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What began as a small waste collection company in Chicago evolved into North America's leading provider of waste management services. This narrative details the creation and transformation of Waste Management, Inc., focusing on the young talent that fueled its growth. A pivotal figure was Dean Buntrock, who, in the mid-1950s, took over his wife's family garbage hauling business in Cicero, Illinois. Over twelve years, he gathered the assets that would become Waste Management Inc. Recognizing the need for investment, Buntrock partnered with Wayne Huizenga and Lawrence Beck. In a bold move, they rejected a corporate suitor and took the company public in June 1971, securing the capital necessary for expansion and compliance with evolving environmental regulations. As the industry faced consolidation, Waste Management Inc. absorbed thousands of companies over the decades. Buntrock excelled at recruiting talented individuals from finance, accounting, and engineering backgrounds, many of whom were inexperienced but eager to tackle challenges. Together with seasoned waste operators, they formed the management team that propelled the business forward. This account includes interviews with company leaders and firsthand experiences of acquisitions, showcasing the perseverance and dedication of those who built a vital public service.
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The Waste Managers, William J Plunkett
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- 2023
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