”
During her 35-year tenure at Graybar, Ms. Mazzarella has held executive-level positions in sales, human resources, strategic planning and marketing. She served as executive vice president and chief operating officer from 2010-2012. She was appointed president and CEO in 2012 and became chairman of Graybar’s board of directors the following year. Ms. Mazzarella holds an associate degree in telecommunications engineering, a bachelor’s degree in applied behavioral sciences and a master’s degree in business administration. She serves on several boards, including the Federal Reserve Bank of St. Louis, St. Louis Regional Chamber, United Way of Greater St. Louis, Civic Progress, the Saint Louis Club and the NAW Institute.
The election of Ms. Mazzarella expands Waste Management’s board of directors to ten, nine of whom are independent directors.
ABOUT WASTE MANAGEMENT Waste Management, 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 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 visit www.wm.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 Toni Beck 713.394.5093 tbeck3@wm.com |