David P Steiner Net Worth is17.0 $Million
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Type: Public
Traded As: WM, S&P 500
Foundation: 1894last
Founder: Harm Huizenga
Location City: First City Tower, Houston, Texas
Location Country: United States
Area Served: North America
Key People: David P. Steiner, Chief executive officer , Robert G. Simpson, Chief financial officer
Industry: Waste management
Products: Bagster, PACK-RAT
Services: Waste, recyclables, yard debris, and hazardous materials collection, hauling, treatment and disposal , Security services
Revenue: 012.515 1000000000 (number) (2010) Operating Income: 02.116 billion (2010) Net Income: 00953 million (2010) Assets: equity
Num Employees: 42,800 (2010)Waste Management, Inc. 2010 Form 10-K
Subsid: Wheelabrator Technologies, Inc.
Homepage: wm.com
Waste Management, Inc. (NYSE: WM) is a waste management, comprehensive waste, and environmental services company in North America. Founded in 1894, the company is headquartered in the First City Tower in Houston, Texas.
The company's network includes 367 collection operations, 355 transfer stations, 273 active landfill disposal sites, 16 waste-to-energy plants, 134 recycling plants, 111 beneficial-use landfill gas projects and six independent power production plants. Waste Management offers environmental services to nearly 20 million residential, industrial, municipal and commercial customers in the United States, Canada, and Puerto Rico. With 21,000 collection and transfer vehicles, the company has the largest trucking fleet in the waste industry. Together with its competitor Republic Services, Inc, the two handle more than half of all garbage collection in the United States.
In the 1890s, Ham Huizenga, a Dutch immigrant, began hauling garbage at $1.25/wagon in Chicago. In 1968, Wayne Huizenga, Dean Buntrock, and Larry Beck founded Waste Management, Inc. and began aggressively purchasing many of the smaller garbage collection services across the country, as the descendant firm of Ham Huizenga. In 1971, Waste Management went public, and by 1972, the company had made 133 acquisitions with $82M in revenue. It had 60,000 commercial and industrial accounts and 600,000 residential customers in 19 states and the provinces of Ontario and Quebec. In the 1980s, Waste Management acquired Service Corporation of America (SCA) to become the largest waste hauler in the country.

Between the years of 1992 and 1997, the executive officers of Waste Management began "cooking" the accounting books by "Refusing to record expenses necessary to write off the costs of unsuccessful and abandoned landfill development projects, Establishing inflated environmental reserves (liabilities) in connection with acquisitions so that the excess reserves could be used to avoid recording

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David P Steiner Latest News

The Latest: Chicago Cubs, Cleveland Indians meet in Game 1 of World Series

David Ross also ... 7 of the NBA Finals. 6:20 p.m. An auction house says memorabilia of Yankees great Yogi Berra sold for $493,855 during on online auction, including $159,720 for his 1953 World Series championship ring. Steiner Sports said Tuesday that ...
Posted: October 25, 2016, 11:14 pm

The Latest: Indians beat Cubs 6-0 in Game 1

Steiner Sports said Tuesday that Berra's 1972 Hall of Fame ... Chris Coghlan RF, Addison Russell SS and David Ross C. 4 p.m. One start made Ryan Merritt a postseason hero, but he's hardly a household name. The Indians rookie pitcher walked to work ...
Posted: October 26, 2016, 4:25 am

Waste Management (WM) David P. Steiner on Q1 2016 Results - Earnings Call Transcript

Now, I'll turn the call over to Waste Management's President and CEO, David Steiner. David P. Steiner - President ... Copyright policy: All transcripts on this site are the copyright of Seeking Alpha. However, we view them as an important resource for ...
Posted: April 28, 2016, 3:00 am
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