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8-K - FORM 8-K - ABM INDUSTRIES INC /DE/ | c93469e8vk.htm |
Exhibit 99.1
551 Fifth Avenue Suite 300 New York, NY 10176 PRESS RELEASE |
ABM INDUSTRIES NAMES NEW INDEPENDENT DIRECTOR
J. Philip Ferguson, Investment Management Executive, to Join ABM Board
NEW YORK, NY December 7, 2009 ABM Industries Incorporated (NYSE: ABM) announced today that
its board of directors elected J. Philip Ferguson as an independent director. A longtime
investment management executive, Ferguson most recently served as chairman, president and chief
investment officer of AIM Capital Management, Inc. (now Invesco AIM). Ferguson was appointed to
the boards audit committee. ABM Industries, which operates through its subsidiaries, is the
leading provider of facility services in the United States.
Phils deep and broad knowledge gained as an investment executive with several of the countrys
leading firms will be a terrific asset to the ABM board, said Henrik Slipsager, president and
chief executive officer of ABM Industries Incorporated. We look forward to leveraging his
extensive experience and expertise as ABM launches its second century in business and builds on our
leadership in facility services.
Bringing more than 40 years of experience in multiple aspects of the investment management
industry, Ferguson rose to chairman, president and chief investment officer of AIM Capital
Management, overseeing equity and fixed-income portfolio management, investment strategies and the
firms staff. He joined AIM Capital Management in 2000 as senior investment officer and helped
shape its product line, portfolio strategies and investment policies before retiring as chairman in
2007. Previously, Ferguson held senior roles at several investment management firms, including:
managing partner at Beutel, Goodman & Company; senior vice president at Lehman Brothers, Inc.; and
vice president of Goldman, Sachs & Company. Ferguson holds a finance degree from Texas Christian
University, a certificate in international law from the City of London College and a juris
doctorate degree from the University of Texas Law School. A native of Texas, he has served on
several industry, investment and civic boards, including the Investor Adviser Association, the
University of Texas Investment Management Company, the Houston Ballet and the Museum of Fine Arts,
Houston.
We look forward to working with Phil and the wealth of financial knowledge and experience he
brings to our board and the audit committee, said Maryellen Herringer, chairman of the board of
directors, ABM Industries Incorporated. He is a highly respected, successful executive who will
play a valuable role in helping to advance ABMs businesses.
About ABM Industries Incorporated
ABM Industries Incorporated (NYSE:ABM), which operates through its subsidiaries (collectively
ABM), is the leading provider of facility services in the United States. With fiscal 2008
revenues in excess of $3.6 billion and approximately 100,000 employees, ABM provides janitorial,
facility, engineering, parking and security services for thousands of commercial, industrial,
institutional and retail facilities across the United States, Puerto Rico and British Columbia,
Canada. ABMs business services include ABM Janitorial Services, ABM Facility Services, ABM
Engineering Services, Ampco System Parking, and ABM Security Services. For more information visit
www.abm.com.
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Contact
Media:
|
Tony Mitchell | Investors & Analysts: | David Farwell | |||
(212) 297-9828 | (212) 297-9792 | |||||
tony.mitchell@abm.com | dfarwell@abm.com |