Waste Connections Reports Executive Changes & Compensation Arrangements
Ticker: WCN · Form: 8-K · Filed: Feb 20, 2024 · CIK: 1318220
| Field | Detail |
|---|---|
| Company | Waste Connections, Inc. (WCN) |
| Form Type | 8-K |
| Filed Date | Feb 20, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, compensatory-arrangements
TL;DR
**Waste Connections just filed an 8-K about executive changes and compensation, keep an eye on leadership moves!**
AI Summary
Waste Connections, Inc. filed an 8-K on February 20, 2024, reporting an event on February 13, 2024, concerning the departure or election of directors/officers and compensatory arrangements. The filing indicates changes related to executive compensation and potentially board composition, though specific names or dollar amounts are not detailed in the provided excerpt. The company's business address is 6220 HWY 7, Suite 600, Woodbridge, Ontario, Canada.
Why It Matters
Changes in executive leadership and compensation can signal strategic shifts or impact investor confidence, affecting the company's future direction and financial performance.
Risk Assessment
Risk Level: medium — Changes in executive compensation and officer appointments can introduce uncertainty regarding future company strategy and performance.
Key Players & Entities
- Waste Connections, Inc. (company) — Registrant
- February 13, 2024 (date) — Date of earliest event reported
- February 20, 2024 (date) — Filing date
- Ontario, Canada (location) — State of incorporation
- 6220 HWY 7, Suite 600, Woodbridge, Ontario, Canada (location) — Business address
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 13, 2024.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on February 20, 2024.
What specific items were reported in this 8-K filing?
The 8-K reported on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
Where is Waste Connections, Inc. incorporated?
Waste Connections, Inc. is incorporated in Ontario, Canada.
What is the business address of Waste Connections, Inc.?
The business address of Waste Connections, Inc. is 6220 HWY 7, Suite 600, Woodbridge, Ontario, Canada.
Filing Stats: 985 words · 4 min read · ~3 pages · Grade level 9.6 · Accepted 2024-02-20 16:05:27
Filing Documents
- tm246723d1_8k.htm (8-K) — 32KB
- tm246723d1_ex99-1.htm (EX-99.1) — 7KB
- tm246723d1_ex99-1img001.jpg (GRAPHIC) — 22KB
- 0001104659-24-025509.txt ( ) — 243KB
- wcn-20240213.xsd (EX-101.SCH) — 3KB
- wcn-20240213_lab.xml (EX-101.LAB) — 33KB
- wcn-20240213_pre.xml (EX-101.PRE) — 22KB
- tm246723d1_8k_htm.xml (XML) — 4KB
02 Departure of Directors or Certain Officers; Election
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 20, 2024, Waste Connections, Inc. (the " Compan y") issued a press release announcing that, on February 13, 2024, the Company's Board of Directors (the " Board "), upon the recommendation of its Nominating and Corporate Governance Committee, increased the size of the Board from eight to nine members, and appointed Carl D. Sparks to the Board effective March 1, 2024. Mr. Spark's term will expire at the Company's 2024 annual meeting of shareholders. Mr. Sparks, 56, has served as the managing partner of Interlock Partners, a venture capital firm focused on early-stage transformative investments, since 2020. Mr. Sparks has also served on the board of directors of Copart Inc. (NASDAQ: CPRT) since 2021, and the board of directors of Cint Group AB (OMX: CINT) since 2022. From 2016 to 2017, Mr. Sparks was the chief executive officer of Academic Partnerships, a firm that helped public universities offer their programs online. From 2011 to 2014, Mr. Sparks served as the chief executive officer of Travelocity Global. Earlier in his career, Mr. Sparks served in senior executive roles at the Gilt Groupe, including President, and before that he was the chief marketing officer of Expedia.com, a division of Expedia, Inc., among other senior executive roles he held there between 2004 and 2009. Mr. Sparks started his career in strategy consulting with Boston Consulting Group. Mr. Sparks previously served on the boards of directors of Dunkin' Brands Group, Inc., Avis Budget Group (NASDAQ: CAR), where he also served as chairman of the audit committee, and Vonage (NASDAQ: VG). Mr. Sparks holds a bachelor's degree from Princeton University and an MBA from Harvard Business School. The Board has determined that Mr. Sparks meets the independence standards adopted by the Board in compliance with the New York Stock Exchang
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release, dated February 20, 2024, issued b y Waste Connections, Inc. 104 The cover page of Waste Connections, Inc. on Current Report on Form 8-K formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WASTE CONNECTIONS, INC. Date: February 20, 2024 BY: /s/ Robert M. Cloninger Robert M. Cloninger Senior Vice President, Deputy General Counsel and Assistant Secretary