Teamsters Win Support for Increased Board Accountability at Allied Waste

WASHINGTON, May 21  /PRNewswire-USNewswire/ -- A proposal by the International Brotherhood of Teamsters General Fund, which calls for a change in the way shareholders elect their board of Directors at Allied Waste Industries, Inc. [NYSE: AW], won 56 percent support from voting shareholders at Allied's annual meeting of shareholders yesterday.

The proposal calls on the company to adopt a majority vote standard for Board elections rather than the current plurality system so as to improve Board accountability to investors.

"Allied Waste shareholders have sent a strong message to the Board of Directors that they want a real voice in director elections," said C. Thomas Keegel, General Secretary-Treasurer of the International Brotherhood of Teamsters.

At the 2006 annual meeting, 28 percent of Allied shareholders supported the majority voting proposal.

"The large increase in votes is indicative of a growing movement to make director elections more democratic," added Keegel. "With a growing number of companies adopting a majority vote standard, including Allied Waste's chief competitor Waste Management, it is time for Allied's Board to heed this call from shareholders and adopt the proposal as policy."

The International Brotherhood of Teamsters represents 1.4 million hardworking men and women throughout the United States and Canada. 

DATASOURCE: International Brotherhood of Teamsters



CONTACT:  Galen Munroe of the International Brotherhood of Teamsters,

[phone],  



Web site:  http://www.teamster.org/ 

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