COVID Stimulus Watch Individual Entry
Recipient Company:
Waste Management Inc
Loan or Loan Guarantee Amount:
$1,055,230
Recipient Details
Ownership Structure: publicly traded (ticker symbol WM)
Award Details
Award Date: Sep 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Waste Management Inc.
Headquartered in: Texas
Parent Sector: waste management and environmental services
Parent Industry: waste management
Employees (prior to pandemic): 44,900
Accountability Issues Since 2010
Employment-related Penalties: $29,371,240
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $9,304,109
Ratio of CEO Pay to that of Median Worker: 149 to 1
CEO Compensation: $11,298,101
Worker Median Pay: $76,048
Total Federal, State, and Local Subsidies: $19,262,422
Federal Corporate Income Tax Rate: 12.4%
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