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Jim Fish

Jim Fish

Chief Executive Officer, WM

Appears in 1 story

Notable Quotes

"We're executing on our strategic priorities of providing the best workplace, advancing technology and automation that differentiates WM and reduces costs, and leveraging our sustainability platform for growth." β€” Jim Fish, Q4 2024 earnings call

Stories

AI and automation transform waste industry economics

New Capabilities

Leading $3 billion sustainability investment program

For decades, recycling profitability rose and fell with commodity pricesβ€”a business model that collapsed when China banned waste imports in 2018 and recycled material prices cratered. WM invested $3 billion in automation, cutting labor costs 30% while doubling margins compared to legacy plants, hitting 30% operating EBITDA margin in Q4 2024 for the first time in its history.

Updated May 22