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Ron Mittelstaedt

Ron Mittelstaedt

Chief Executive Officer, Waste Connections

Appears in 1 story

Notable Quotes

"Our intentional focus on making Waste Connections a great place to build a career is leading to reduced driver and technician turnover." β€” Ron Mittelstaedt, Q4 2024 earnings call

Stories

AI and automation transform waste industry economics

New Capabilities

Expanding AI robotics partnership with AMP

For decades, recycling profitability rose and fell with commodity pricesβ€”a business model that collapsed when China banned waste imports in 2018 and recycled material prices cratered. WM's response: pour $3 billion into automated facilities that cut labor costs 30% and double EBITDA margins compared to legacy plants. In Q4 2024, the company hit a 30% operating EBITDA margin for the first time in its history.

Updated Jan 23