Daniel Florness joins Waste Connections (NYSE: WCN) board and audit committee
Rhea-AI Filing Summary
Waste Connections, Inc. has expanded its Board of Directors from eight to nine members and appointed Daniel L. Florness as a director, effective April 1, 2026. He will also join the Board’s Audit Committee on that date as an independent director.
Florness, age 62, is currently Chief Executive Officer and a director of Fastenal Company, with prior experience as its President, CFO and as a senior manager at KPMG LLP. He will receive standard non-employee director compensation, pro-rated for his partial term, and will enter into the company’s standard indemnification agreement.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
Pursuant To Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 18, 2026, upon the recommendation of its Nominating and Corporate Governance Committee, the Board of Directors (the “Board”) of Waste Connections, Inc. (the “Company”) increased the size of the Board from eight to nine members, and appointed Daniel L. Florness to the Board effective April 1, 2026. In connection with his appointment to the Board, the Board also appointed Mr. Florness to serve as a member of the Board’s Audit Committee, effective April 1, 2026.
Mr. Florness, 62, currently serves as the Chief Executive Officer and a member of the board of directors for Fastenal Company (“Fastenal”), positions he has held since 2016. He previously served as Fastenal’s President and Chief Executive Officer from 2016 to 2024, Executive Vice President and Chief Financial Officer from 2002 to 2015, and Chief Financial Officer from 1996 to 2002. Prior to joining Fastenal, Mr. Florness served in a variety of positions, including Senior Manager, with KPMG LLP from 1986 to 1996. Mr. Florness earned an undergraduate degree in accounting from the University of Wisconsin – River Falls. Mr. Florness has announced his intention to step out of his role as Fastenal’s CEO and resign from its Board effective July 16, 2026.
The Board has determined that Mr. Florness meets the independence standards for service on the Board and the Audit Committee adopted by the Board in compliance with the New York Stock Exchange corporate governance listing standards, Items 407(a) and (d) of Regulation S-K and applicable securities laws in Canada.
Mr. Florness has no arrangements or understandings with any other person pursuant to which he was selected as a director, and no family relationship with any director or executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer. Mr. Florness has had no direct or indirect material interest in any transaction or series of similar transactions contemplated by Item 404(a) of Regulation S-K.
Mr. Florness will receive the standard compensation, a portion of which will be pro-rated to reflect the actual time Mr. Florness will serve on the Board this term, paid by the Company to all of its non-employee directors and as described under “Director Compensation and Equity Ownership” in the Company’s 2025 Management Information Circular and Proxy Statement for its Annual Meeting of Shareholders filed with the Securities and Exchange Commission (“SEC”) and applicable securities commissions or similar regulatory authorities in Canada on April 4, 2025. In connection with his appointment, Mr. Florness will enter into a standard indemnification agreement with the Company in the form previously approved by the Board, which is filed as Exhibit 10.12 to the Company’s Current Report on Form 8-K filed with the SEC on June 7, 2016.
A copy of the press release announcing the appointment of Mr. Florness to the Board is filed as Exhibit 99.1 hereto.
Item 9.01. Financial Statements and Exhibits.
| (d) | Exhibits |
| 99.1 | Press Release, dated March 18, 2026, issued by Waste Connections, Inc. |
| 104 | The cover page of Waste Connections, Inc. on Current Report on Form 8-K formatted in Inline XBRL. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| WASTE CONNECTIONS, INC. | ||
| Date: March 18, 2026 | By: | /s/ Patrick J. Shea |
| Patrick J. Shea | ||
| Executive Vice President, General Counsel and Secretary | ||
Exhibit 99.1
WASTE CONNECTIONS APPOINTS DANIEL L. FLORNESS
TO ITS BOARD OF DIRECTORS
TORONTO, ONTARIO, March 18, 2026 – Waste Connections, Inc. (TSX/NYSE: WCN) (“Waste Connections” or the “Company”) today announced that Daniel L. Florness has been appointed to its Board of Directors, effective April 1, 2026.
“We are very pleased to welcome Dan to our Board,” said Ronald J. Mittelstaedt, President and Chief Executive Officer. “Dan is an accomplished executive with a wealth of experience in C-suite level leadership roles for a public company. He has intimate knowledge of servant leadership, accounting, marketing and public finance. Dan will be an outstanding addition to our Board.”
Mr. Florness, 62, currently serves as the Chief Executive Officer and a member of the board of directors for Fastenal Company (“Fastenal”), positions he has held since 2016. He previously served as Fastenal’s President and Chief Executive Officer from 2016 to 2024, Executive Vice President and Chief Financial Officer from 2002 to 2015, and Chief Financial Officer from 1996 to 2002. Prior to joining Fastenal, Mr. Florness served in a variety of positions, including Senior Manager, with KPMG LLP from 1986 to 1996. Mr. Florness earned an undergraduate degree in accounting from the University of Wisconsin – River Falls. Mr. Florness has announced his intention to step out of his role as Fastenal’s CEO and resign from its Board effective July 16, 2026.
About Waste Connections
Waste Connections (wasteconnections.com) is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation. The Company serves approximately nine million residential, commercial and industrial customers in mostly exclusive and secondary markets across 46 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S. and Canada, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. Waste Connections views its Environmental, Social and Governance (“ESG”) efforts as integral to its business, with initiatives consistent with its objective of long-term value creation and focused on reducing emissions, increasing resource recovery of both recyclable commodities and clean energy fuels, reducing reliance on off-site disposal for landfill leachate, further improving safety and enhancing employee engagement. Visit wasteconnections.com/sustainability for more information and updates on our progress towards targeted achievement.
CONTACTS:
| Mary Anne Whitney / (832) 442-2253 | Joe Box / (832) 442-2153 |
| maryannew@wasteconnections.com | joe.box@wasteconnections.com |
FAQ
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Filing Exhibits & Attachments
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