Company: ABM
Filing Date: 2025-02-14
Form Type: DEF 14A
Source: 0000950170-25-020776
Chunk: 7

Company: ABM INDUSTRIES INC /DE/
Filing Date: 2025-02-14
Form: DEF 14A
Chunk 7
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 Executive Officer, ADT Corporation                | Yes         | Compensation                           |
| Art A. Garcia      |  63 |          2017 | Former Executive Vice President and Chief Financial Officer, Ryder System, Inc. | Yes         | Audit, Chair;                          
 Stakeholder and Enterprise Risk        |
| Thomas M. Gartland |  67 |          2015 | Chairman and Chief Executive Officer of Montway Auto Group                      | Yes         | Compensation;                          
 Governance, Chair                      |
| Jill M. Golder     |  62 |          2019 | Former Chief Financial Officer, Cracker Barrel Old Country Store, Inc.          | Yes         | Audit;                                 
 Governance                             |
| Sudhakar Kesavan   |  70 |          2012 | Former Executive Chairman, ICF International, Inc.                              | Yes         | Governance                             |
| Scott Salmirs      |  62 |          2015 | President and Chief Executive Officer, ABM Industries Incorporated              | No          |                                        |
| Winifred M. Webb   |  66 |          2014 | Former Senior Executive, Ticketmaster and The Walt Disney Company               | Yes         | Audit;                                 
 Stakeholder and Enterprise Risk, Chair |

Corporate Governance

Our Board is committed to thoughtful and independent representation of stockholder interests and corporate governance policies and practices that drive long-term stockholder value. The following points summarize certain aspects of our corporate governance:

| ü | All directors and nominees other than Chief Executive Officer are independent  | ü | Robust director and executive officer stock ownership guidelines |
| ü | Separate Chairman of Board and Chief Executive Officer                         | ü | Regular executive sessions of independent directors              |
| ü | Director overboarding policy                                                   | ü | Risk oversight by Board and Committees                           |
| ü | Majority voting with resignation policy for directors in uncontested elections | ü | Declassified Board                                               |
| ü | Board focused on refreshment and director succession planning                  | ü | Thorough annual Board and Committee self-evaluation process      |
| ü | Experienced Board that provides a range of viewpoints                          | ü | Annual Board review of Company’s strategic plan                  |

ivABM Industries Incorporated 2025 Proxy Statement

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Board Independence, Composition and Tenure

Our Corporate Governance Principles provide that a majority of our directors must be independent. Our Board is comprised of independent directors, with the exception of Mr. Salmirs.

Our Board maintains an ongoing commitment to refreshment