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AI brief of an SEC Form 8-K · Waste Management (WM)

WM: Former CFO Devina Rankin Receives $1 Million Transition Bonus

Neutral Impact 2 of 5 leadership Written later

Waste Management disclosed that former Executive Vice President and Chief Financial Officer Devina Rankin, who resigned effective November 1, 2025, received a $1 million cash bonus on March 13, 2026. The bonus recognizes her role in the orderly transition to her successor and her contributions to the integration of the Healthcare Solutions business, and is in addition to her 2025 annual cash incentive.

Key points

  • Devina Rankin resigned as CFO effective November 1, 2025, after 23 years with the company, including nearly nine years as CFO.
  • She served as an executive advisor at her prior base salary through March 13, 2026.
  • A $1 million cash transition success bonus was paid on March 13, 2026, under a letter agreement filed as Exhibit 10.1.

The filing

CompanyWaste Management (WM)
Form8-K, current report
Filed with the SECMar 13, 2026, 4:30 PM ET
Accession number0001104659-26-027703

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.