Waste Management CFO Rankin exits after 23 years, receives $1M transition bonus…
Devina Rankin, former Executive Vice President and CFO of Waste Management, received a $1 million cash transition bonus on March 13, 2026 for her leadership in completing an orderly CFO transition and contributions to the Healthcare Solutions business integration. Rankin had resigned November 1, 2025 after 23 years with the company, including nearly nine years as CFO, and continued as an executive advisor through March 2026.
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Our Take
→Waste Management paid CFO Rankin a $1M transition bonus after 23 years and nearly nine as CFO — compensating her advisor role through the successor handoff and Stericycle integration. Environmental services M&A has accelerated retention payments as divestitures and bolt-ons complicate finance leadership continuity.
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