ABM Industries Management

Management criteria checks 3/4

ABM Industries' CEO is Scott Salmirs, appointed in Mar 2015, has a tenure of 9.08 years. total yearly compensation is $8.25M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth €16.53M. The average tenure of the management team and the board of directors is 4.3 years and 6.4 years respectively.

Key information

Scott Salmirs

Chief executive officer

US$8.3m

Total compensation

CEO salary percentage	12.1%
CEO tenure	9.1yrs
CEO ownership	0.6%
Management average tenure	4.3yrs
Board average tenure	6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Scott Salmirs's remuneration changed compared to ABM Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	US$258m
Oct 31 2023	US$8m	US$1m	US$251m
Jul 31 2023	n/a	n/a	US$237m
Apr 30 2023	n/a	n/a	US$196m
Jan 31 2023	n/a	n/a	US$193m
Oct 31 2022	US$8m	US$1m	US$230m
Jul 31 2022	n/a	n/a	US$216m
Apr 30 2022	n/a	n/a	US$145m
Jan 31 2022	n/a	n/a	US$128m
Oct 31 2021	US$8m	US$990k	US$126m
Jul 31 2021	n/a	n/a	US$145m
Apr 30 2021	n/a	n/a	US$215m
Jan 31 2021	n/a	n/a	US$47m
Oct 31 2020	US$10m	US$941k	US$200k
Jul 31 2020	n/a	n/a	-US$5m
Apr 30 2020	n/a	n/a	-US$24m
Jan 31 2020	n/a	n/a	US$142m
Oct 31 2019	US$6m	US$990k	US$128m
Jul 31 2019	n/a	n/a	US$88m
Apr 30 2019	n/a	n/a	US$86m
Jan 31 2019	n/a	n/a	US$81m
Oct 31 2018	US$6m	US$975k	US$96m
Jul 31 2018	n/a	n/a	US$85m
Apr 30 2018	n/a	n/a	US$84m
Jan 31 2018	n/a	n/a	US$90m
Oct 31 2017	US$5m	US$883k	US$78m

Compensation vs Market: Scott's total compensation ($USD8.25M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.

CEO

Scott Salmirs (61 yo)

9.1yrs

Tenure

US$8,253,602

Compensation

Mr. Scott B. Salmirs serves as an Independent Director at ICF International, Inc. since May 27, 2021. He has been the Chief Executive Officer and President of ABM Industries Incorporated since March 31, 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Salmirs	President	9.1yrs	US$8.25m	0.64% $ 16.5m
Earl Ellis	Executive VP & CFO	3.4yrs	US$3.00m	0.095% $ 2.5m
Rene Jacobsen	Executive VP & COO	3.4yrs	US$3.68m	0.18% $ 4.6m
Andrea Newborn	Executive VP	6.8yrs	US$2.14m	0.064% $ 1.7m
Joshua Feinberg	Executive VP and Chief Strategy & Transformation Officer	4.4yrs	US$2.82m	0.12% $ 3.1m
Dean Chin	Senior VP	13.8yrs	US$1.32m	0.023% $ 596.9k
Melanie Kirkwood Ruiz	Chief Information Officer	3.8yrs	no data	no data
Paul Goldberg	Senior Vice President of Investor Relations	2.4yrs	no data	no data
Nadeen Ayala	Chief Culture & Communication Officer	4.3yrs	no data	no data
Cary Bainbridge	Chief Marketing Officer	5yrs	no data	no data
Sean Mahoney	Executive VP and President of Sales & Marketing	6.7yrs	no data	0.063% $ 1.6m
Raul Valentin	Executive VP & Chief Human Resources Officer	2.6yrs	no data	0.042% $ 1.1m

4.3yrs

Average Tenure

59yo

Average Age

Experienced Management: AB4's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Salmirs	President	9.3yrs	US$8.25m	0.64% $ 16.5m
Art Garcia	Independent Director	7.3yrs	US$293.04k	0.0079% $ 204.9k
Winifred Webb	Independent Director	9.3yrs	US$284.83k	0.038% $ 986.9k
Donald Colleran	Independent Director	5.6yrs	US$260.03k	0.019% $ 498.6k
Thomas Gartland	Independent Director	8.5yrs	US$280.26k	0.015% $ 402.7k
James DeVries	Independent Director	1.6yrs	US$245.13k	0.0073% $ 190.3k
Quincy Allen	Independent Director	3.2yrs	US$267.20k	0% $ 0
Sudhakar Kesavan	Independent Chairman of the Board	11.7yrs	US$358.01k	0.061% $ 1.6m
LeighAnne Baker	Independent Director	5.5yrs	US$270.03k	0.019% $ 490.3k
Jill Golder	Independent Director	4.6yrs	US$267.53k	0.015% $ 387.1k

6.4yrs

Average Tenure

63yo

Average Age

Experienced Board: AB4's board of directors are considered experienced (6.4 years average tenure).

