WMI drops Arthur Andersen.(Waste Management Inc.)(Brief Article)
Waste News, April, 2002 by Johnson, Jim
Waste Management Inc.'s sometimes-rocky history with Arthur Andersen LLP is over. The nation's largest solid waste management company decided to part ways with the beleaguered auditing firm March 21 as the list of public companies ditching the accounting firm continues to rise in the wake of the firm's involvement in the Enron scandal.
Ernst & Young LLP, another Big Five accounting firm, now receives WMI's auditing business. ``This is a new Waste Management with a new executive team pursuing a new strategy,'' said A. Maurice Myers, WMI's chairman, president and CEO. ``The selection of Ernst & Young is one more step in firmly establishing a new Waste Management.'' WMI, which suffered through its own accounting problems before Myers arrived...
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