ABM Industries Appoints New Chief Executive Officer

Zacks

Leading provider of facility solutions, ABM Industries Incorporated (ABM), recently announced the appointment of Scott Salmirs as its Chief Executive Officer (CEO). Scott Salmirs will hold the new office effective Mar 31, 2015 after the existing President and CEO Henrik Slipsager steps down from his position.

The newly appointed CEO is expected to drive ABM to newer heights. With his leadership traits, expertise and experience, he is expected to guide the company’s business to unlock further value. Scott Salmirs already possesses experience in ABM’s aviation division and all international activities. Going forward, he expects to steer the company on the growth path by completing the ongoing projects as well as supporting the development and execution of new strategic ideas for value creation.

With past experience in diverse firms like Lehman Brothers, where he played a major role in restructuring the company, Scott Salmirs is expected to bring in transformative changes in ABM and augment its revenues.

ABM, a leading provider of facility solutions, provides engineering, janitorial, parking, and security services to thousands of commercial, industrial, institutional, and retail facilities. The company has realigned its operational structure to an on-site, mobile and on-demand market based structure. This realignment has improved its long-term growth prospects and is providing higher margin opportunities by enabling it to better deliver end-to-end services to its clients across urban, suburban and rural areas

ABM currently holds a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look include CBIZ, Inc. (CBZ), carrying a Zacks Rank #1 (Strong Buy), and Rollins Inc. (ROL) and ServiceMaster Global Holdings, Inc. (SERV), both carrying a Zacks Rank #2 (Buy).

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