Waste Management Inc. (WM), Houston, has announced that Bill Caesar, the president of its recycling division, has left the company following an organizational realignment.
A statement from WM reads in part, “As part of our broader effort to align our corporate functions with the strategic priorities of the company and to better support the needs of the business, we’re doing a bit of restructuring of the teams that support the recycling business, a business that continues to be a very important part of our overall portfolio. Given this, Bill Caesar has decided to leave the company mid-September. As leader of both the company’s recycling business and its portfolio of investments in new technology and services businesses, Bill’s disciplined and focused leadership has paid tremendous dividends and we wish him much success as he moves on to new opportunities.”
Sources indicate that as part of WM’s realignment the company is attempting to cut its staff level by as much as 10 percent, with a high percentage of the cuts occurring at WM’s Houston headquarters.
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