Waste Connections (WCN) executive compensation, 2026 proxy

Ronald J. Mittelstaedt, President and Chief Executive Officer, was paid $9.8M in 2025, up 34% from $7.3M the year before. The CEO-to-median-employee pay ratio was 130:1, on median employee pay of $74,945.

Filed
April 2, 2026
Annual meeting
May 15, 2026
Pay year
2025
Named executives
5
CEO total pay
$9.8M+34% vs prior year
CEO to median employee
130:1median $74,945
CEO pay in equity
54%$5.3M in awards
Prior say-on-pay support
95%of votes cast
Revenue
$9.467BUp 6.1% from prior year
Adjusted EBITDA
$3.125B7.7% increase year-over-year
Adjusted Free Cash Flow
$1.259B13.3% of revenue
Capital and Acquisitions
$2.2B+Deployed in 2025

How Mittelstaedt was paid

$9.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary12%Stock awards54%Non-equity incentive32%All other compensation2%

Named executive officers

ExecutiveTotal
Ronald J. MittelstaedtPresident and Chief Executive Officer$9,757,565
Mary Anne WhitneyExecutive Vice President and Chief Financial Officer$3,191,275
Patrick J. SheaExecutive Vice President, General Counsel and Secretary$2,814,880
James M. LittleExecutive Vice President – Engineering and Disposal$2,590,325
Domenico D. “Dan” PioSenior Vice President – Operations$2,273,813

What changed and why

  • $9.467BRevenue grew 6.1% year-over-year to $9.467 billion driven by price-led organic growth and acquisitions.
  • $3.125BAdjusted EBITDA expanded by 7.7% to $3.125 billion with margin expansion of 50 basis points.
  • $9.8MCEO total compensation increased to $9,757,565 in fiscal 2025 from $7,276,372 in fiscal 2024.
  • $2.2BOver $2.2 billion was deployed for capital expenditures and acquisitions to strategically expand the business.
  • 95%Shareholders approved the prior say-on-pay proposal with more than 95% support.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.