ABM Industries Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

ABM Industries Incorporated Announces Leadership Appointments

ABM Industries Incorporated, Annual General Meeting, Mar 27, 2024

ABM Industries Incorporated, Annual General Meeting, Mar 22, 2023

ABM Appoints James “Jim” DeVries to Board of Directors

Insider recently bought €238k worth of stock

Recent updates

Upcoming dividend of US$0.23 per share

First quarter dividend of US$0.23 announced

First quarter 2024 earnings released: EPS: US$0.70 (vs US$0.58 in 1Q 2023)

ABM Industries Incorporated Approves Quarterly Cash Dividend, Payable on May 6, 2024

Insufficient new directors

ABM Industries Incorporated Announces Leadership Appointments

ABM Industries Incorporated to Report Q1, 2024 Results on Mar 07, 2024

ABM Industries Incorporated, Annual General Meeting, Mar 27, 2024

Upcoming dividend of US$0.23 per share at 2.0% yield

Full year 2023 earnings released: EPS: US$3.81 (vs US$3.43 in FY 2022)

ABM Industries Incorporated Approves Quarterly Cash Dividend for the Fourth Quarter Ended October 31, 2023, Payable on February 5, 2024

ABM Industries Incorporated to Report Q4, 2023 Results on Dec 13, 2023

Upcoming dividend of US$0.22 per share at 2.3% yield

New minor risk - Earnings quality

ABM Industries Incorporated Declares Cash Dividend, Payable on November 6, 2023

Third quarter 2023 earnings released: EPS: US$1.48 (vs US$0.85 in 3Q 2022)

ABM Industries Incorporated to Report Q3, 2023 Results on Sep 07, 2023

Upcoming dividend of US$0.22 per share at 2.1% yield

Abm Industries Incorporated Provides Earnings Outlook for the Year 2023

Second quarter 2023 earnings released: EPS: US$0.78 (vs US$0.73 in 2Q 2022)

ABM Industries Incorporated to Report Q2, 2023 Results on Jun 06, 2023

Upcoming dividend of US$0.22 per share at 2.0% yield

First quarter 2023 earnings released: EPS: US$0.58 (vs US$1.12 in 1Q 2022)

ABM Industries Incorporated, Annual General Meeting, Mar 22, 2023

Upcoming dividend of US$0.22 per share

Full year 2022 earnings released: EPS: US$3.43 (vs US$1.87 in FY 2021)

ABM Industries Incorporated Provides Earnings Guidance for Fiscal 2023

ABM Declares Quarterly Cash Dividend, Payable on February 6, 2023

ABM Industries Incorporated to Report Q4, 2022 Results on Dec 13, 2022

Upcoming dividend of US$0.20 per share

Third quarter 2022 earnings released: EPS: US$0.85 (vs US$0.20 loss in 3Q 2021)

ABM Industries Incorporated Declares Quarterly Dividend Payable on November 7, 2022

ABM Appoints James “Jim” DeVries to Board of Directors

ABM Industries Incorporated (NYSE:ABM) acquired Ravenvolt, Inc. for $450 million.

ABM Industries Incorporated to Report Q3, 2022 Results on Sep 09, 2022

ABM Industries Incorporated (NYSE:ABM) agreed to acquire Ravenvolt, Inc. for $450 million.

Abm Redefines Parking Infrastructure and Driver Experience with Debut of ABMVantage Integrated Mobility Solution

Upcoming dividend of US$0.20 per share

Insider recently bought €238k worth of stock

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$0.73 (vs US$0.46 in 2Q 2021)

ABM Industries Incorporated Revises Earnings Guidance for the Fiscal Year 2022

ABM Launches Business Ventures Program

ABM Industries Incorporated to Report Q2, 2022 Results on Jun 08, 2022

ABM Industries Incorporated (NYSE:ABM) acquired Maybin Support Services (Ireland) Limited, Momentum Support Ltd and Momentum Property Support Service Limited.

Upcoming dividend of US$0.20 per share

Independent Director recently sold €85k worth of stock

ABM Industries Incorporated Raises Earnings Guidance for the Fiscal Year 2022

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

ABM Industries Incorporated to Report Q1, 2022 Results on Mar 08, 2022

Upcoming dividend of US$0.20 per share

Investor sentiment deteriorated over the past week

ABM Industries Incorporated Provides Earnings Forecast for the Fiscal Year 2022

Independent Director recently sold €102k worth of stock

Upcoming dividend of US$0.19 per share

Independent Director recently bought €63k worth of stock

Third quarter 2021 earnings released: US$0.20 loss per share (vs US$0.84 profit in 3Q 2020)

ABM Industries Incorporated (NYSE:ABM) entered into a purchase agreement to acquire Crown Building Maintenance Co. Inc. and Crown Energy Services, Inc. from Paul Boschetto, Michael Boschetto and Paul Bensi for approximately $830 million.

Upcoming dividend of US$0.19 per share

Second quarter 2021 earnings released: EPS US$0.46 (vs US$2.05 loss in 2Q 2020)

ABM Industries Incorporated Provides Financial Guidance for Fiscal 2021

Upcoming dividend of US$0.19 per share

Senior VP recently sold €121k worth of stock

Revenue beats expectations

First quarter 2021 earnings released: EPS US$1.11 (vs US$0.42 in 1Q 2020)

ABM Industries Incorporated to Report Q1, 2021 Results on Mar 09, 2021

New 90-day high: €35.00

ABM Industries Incorporated, Annual General Meeting, Mar 24, 2021

ABM Elects Quincy Allen as an Independent Director