--- title: "Waste Management Promotes Tara Hemmer to Chief Operating Officer" type: "News" locale: "en" url: "https://longbridge.com/en/news/286277019.md" description: "Waste Management has promoted Tara Hemmer to Chief Operating Officer, succeeding John Morris. Hemmer, who has been with the company since 1999, will oversee operations and sustainability initiatives. Rafael E. Carrasco will retire on July 17, 2026, after a decade in senior roles. The company maintains a Buy rating for its stock with a price target of $264.00, supported by strong business performance but tempered by high leverage and valuation concerns. Waste Management is a leading provider of environmental services in North America, with a market cap of $87.4B." datetime: "2026-05-13T13:52:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286277019.md) - [en](https://longbridge.com/en/news/286277019.md) - [zh-HK](https://longbridge.com/zh-HK/news/286277019.md) --- # Waste Management Promotes Tara Hemmer to Chief Operating Officer ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An update from Waste Management ( (WM) ) is now available. On May 13, 2026, WM announced that its board promoted longtime executive Tara Hemmer to executive vice president and chief operating officer, succeeding John Morris in the COO role while she continues to oversee recycling, renewable energy and other sustainability businesses. Hemmer, who joined WM in 1999 and has led its sustainability growth strategy, will receive increased compensation and a multi-year restricted stock unit package as she assumes responsibility for the company’s operating platform and more than 47,000 frontline employees. The company also disclosed that Rafael E. Carrasco, senior vice president of enterprise strategy and president of WM Healthcare Solutions, notified WM on May 8, 2026 that he will retire effective July 17, 2026 after a decade in senior operational roles. Carrasco, credited with leading the Stericycle acquisition and integration that underpins WM’s medical waste and Shred-it growth platform, will see his healthcare solutions business report directly to President John Morris following his departure, signaling both leadership continuity and a tighter alignment of WM’s core and healthcare operations. The most recent analyst rating on (WM) stock is a Buy with a $264.00 price target. To see the full list of analyst forecasts on Waste Management stock, see the WM Stock Forecast page. **Spark’s Take on WM Stock** According to Spark, TipRanks’ AI Analyst, WM is a Outperform. The score is driven primarily by strong underlying business performance and cash generation, reinforced by a positive earnings update with reiterated guidance and robust free-cash-flow/shareholder returns. The rating is held back by elevated leverage, a relatively expensive valuation (P/E ~32 with a modest ~1.5% yield), and only neutral-to-soft near-term technical momentum. To see Spark’s full report on WM stock, click here. **More about Waste Management** WM, formerly known as Waste Management and based in Houston, is North America’s leading provider of comprehensive environmental services, offering collection, recycling and disposal to residential, commercial, industrial, medical and municipal customers across the U.S. and Canada. The company operates the region’s largest disposal network and collection fleet, is the largest recycler, and is a major producer of renewable natural gas and landfill gas-to-energy, while also providing regulated medical waste and secure information destruction services in North America and Western Europe. **Average Trading Volume:** 2,106,235 **Technical Sentiment Signal:** Hold **Current Market Cap:** $87.4B ### Related Stocks - [WM.US](https://longbridge.com/en/quote/WM.US.md) - [EVX.US](https://longbridge.com/en/quote/EVX.US.md) ## Related News & Research - [Waste Management Shareholders Back Board, Pay and ESPP Plan](https://longbridge.com/en/news/286428413.md) - [Keybank National Association OH Acquires 4,600 Shares of Waste Management, Inc. $WM](https://longbridge.com/en/news/284757036.md) - [How Investors May Respond To American Healthcare REIT (AHR) Cutting 2026 Profit Outlook After Q1 Results](https://longbridge.com/en/news/286866277.md) - [Assessing MillerKnoll (MLKN) Valuation After New EIR Healthcare Partnership In Prefabricated Clinics](https://longbridge.com/en/news/286684089.md) - [GE HealthCare Technologies Sticks to Growth Story After Inflation-Driven Guidance Cut](https://longbridge.com/en/news/286668803.md)