ABM Industries CEO Scott Salmirs' 2019 pay rises 7% to $6.5M
ABM Industries reports 2019 executive compensation
By ExecPay News
Published: February 13, 2020
ABM Industries reported fiscal year 2019 executive compensation information on February 13, 2020.
In 2019, five executives at ABM Industries received on average a compensation package of $2.9M, a 16% increase compared to previous year.
Scott Salmirs, Chief Executive Officer, received $6.5M in total, which increased by 7% compared to 2018. 61.34% of Salmirs' compensation, or $4M, was in stock awards. Salmirs also received $1.4M in non-equity incentive plan, $990K in salary, as well as $145.7K in other compensation.
For fiscal year 2019, the median employee pay was $23,654 at ABM Industries. Therefore, the ratio of Scott Salmirs' pay to the median employee pay was 273 to one.
D Anthony Scaglione, Chief Financial Officer, received a compensation package of $2.6M, which increased by 5% compared to previous year. 53.80% of the compensation package, or $1.4M, was in stock awards.
Scott J. Giacobbe, Executive Vice President and Chief Revenue Officer, earned $2.3M in 2019, a 6% increase compared to previous year.
Rene Jacobsen, Executive Vice President and Chief Facilities Services Officer, received $1.7M in 2019, which increases by 6% compared to 2018.
Andrea R. Newborn, General Counsel, earned $1.4M in 2019, a 8% increase compared to previous year.
ABM Industries' fiscal year ends on October 31.
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