WM said Chief Executive Officer Jim Fish will retire and resign from the board after more than 25 years with the company, and President John Morris will take over as president and CEO on Jan. 4, 2027.
Fish has served as CEO since 2016 and on the board during his tenure. Morris, who is already president, will also join the board when the transition takes effect.
Morris has spent more than three decades in the industry and has held several roles at WM, including market area general manager of New York City, area vice president of the greater mid-Atlantic area, chief strategy officer, senior vice president of field operations and chief operating officer.
WM said the leadership change follows its succession planning process. The company described Morris as having overseen service delivery improvements aimed at customer experience and lower operating expenses, while also improving employee satisfaction, safety and retention.
Board chair Kathleen Mazzarella said Fish’s leadership helped WM achieve “unprecedented growth” over the past decade and credited him with strengthening the company’s culture. Fish said Morris is the “ideal choice” to lead WM, while Morris said he plans to build on WM’s safety, service and operational focus and continue investments in technology. As a result of these announcements, the company's shares have moved 0.06% on the market, and are now trading at a price of $222.26. If you want to know more, read the company's complete 8-K report here.
