ABM Industries Incorporated (NYSE:ABM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02, Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers and amends the 8-K filed by the
Company on March 8, 2017 to update disclosures made under Item
5.07, Submission of Matters to a Vote of Security Holders.
Item 5.02.Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On January 26, 2017, ABM Industries Incorporated filed a Current
Report on Form 8-K to announce the election of Art A. Garcia and
Filippo Passerini to its Board of Directors. At the time of their
election, the Board had not yet determined the committees on
which Messrs. Garcia and Passerini would serve.
to Instruction 2 to Item 5.02 of Form 8-K, this amendment on Form
8-K is being filed to report that on March 7, 2017, the Board
appointed Mr. Garcia as a member of its Audit Committee and its
Strategy and Enterprise Risk Committee, effective on that date,
and the Board appointed Mr. Passerini as a member of its
Compensation Committee and its Strategy and Enterprise Risk
Committee, effective on that date.
Item 5.07.Submission of Matters to a Vote of Security
In a non-binding advisory vote on the frequency of the advisory
vote on the compensation paid to the Company’s named executive
officers (say-on-pay) held at the 2017 Annual Meeting,
stockholders voted in favor of holding say-on-pay votes annually,
which was also the Board’s recommendation. Accordingly, the
Company will hold advisory say-on-pay votes on an annual basis
until the next required vote on the frequency of such say-on-pay
About ABM Industries Incorporated (NYSE:ABM)
ABM Industries Incorporated is a provider of integrated facility solutions. The Company operates through five segments: Janitorial, Facility Services, Parking, Building & Energy Solutions, and other. Its Janitorial segment provides a range of cleaning services for commercial office buildings, data centers, educational institutions, government buildings, health facilities, industrial buildings, retail stores, sport event facilities and transportation hubs. Its Facility Services segment provides onsite mechanical engineering and technical services and solutions relating to a range of facilities and infrastructure systems. Its Parking segment provides parking and transportation services. Its Building & Energy Solutions segment provides energy solutions; electrical; heating, ventilation and air conditioning; lighting, and other general maintenance and repair services for clients. Its other segment provides facility solutions to airlines and airports. ABM Industries Incorporated (NYSE:ABM) Recent Trading Information
ABM Industries Incorporated (NYSE:ABM) closed its last trading session down -0.15 at 42.35 with 665,541 shares trading hands.