(DumbMoney.)

Explore the latest updates and key analyses on companies, markets, and industry trends.


CFO Devina Rankin to Retire, David Reed to Succeed Rankin: Impact on WM (NYSE: WM)

WM (WM) | August 21, 2025

By Yara Phillips

image

Devina Rankin, executive vice president and CFO of WM, announced her retirement after 23 successful years with the company.

David Reed will succeed Rankin as the new executive vice president and CFO of WM, bringing extensive finance and leadership experience.

WM is North America's leading provider of comprehensive environmental solutions, committed to sustainability and success with integrity.

Retirement of Devina Rankin

Devina Rankin, a key leader at WM for over two decades, will retire from her CFO role to focus on education and not-for-profit service.

Succession Plan with David Reed

David Reed, a respected leader with experience in finance and operations, will take over as the new CFO of WM, ensuring a smooth transition.

WM's Commitment to Sustainability

WM, known for its environmental solutions, is dedicated to collaborating with customers to achieve sustainability goals through innovative infrastructure and capabilities.

  • Devina Rankin's retirement marks a significant leadership change at WM, emphasizing the company's focus on succession planning and continuity.
  • David Reed's appointment as CFO reflects WM's confidence in his strategic abilities to drive the company's long-term growth and financial success.

The retirement of Devina Rankin and the appointment of David Reed showcase WM's commitment to leadership development and sustainability in its operations. The company's strategic focus on growth and environmental solutions continues to drive its success in the industry.