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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