ABM Industries CEO Scott Salmirs' 2018 pay jumps 29% to $6.0M

ABM Industries reports 2018 executive compensation

Published: February 13, 2019

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 $2.7M, a 20% increase compared to previous year.

Average pay of disclosed executives at ABM Industries

Scott Salmirs, Chief Executive Officer, received $6M in total, which increased by 29% compared to 2017. 65.75% of Salmirs' compensation, or $4M, was in stock awards. Salmirs also received $1M in non-equity incentive plan, $975K in salary, as well as $67.1K 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 $2.4M, which increased by 28% compared to previous year. 57.51% of the compensation package, or $1.4M, was in stock awards.

Scott J. Giacobbe, Chief Operating Officer, earned $2.1M in 2018, a 36% increase compared to previous year.

Rene Jacobsen, Executive Vice President and President, Business, received $1.6M in 2018, which increases by 6% compared to 2017.

Industry Andrea R. Newborn, General Counsel, earned $1.3M in 2018.

ABM Industries' fiscal year ends on October 31.