ABM Industries Elects New Directors, Updates Executive Compensation
Ticker: ABM · Form: 8-K · Filed: Jul 18, 2024 · CIK: 771497
| Field | Detail |
|---|---|
| Company | Abm Industries INC /De/ (ABM) |
| Form Type | 8-K |
| Filed Date | Jul 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, board-of-directors, executive-compensation
Related Tickers: ABM
TL;DR
ABM adds 2 directors, updates exec pay. Board shakeup incoming?
AI Summary
On July 18, 2024, ABM Industries Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. Specifically, the company announced the election of two new directors, Steven L. D. Smith and Scott M. Salmirs, to its Board of Directors, effective July 15, 2024. The filing also addresses compensatory arrangements for certain officers.
Why It Matters
The election of new directors and updates to executive compensation can signal strategic shifts or governance changes within the company, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters such as director elections and executive compensation, which typically carry low inherent risk.
Key Players & Entities
- ABM Industries Inc. (company) — Registrant
- Steven L. D. Smith (person) — Newly elected director
- Scott M. Salmirs (person) — Newly elected director
- July 15, 2024 (date) — Effective date of director elections
- July 18, 2024 (date) — Date of report filing
FAQ
Who were the two new directors elected to ABM Industries' Board?
Steven L. D. Smith and Scott M. Salmirs were elected as new directors to the Board of Directors of ABM Industries Inc.
When were the new directors' elections effective?
The election of Steven L. D. Smith and Scott M. Salmirs was effective as of July 15, 2024.
What is the primary purpose of this 8-K filing?
This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is the filing date of this 8-K report?
The 8-K report was filed on July 18, 2024.
What is the principal executive office address for ABM Industries Inc.?
The principal executive offices of ABM Industries Inc. are located at One Liberty Plaza, 7th Floor, New York, New York 10006.
Filing Stats: 498 words · 2 min read · ~2 pages · Grade level 13.4 · Accepted 2024-07-18 16:07:55
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value ABM The New York Stock Ex
Filing Documents
- abm-20240715.htm (8-K) — 35KB
- 0000950170-24-084577.txt ( ) — 145KB
- abm-20240715.xsd (EX-101.SCH) — 24KB
- abm-20240715_htm.xml (XML) — 5KB
SIGNATURES
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. ABM INDUSTRIES INCORPORATED Date: July 18, 2024 By: /s/ Andrea R. Newborn Andrea R. Newborn Executive Vice President, General Counsel and Secretary