Waste Management Shareholders Approve Board and Auditor

Waste Management Inc. (NYSE:WM), currently valued at $89.4 billion by market capitalization, announced the results of its Annual Meeting of Stockholders held on May 13, 2025, as reported in a recent SEC 8-K filing. A total of 344,396,906 shares were present or represented by proxy at the meeting, out of 402,332,424 shares outstanding. According to InvestingPro analysis, the stock appears to be trading above its Fair Value, with a P/E ratio of 33.35.

The shareholders elected all nine director nominees to the Board of Directors. The elected directors include Thomas L. Bené, Bruce E. Chinn, James C. Fish, Jr., Andrés R. Gluski, Victoria M. Holt, Kathleen M. Mazzarella, Sean E. Menke, William B. Plummer, and Maryrose T. Sylvester.

Additionally, the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified with an overwhelming majority of the votes.

Furthermore, the company’s executive compensation, as detailed in the 2025 proxy statement, received advisory approval from the shareholders.

The voting results affirm shareholder confidence in the company’s leadership and strategic direction. Waste Management, a leader in comprehensive waste management services, continues to focus on sustainability and innovation in waste solutions.

The information provided is based on Waste Management Inc.’s SEC 8-K filing.

In other recent news, Waste Management Inc. (WM) reported its first-quarter financial results for 2025, missing both earnings per share (EPS) and revenue forecasts. The company posted an EPS of $1.58, falling short of the anticipated $1.69, and revenue reached $6.02 billion, below the forecasted $6.15 billion. Despite the financial miss, the company noted a significant year-over-year increase in operating EBITDA by 12%. Meanwhile, Raymond (NSE:RYMD) James adjusted its price target for Waste Management shares, lowering it from $258.00 to $255.00, but maintained an Outperform rating, highlighting the company’s sustainable projects and potential benefits from its acquisition of Stericycle (NASDAQ:SRCL). Additionally, WM appointed John J. Morris Jr. as President, who will also continue his role as Chief Operating Officer. This leadership change is part of the company’s strategic focus on leadership development and operational efficiency. These developments reflect Waste Management’s ongoing efforts in sustainability and leadership, amidst challenges in meeting financial expectations.

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