ABM Industries Management

Management criteria checks 3/4

ABM Industries' CEO is Scott Salmirs, appointed in Mar 2015, has a tenure of 9.67 years. total yearly compensation is $8.25M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth €19.04M. The average tenure of the management team and the board of directors is 4.8 years and 7 years respectively.

Key information

Scott Salmirs

Chief executive officer

US$8.3m

Total compensation

CEO salary percentage	12.1%
CEO tenure	9.7yrs
CEO ownership	0.6%
Management average tenure	4.8yrs
Board average tenure	7yrs

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
Jul 31 2024	n/a	n/a	US$156m
Apr 30 2024	n/a	n/a	US$249m
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

Compensation vs Market: Scott's total compensation ($USD8.25M) is above average for companies of similar size in the German market ($USD1.92M).

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

CEO

Scott Salmirs (62 yo)

9.7yrs

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	9.7yrs	US$8.25m	0.56% € 19.0m
Earl Ellis	Executive VP & CFO	4yrs	US$3.00m	0.032% € 1.1m
Rene Jacobsen	Executive VP & COO	4yrs	US$3.68m	0.11% € 3.9m
Andrea Newborn	Executive VP	7.3yrs	US$2.14m	0.045% € 1.5m
Dean Chin	Senior VP	14.4yrs	US$1.32m	0.021% € 701.6k
Melanie Kirkwood Ruiz	Chief Information Officer	4.3yrs	no data	no data
Paul Goldberg	Senior Vice President of Investor Relations	3yrs	no data	no data
Nadeen Ayala	Chief Culture & Communication Officer	4.8yrs	no data	no data
Cary Bainbridge	Chief Marketing Officer	5.6yrs	no data	no data
Sean Mahoney	Executive VP and President of Sales & Marketing	7.3yrs	no data	0.064% € 2.2m
Raul Valentin	Executive VP & Chief Human Resources Officer	3.2yrs	no data	0.042% € 1.4m
Valerie Burd	President of Business & Industry	4.8yrs	no data	no data

4.8yrs

Average Tenure

60yo

Average Age

Experienced Management: AB4's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Salmirs	President	9.8yrs	US$8.25m	0.56% € 19.0m
Art Garcia	Independent Director	7.8yrs	US$293.04k	0.0079% € 268.6k
Winifred Webb	Independent Director	9.9yrs	US$284.83k	0.038% € 1.3m
Donald Colleran	Independent Director	6.2yrs	US$260.03k	0.019% € 653.9k
Thomas Gartland	Independent Director	9.1yrs	US$280.26k	0.016% € 528.4k
James DeVries	Independent Director	2.2yrs	US$245.13k	0.0074% € 249.3k
Quincy Allen	Independent Director	3.8yrs	US$267.20k	no data
Sudhakar Kesavan	Independent Chairman of the Board	12.3yrs	US$358.01k	0.062% € 2.1m
LeighAnne Baker	Independent Director	6.1yrs	US$270.03k	0.019% € 643.1k
Jill Golder	Independent Director	5.2yrs	US$267.53k	0.015% € 507.8k

7.0yrs

Average Tenure

64yo

Average Age

Experienced Board: AB4's board of directors are considered experienced (7 years average tenure).

ABM Industries Management

Management criteria checks 3/4

Key information

Recent management updates

ABM Announces Management Changes

ABM Industries Incorporated Announces Josh Feinberg, Executive Vice President and Chief Strategy and Transformation Officer Transitions into the Role of Senior Advisor

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

Recent updates

ABM Announces Management Changes

Third quarter dividend of US$0.23 announced

Third quarter 2024 earnings released: EPS: US$0.074 (vs US$1.48 in 3Q 2023)

ABM Industries Incorporated to Report Q3, 2024 Results on Sep 06, 2024

ABM Industries Incorporated Announces Josh Feinberg, Executive Vice President and Chief Strategy and Transformation Officer Transitions into the Role of Senior Advisor

ABM Industries Incorporated (NYSE:ABM) acquired Quality Uptime Services, LLC for approximately $120 million.

Abm Industries Incorporated Declares Quarterly Cash Dividend, Payable on August 5, 2024

Second quarter dividend of US$0.23 announced

Second quarter 2024 earnings released: EPS: US$0.69 (vs US$0.78 in 2Q 2023)

ABM Industries Incorporated to Report Q2, 2024 Results on Jun 06, 2024

ABM Industries Incorporated Expands EV Infrastructure Capabilities to Service Fleets Across the Private and Public Sectors

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.