HOUSTON (AP) -- Waste Management named an executive with its eastern regional group as chief financial officer Thursday.
James Fish Jr., 50, will take over after the second quarter financial report is completed. That report is scheduled for release in mid-September.
Fish, now a senior vice president, will also become an executive vice president.
Steven Preston, who is the principal financial officer at the Houston company, is pursuing CEO jobs at other companies and will remain with the company through the third quarter to help with the transition.
Preston, 52, joined Waste Management last year after it acquired Oakleaf Global Holdings, a network of independent trash haulers, where he was president and chief executive.
Fish was originally hired by Waste Management in 2001 as its director of financial planning and analysis. He was promoted to his current position last year.
Shares of Waste Management Ind. fell 15 cents to $33.30 in afternoon trading.