Waste Management 2015 Annual Report Download - page 20

E LECTION OF D IRECTORS
(I TEM 1 ON THE P ROXY C ARD )
The first proposal on the agenda is the election of ten directors to serve until the 2017 Annual Meeting of
Stockholders or until their respective successors have been duly elected and qualified. The Board has nominated
the ten director candidates named below, and recommends that you vote FOR their election. If any nominee is
unable or unwilling to serve as a director, which we do not anticipate, the Board, by resolution, may reduce the
number of directors that constitute the Board or may choose a substitute. To be elected, a director must receive a
majority of the votes cast with respect to that director at the meeting. Our By-laws provide that if the number of
shares voted “for” any director nominee does not exceed 50% of the votes cast with respect to that director, he or
she will tender his or her resignation to the Board of Directors. The Nominating and Governance Committee will
then make a recommendation to the Board on whether to accept or reject the resignation, or whether other action
should be taken.
The table below shows all of our director nominees; their ages, terms of office on our Board; experience
within the past five years; and their qualifications we considered when inviting them to join our Board as well as
nominating them for re-election. We believe that, as a general matter, our directors’ past five years of experience
gives an indication of the wealth of knowledge and experience these individuals have and that we considered;
however, we have also indicated the specific skills and areas of expertise we believe makes each of these
individuals a valuable member of our Board.
Director Nominees
Director Qualifications
Bradbury H. Anderson, 66
Director since August 2011
Vice Chairman and Chief Executive Officer — Best
Buy Co., Inc. (multinational retailer of technology and
entertainment products and services) from 2002 to 2009;
President and Chief Operating Officer of Best Buy from
1991 to 2002.
Director of Best Buy Co., Inc. since June 2013 (retiring
June 2016).
Director of General Mills, Inc. since 2007.
Director of Carlson Companies, a private company,
since 2009.
Mr. Anderson served in the positions of chief
executive officer and chief operating officer of a
large public retail company for several years, during
a customer segmentation transformation, which
provided him with extensive knowledge of
management and operations of large public
companies, including experience implementing
customer focused strategies. He also has over 19
years of experience as a member of a public company
board of directors.
Frank M. Clark, Jr., 70
Director since 2002
Chairman and Chief Executive Officer — ComEd
(energy services company and subsidiary of Exelon
Corporation) from November 2005 to February 2012;
President — ComEd from 2001 to November 2005.
Executive Vice President and Chief of Staff — Exelon
Corporation (public utility holding company) from 2004
to 2005; Senior Vice President — Exelon Corporation
from 2001 to 2004.
Director of Aetna, Inc. since 2006.
Director of BMO Financial Corp., a private company,
since 2005.
Mr. Clark served in executive positions at a large
public utility company for over a decade, providing
him with extensive experience and knowledge of
large company management, operations and business
critical functions. He also brings over 13 years of
experience as a member of a public company board
of directors.
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