Waste Connections, Inc.

TSX:WCN Stock Report

Market Cap: CA$64.6b

Waste Connections Management

Management criteria checks 3/4

Waste Connections' CEO is Ron Mittelstaedt, appointed in Apr 2023, has a tenure of 1.67 years. total yearly compensation is $5.76M, comprised of 15.5% salary and 84.5% bonuses, including company stock and options. directly owns 0.088% of the company’s shares, worth CA$57.15M. The average tenure of the management team and the board of directors is 6.4 years and 8 years respectively.

Key information

Ron Mittelstaedt

Chief executive officer

US$5.8m

Total compensation

CEO salary percentage15.5%
CEO tenure1.7yrs
CEO ownership0.09%
Management average tenure6.4yrs
Board average tenure8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ron Mittelstaedt's remuneration changed compared to Waste Connections's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$940m

Jun 30 2024n/an/a

US$861m

Mar 31 2024n/an/a

US$795m

Dec 31 2023US$6mUS$892k

US$763m

Sep 30 2023n/an/a

US$830m

Jun 30 2023n/an/a

US$838m

Mar 31 2023n/an/a

US$853m

Dec 31 2022US$3mUS$500k

US$836m

Sep 30 2022n/an/a

US$808m

Jun 30 2022n/an/a

US$685m

Mar 31 2022n/an/a

US$638m

Dec 31 2021US$3mUS$500k

US$618m

Sep 30 2021n/an/a

US$582m

Jun 30 2021n/an/a

US$626m

Mar 31 2021n/an/a

US$222m

Dec 31 2020US$1mn/a

US$205m

Sep 30 2020n/an/a

US$207m

Jun 30 2020n/an/a

US$208m

Mar 31 2020n/an/a

US$584m

Dec 31 2019US$3mUS$769k

US$567m

Sep 30 2019n/an/a

US$566m

Jun 30 2019n/an/a

US$558m

Mar 31 2019n/an/a

US$548m

Dec 31 2018US$14mUS$947k

US$547m

Sep 30 2018n/an/a

US$729m

Jun 30 2018n/an/a

US$702m

Mar 31 2018n/an/a

US$687m

Dec 31 2017US$5mUS$947k

US$577m

Compensation vs Market: Ron's total compensation ($USD5.76M) is about average for companies of similar size in the Canadian market ($USD7.76M).

Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.

CEO

Ron Mittelstaedt (61 yo)

1.7yrs

Tenure

US$5,755,053

Compensation

Mr. Ronald J. Mittelstaedt, also known as Ron, is the Founder of Waste Connections, Inc. and served as its Executive Chairman since July 25, 2019 until April 23, 2023. He serves as President and Chief Exec...

Leadership Team

NamePositionTenureCompensationOwnership
Ronald Mittelstaedt
Founder1.7yrsUS$5.76m0.088%
CA$ 57.1m
Mary Whitney
Executive VP & CFO6.4yrsUS$2.58m0.019%
CA$ 12.2m
Darrell Chambliss
COO & Executive VP21.2yrsUS$2.61m0.039%
CA$ 25.1m
Patrick Shea
Executive VP20.8yrsUS$2.33m0.0073%
CA$ 4.7m
James Little
Executive Vice President of Engineering & Disposal15.8yrsUS$2.09m0.016%
CA$ 10.2m
Matthew Black
Senior VP & Chief Accounting Office1.8yrsno data0.013%
CA$ 8.4m
Eric Hansen
Senior VP & Chief Information Officer20.4yrsno data0.0046%
CA$ 3.0m
Joe Box
Vice President of Investor Relations1.4yrsno datano data
John Perkey
VP & Deputy General Counsel of Compliance and Government Affairs2.8yrsno datano data
Colin Wittke
Vice President of Sales & Customer Engagementno datano datano data
Susan Netherton
Senior Vice President of People11.4yrsno data0.0039%
CA$ 2.5m
David Eddie
Senior Vice President of Performance Optimization1.8yrsUS$1.23m0.012%
CA$ 7.7m

6.4yrs

Average Tenure

59yo

Average Age

Experienced Management: WCN's management team is seasoned and experienced (6.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ronald Mittelstaedt
Founder27.3yrsUS$5.76m0.088%
CA$ 57.1m
Susan Lee
Independent Director10.6yrsUS$281.71k0.0045%
CA$ 2.9m
Michael W. Harlan
Non-Executive Chairman & Lead Independent Director26.6yrsUS$331.71k0.0031%
CA$ 2.0m
Edward Guillet
Independent Director17.8yrsUS$296.71k0.0092%
CA$ 5.9m
Carl Sparks
Independent Directorless than a yearno data0.000060%
CA$ 38.8k
Andrea Bertone
Independent Director2.1yrsUS$281.71kno data
Elise Jordan
Independent Director5.3yrsUS$306.71k0.0010%
CA$ 665.7k
Cherylyn LeBon
Directorless than a yearno data0.000050%
CA$ 32.3k

8.0yrs

Average Tenure

63yo

Average Age

Experienced Board: WCN's board of directors are considered experienced (8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 06:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Waste Connections, Inc. is covered by 43 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Christopher MurrayATB Capital Markets
Jonathan WindhamBarclays