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SPRING 2006
DAVID P. STEINER

David P. Steiner
CEO
Waste Management
March 17th, 2006

David P. Steiner is chief executive officer of Waste Management, the leading provider of waste and environmental services in North America.

Waste Management is based in Houston, Texas and is a FORTUNE 200 company with revenues of approximately $12 billion. The company employs more than 50,000 people across North America. Today, investors and analysts continue to applaud Waste Management's industry-leading advances in health and safety, ethics and diversity, customer service, fleet logistics and corporate governance. Under Steiner's leadership, the company is continuing to pursue a strategy focused on operational excellence involving process standardization, superior information systems, market-based business strategies, and best-in-class service at optimal cost.

During Steiner's first year at the helm, Waste Management has delivered continued strong business performance. In 2004, revenue has grown 6.5% while operating income has increased 18.3%. Net income also has improved 27.3%. Under Steiner's leadership, the company's focus on the environment and workplace safety continues to yield results. In 2004, half of the company's locations have reported zero injuries. This year, the company has been selected as winner of the "Corporate Vision Award" from Keep America Beautiful for its ongoing work in environmental stewardship. Also this year, the Wildlife Habitat Council has awarded six of the company's waste and disposal facilities with certifications for environmental excellence.

Steiner joined Waste Management in November 2000 as vice president and deputy general counsel, and was later appointed senior vice president, general counsel and corporate secretary. In 2003, he was named executive vice president and chief financial officer. Prior to joining Waste Management, Steiner was a partner in the New Orleans-based law firm of Phelps Dunbar.

Steiner received a bachelor's degree in accounting from Louisiana State University, graduating summa cum laude, and his Juris Doctor, with honors, from the University of California in Los Angeles.

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Spring 2006 | Arkley | Lucio | Steiner |
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