UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company |
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On October 2, 2019, ABM Industries Incorporated (the “Company”) issued a press release announcing certain shifts in the Company’s existing senior management team. Effective October 1, 2019, Rene Jacobsen, President of the Company’s Business & Industry Group since February 2016, was appointed Chief Facilities Services Officer. Mr. Jacobsen joined the Company in 2012 and served as Executive Vice President of ABM’s West Region from 2012 until February 2016. Also effective October 1, 2019, Scott Giacobbe, the Company’s Chief Operating Officer since November 2017, was appointed Chief Revenue Officer. In their roles, Messrs. Giacobbe and Jacobsen will be acting as the Company’s co-principal operating officers.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| 99.1 | Press Release issued by ABM Industries Incorporated, dated October 2, 2019. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ABM INDUSTRIES INCORPORATED
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| Dated: October 2, 2019 | By: | /s/ Andrea R. Newborn | |
| Andrea R. Newborn | |||
| Executive Vice President, General Counsel and Secretary |
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Exhibit 99.1
FOR IMMEDIATE RELEASE
ABM Announces Strategic Leadership Changes
New York, NY – October 2, 2019 – ABM (NYSE: ABM), a leading provider of facility solutions, today announced two key executive leadership changes to reinforce the Company’s commitment to long-term profitable growth.
Scott Giacobbe, the Company’s Chief Operating Officer, has been named Chief Revenue Officer and Rene Jacobsen, the Company’s President of Business & Industry, has been named Chief Facilities Services Officer. Both will report directly to ABM’s President and Chief Executive Officer Scott Salmirs.
Mr. Salmirs commented, “Over the years, both Scott and Rene have been instrumental in supporting ABM’s 2020 Vision and I look forward to their future contributions in these new roles. I believe these changes will further sharpen our collective focus on new sales, client retention and segment profit.”
As Chief Revenue Officer, Mr. Giacobbe will be responsible for all revenue-generating functions to drive growth, including Sales and Marketing. He will also continue to be responsible for ABM’s Technical Solutions segment, as the Company amplifies its cross-selling capabilities.
In his new role as Chief Facilities Services Officer, Mr. Jacobsen will oversee ABM’s Business & Industry, Aviation, Education, and Technology & Manufacturing segments to reinforce operational efficiencies and enhance productivity.
Mr. Salmirs continued, “Today’s announcement demonstrates our commitment to aligning our organizational structure with our strategic priorities. The continuous evolution of our leadership team will enable us to fulfill our vision to be the clear choice in the industries we serve.”
Since joining ABM through its acquisition of the Linc Group in 2010, Scott Giacobbe has been with ABM in various roles over his tenure, including serving as Executive Vice President and Chief Operating Officer and President of ABM’s Technical Solutions. Mr. Giacobbe began his career at Honeywell in 1987, where he held leadership roles in sales, sales management and regional management.
Rene Jacobsen joined ABM in 2012 as Executive Vice President of ABM’s West Region. With more than 30 years of experience leading large, complex service organizations within the facility services industry, Mr. Jacobsen most recently served as Executive Vice President and President of Business & Industry, ABM’s largest operating segment.
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ABOUT ABM
ABM (NYSE: ABM) is a leading provider of facility solutions with revenues of approximately $6.4 billion and approximately 140,000 employees in 350+ offices throughout the United States and various international locations. ABM’s comprehensive capabilities include janitorial, electrical & lighting, energy solutions, facilities engineering, HVAC & mechanical, landscape & turf, mission critical solutions and parking, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes - from schools and commercial buildings to hospitals, data centers, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com.
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CONTACT
Investor Relations and Treasury:
Susie A. Kim
(212) 297-9721
susie.kim@abm.com
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