The board of directors of Waste Management, Inc. has elected William B. Plummer to its board of directors effective August 19th. Plummer will serve on the Audit Committee and the Management Development and Compensation Committee of the board.
Plummer’s career includes a broad range of experiences. Most recently, he served as Executive Vice President and CFO for United Rentals where he was instrumental in helping the company execute a strategy focused on improving the profitability of core equipment rental business through revenue growth, margin expansion, operational efficiencies and acquisitions. After a decade in the CFO role at United Rentals, he retired in January 2019. Previously, Plummer served as CFO of Dow Jones & Company, and prior to that, he spent over six years at Alcoa as Vice President and Treasurer. Earlier in his career, he worked at Mead Corporation, General Electric, and Goldman Sachs, among others.
“We’re excited to welcome Bill to the board of directors. He is an impressive executive with a diverse background in finance, logistics, operational efficiencies and service differentiation, all of which are key to our strategy,” said Jim Fish, President and Chief Executive Officer of Waste Management. “His valuable experience executing a customer-focused strategy, driving organic revenue growth, and improving free cash flow will be great assets to our existing board and the company, and we’re looking forward to his contributions.”
Plummer holds bachelor’s and master’s degrees in Aeronautics and Astronautics from Massachusetts Institute of Technology and a master’s degree in business administration from Stanford University. He also has experience serving on boards of directors of public and private companies, including John Wiley and Sons, Inc., Global Payments, Inc., and as Chairman of NESCO, one of the largest private providers of specialty equipment, parts, tools, accessories and services to the electric utility transmission and distribution, telecommunications and rail markets in North America. The election of Plummer expands Waste Management’s board of directors to nine, eight of whom are independent directors.