Waste Management announced that Larry O’Donnell, its president and COO, is leaving the company to pursue CEO opportunities. David Steiner, Waste Management’s CEO, will assume the role of president immediately.
"I have worked with Larry at Waste Management for 10 years, and during that time he has demonstrated the capability and desire to become a CEO. That would be difficult to pursue while performing his duties as president, so we mutually agreed that Larry would transition his duties to me to allow him to devote his energies to the next stage of his career. I am certain he will be successful, and will miss him at the company as a colleague and a friend," says Steiner.
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