Waste Connections Management
Management criteria checks 3/4
Waste Connections' CEO is Ron Mittelstaedt, appointed in Apr 2023, has a tenure of 2.58 years. total yearly compensation is $7.28M, comprised of 15.5% salary and 84.5% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth $40.86M. The average tenure of the management team and the board of directors is 5.5 years and 8.9 years respectively.
Key information
Ron Mittelstaedt
Chief executive officer
US$7.3m
Total compensation
| CEO salary percentage | 15.51% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.09% |
| Management average tenure | 5.5yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
Waste Connection: Disciplined Compounding In North American Waste Infrastructure
Nov 04Waste Connections (NYSE:WCN) Is Paying Out A Larger Dividend Than Last Year
Oct 29
Waste Connections (NYSE:WCN) Seems To Use Debt Quite Sensibly
Sep 22Why We're Not Concerned About Waste Connections, Inc.'s (NYSE:WCN) Share Price
Aug 26Slowing Rates Of Return At Waste Connections (NYSE:WCN) Leave Little Room For Excitement
Jul 07We Think Waste Connections (NYSE:WCN) Can Stay On Top Of Its Debt
May 21The Returns At Waste Connections (NYSE:WCN) Aren't Growing
Apr 06Should You Investigate Waste Connections, Inc. (NYSE:WCN) At US$189?
Mar 23There May Be Some Bright Spots In Waste Connections' (NYSE:WCN) Earnings
Feb 24Waste Connections, Inc.'s (NYSE:WCN) Earnings Haven't Escaped The Attention Of Investors
Feb 10Waste Connections: Hauling Trash And Stacking Cash
Jan 20Here's Why We Think Waste Connections (NYSE:WCN) Is Well Worth Watching
Jan 15Pricey, But Waste Connections Still A Good Deal
Jan 09Slowing Rates Of Return At Waste Connections (NYSE:WCN) Leave Little Room For Excitement
Dec 19Waste Connections: Great Business, Poor Valuation
Oct 28Waste Connections: Waste Margin Improved 80-90bps
Sep 08Waste Connections Q4: Strong Pricing Growth And Reduced Wage Inflation Pressure
Mar 06Waste Connections: Concerns Despite A Great Track Record
Jan 02Waste Connections: Revenue Growth And Margin Expansion Signaling Strong Future Performance
Oct 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$622m |
| Jun 30 2025 | n/a | n/a | US$644m |
| Mar 31 2025 | n/a | n/a | US$629m |
| Dec 31 2024 | US$7m | US$1m | US$618m |
| Sep 30 2024 | n/a | n/a | US$940m |
| Jun 30 2024 | n/a | n/a | US$861m |
| Mar 31 2024 | n/a | n/a | US$795m |
| Dec 31 2023 | US$6m | US$892k | US$763m |
| Sep 30 2023 | n/a | n/a | US$830m |
| Jun 30 2023 | n/a | n/a | US$838m |
| Mar 31 2023 | n/a | n/a | US$853m |
| Dec 31 2022 | US$3m | US$500k | US$836m |
| Sep 30 2022 | n/a | n/a | US$808m |
| Jun 30 2022 | n/a | n/a | US$685m |
| Mar 31 2022 | n/a | n/a | US$638m |
| Dec 31 2021 | US$3m | US$500k | US$618m |
| Sep 30 2021 | n/a | n/a | US$582m |
| Jun 30 2021 | n/a | n/a | US$626m |
| Mar 31 2021 | n/a | n/a | US$222m |
| Dec 31 2020 | US$1m | n/a | US$205m |
| Sep 30 2020 | n/a | n/a | US$207m |
| Jun 30 2020 | n/a | n/a | US$208m |
| Mar 31 2020 | n/a | n/a | US$584m |
| Dec 31 2019 | US$3m | US$769k | US$567m |
| Sep 30 2019 | n/a | n/a | US$566m |
| Jun 30 2019 | n/a | n/a | US$558m |
| Mar 31 2019 | n/a | n/a | US$548m |
| Dec 31 2018 | US$14m | US$947k | US$547m |
Compensation vs Market: Ron's total compensation ($USD7.28M) is below average for companies of similar size in the US market ($USD13.50M).
Compensation vs Earnings: Ron's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ron Mittelstaedt (62 yo)
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 2.6yrs | US$7.28m | 0.092% $ 40.9m | |
| Executive VP & CFO | 7.3yrs | US$2.54m | 0.022% $ 9.7m | |
| Executive VP | 21.8yrs | US$2.31m | 0.0081% $ 3.6m | |
| Executive Vice President of Engineering & Disposal | 16.8yrs | US$2.12m | 0.017% $ 7.6m | |
| EVP & COO | less than a year | no data | no data | |
| Senior VP & Chief Accounting Officer | less than a year | no data | 0.00046% $ 203.9k | |
| Senior VP & Chief Information Officer | 21.3yrs | no data | 0.0060% $ 2.7m | |
| Vice President of Investor Relations | 2.3yrs | no data | no data | |
| VP & Deputy General Counsel of Compliance and Government Affairs | 3.8yrs | no data | no data | |
| Senior Vice President of People | 12.3yrs | no data | 0.0046% $ 2.0m | |
| Senior VP & Chief Tax Officer | less than a year | no data | 0.015% $ 6.7m | |
| Senior VP | 12.8yrs | no data | 0.0071% $ 3.1m |
Experienced Management: WCN's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 28.2yrs | US$7.28m | 0.092% $ 40.9m | |
| Independent Director | 11.5yrs | US$125.00k | 0.0047% $ 2.1m | |
| Non-Executive Chairman & Lead Independent Director | 27.5yrs | US$150.00k | 0.0032% $ 1.4m | |
| Independent Director | 18.7yrs | US$115.00k | 0.0058% $ 2.6m | |
| Independent Director | 1.7yrs | US$130.85k | 0.00017% $ 75.3k | |
| Independent Director | 3yrs | US$100.00k | no data | |
| Independent Director | 6.3yrs | US$125.00k | 0.0011% $ 509.7k | |
| Independent Director | 1.3yrs | US$80.82k | 0.00016% $ 70.9k |
Experienced Board: WCN's board of directors are considered experienced (8.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/25 02:40 |
| End of Day Share Price | 2025/11/24 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Waste Connections, Inc. is covered by 43 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harriet Li | Accountability Research Corporation |
| Christopher Murray | ATB Capital Markets |
| William Grippin | Barclays |