Chappel joined Waste Management in 1987 as vice president and controller of a newly formed operating subsidiary. From there he served in a number of financial positions of increasing responsibility in operating subsidiaries, leading to his appointment as chief financial officer by the company’s board of directors. During the period between his two tours as chief financial officer, he served as senior vice president of operations and administration, a role in which Chappel led operations targeted for divestiture and successfully divested those operations. Prior to Waste Management, Chappel served in financial leadership roles at Beatrice Companies and a major public accounting firm. He earned his bachelor’s degree in accounting from the University of Illinois in Chicago. He is a certified public accountant. Chappel succeeds Jack McCarthy, who retired at year-end 2002 after 10 years as chief financial officer. Gary Belitz, who had served as acting chief financial officer since the beginning of this year, will continue to serve as the company’s controller and chief accounting officer, his role at Williams for the last 10 years.