Allied Executives To Sell Some Of Their Company Stock

Scottsdale, Ariz. — Five executives at Scottsdale, Ariz.-based Allied Waste Industries Inc. will sell some of their shares in the company. According to a company press release, the executives "have entered into pre-arranged stock trading plans to sell a limited amount of company shares over time as part of their individual long-term asset diversification strategies. Under the terms of the plans, a broker that is not associated with the company can sell up to approximately 850,000 shares of company stock held by the executives over a period of nine months.

The officers taking part in the plan are Tom Van Weelden, chairman and CEO; Tom Ryan, executive vice president and vice chairman; Don Slager, executive vice president and COO; Pete Hathaway, executive vice president and CFO; and Steve Helm, senior vice president, general counsel and corporate secretary.