Waste Management names new CEO

Houston-based Waste Management Inc. has named James Fish Jr. the company’s president and chief executive officer. He succeeds David Steiner as CEO.

Fish also has been elected to sit on Waste Management’s board of directors.

Robert Reum, nonexecutive chairman of Waste Management’s board, says, “Today’s announcement is the culmination of a succession planning process we started 18 months ago with the support of the entire board. Over the last 15 years at Waste Management, Jim has consistently delivered results and has the skills and leadership qualities that make him ideally suited for the role. He has a deep understanding of our strategy, impressive financial and operational acumen and strong support from employees, customers and investors.

“We look forward to working closely with him and the rest of the senior leadership team as the company continues to execute on its long-term strategy.”

“It is a privilege to be named CEO of Waste Management, and I greatly appreciate the board’s confidence in me,” says Fish. “Waste Management has executed extremely well on our overall strategy, the results of which are reflected in our very strong shareholder returns. Our strategy is sound and I look forward to working with the board, the leadership team and all of our talented employees in continuing to provide superior service to our valued customers.”

Steiner will remain a member of Waste Management’s board of directors.