secwatch.observer — SEC 8-K summary
======================================

Issuer:     WASTE MANAGEMENT INC (WM)
CIK:        0000823768
Form:       8-K
Filed at:   2025-08-22T23:59:59+00:00
Accession:  0001104659-25-081894
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WM CFO Devina Rankin to retire; David Reed named successor as EVP & CFO
-----------------------------------------------------------------------

- Devina Rankin, CFO since 2017, retiring to focus on education and not-for-profit; effective Nov 2025; will remain executive advisor through Mar 2026.
- David Reed, current VP & Business Partner for West Tier, elected EVP & CFO effective Nov 2025; previously VP Treasurer (2017-2022).
- Reed's compensation: base salary $700,000, target cash incentive 100% of base, RSU award valued at $565,000 vesting over three years.
- Reed brings experience in investment banking, corporate finance, treasury, and operations enablement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/823768/000110465925081894/0001104659-25-081894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/823768/000110465925081894/tm2524148d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-081894

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer