ABM Industries reports 2018 executive compensation

CEO Scott Salmirs receives $6M

ABM Industries reported fiscal year 2018 executive compensation information on February 13, 2019.

In 2018, five executives at ABM Industries received on average a compensation package of $2,706,221, a 20% increase compared to previous year.

Average pay of disclosed executives at ABM Industries

Scott Salmirs, Chief Executive Officer, received $6,022,643 in total, which increased by 29% compared to 2017. 65.75% of Salmirs' compensation, or $3,959,941, was in stock awards. Salmirs also received $1,020,567 in non-equity incentive plan, $975,000 in salary, as well as $67,135 in other compensation.

For fiscal year 2018, the median employee pay was $25,620 at ABM Industries. Therefore, the ratio of Scott Salmirs' pay to the median employee pay was 235 to one.

D Anthony Scaglione, Chief Financial Officer, received a compensation package of $2,434,120, which increased by 28% compared to previous year. 57.51% of the compensation package, or $1,399,968, was in stock awards.

Scott J. Giacobbe, Chief Operating Officer, earned $2,141,211 in 2018, a 36% increase compared to previous year.

Rene Jacobsen, Executive Vice President and President, Business, received $1,606,539 in 2018, which increases by 6% compared to 2017.

Industry Andrea R. Newborn, General Counsel, earned $1,326,594 in 2018.

ABM Industries' fiscal year ends on October 31.