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Waste Management Announces CFO Resignation and Successor

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Waste Management Announces CFO Resignation and Successor

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Waste Management ( (WM) ) has issued an announcement.

On August 21, 2025, WM announced the resignation of Devina Rankin, its Executive Vice President and Chief Financial Officer, effective November 1, 2025. Rankin, who has been with the company for nearly 23 years, will focus on education and not-for-profit service after her departure. David Reed, currently Vice President and Business Partner for WM’s West Tier operations, will succeed her as CFO. Reed’s extensive background in finance and leadership positions him well to support WM’s long-term growth strategy. His appointment includes an increase in base salary and a grant of restricted stock units, reflecting confidence in his ability to contribute to the company’s strategic objectives.

The most recent analyst rating on (WM) stock is a Buy with a $256.00 price target. To see the full list of analyst forecasts on Waste Management stock, see the WM Stock Forecast page.

Spark’s Take on WM Stock

According to Spark, TipRanks’ AI Analyst, WM is a Outperform.

Waste Management’s overall stock score reflects its strong financial performance and positive earnings call sentiment, offset by a high valuation and neutral technical indicators. The company’s strategic initiatives and sustainable growth focus are promising, but valuation concerns and market challenges temper the outlook.

To see Spark’s full report on WM stock, click here.

More about Waste Management

WM, formerly known as Waste Management, is North America’s leading provider of comprehensive environmental solutions. Based in Houston, Texas, the company offers collection, recycling, and disposal services to residential, commercial, industrial, medical, and municipal customers across the U.S. and Canada. WM is recognized for its innovative infrastructure in recycling, organics, and renewable energy, and is a leader in landfill gas-to-energy solutions.

Average Trading Volume: 1,691,972

Technical Sentiment Signal: Buy

Current Market Cap: $92.04B

Find detailed analytics on WM stock on TipRanks’ Stock Analysis page.

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