WM (NYSE: WM) has announced the appointment of John J. Morris, Jr. as the new President of the company. Morris, who currently serves as the Chief Operating Officer, will now take on the additional responsibility of leading all field operations, with the company's chief officers in sustainability, customer experience, and enterprise strategy reporting to him.
Jim Fish, the Chief Executive Officer of WM, highlighted Morris's more than 30-year tenure in the industry and his track record of delivering results and enhancing shareholder value as key factors in his appointment to the position of President. He expressed confidence in Morris's leadership capabilities and emphasized the company's expectation of great things from him in his new role.
Morris expressed his gratitude for the trust placed in him and his commitment to serving WM's 62,000 associates as they work to advance the company's strategy. He emphasized the company's strong foundation and potential to build on its leadership in environmental services, with a focus on delivering lasting value for customers, shareholders, and communities while respecting the environment and fostering a great workplace environment.
Prior to becoming COO, Morris held various positions at WM, including market area general manager of New York City, area vice president of the greater mid-Atlantic area, chief strategy officer, and senior vice president of field operations. He is a graduate of Rutgers University.
WM, previously known as Waste Management, is North America's leading provider of comprehensive environmental solutions, offering collection, recycling, and disposal services to millions of customers across residential, commercial, industrial, medical, and municipal sectors in the U.S. and Canada. The company is committed to putting people first and achieving success with integrity. With a focus on sustainability, WM collaborates with its customers to pursue their environmental goals and boasts the largest disposal network and collection fleet in North America. Additionally, it leads in recycling, organics, renewable energy, and landfill gas utilization, and operates the largest heavy-duty natural gas truck fleet in the industry in North America. WM Healthcare Solutions provides collection and disposal services for regulated medical waste and secure information destruction services in the U.S., Canada, and Western Europe.
For more information on WM and the company's sustainability progress and solutions, visit sustainability.wm.com. As a result of these announcements, the company's shares have moved -1.41% on the market, and are now trading at a price of $222.38. For the full picture, make sure to review WASTE MAN's 8-K report.
