secwatch.observer — SEC 8-K summary
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Issuer:     ABM INDUSTRIES INC /DE/ (ABM)
CIK:        0000771497
Form:       8-K
Filed at:   2025-06-10T23:59:59+00:00
Accession:  0000950170-25-084112
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABM appoints David Orr as CFO, succeeding Earl Ellis
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- David Orr promoted from SVP, FP&A to EVP and CFO effective June 6, 2025.
- Orr's base salary set at $560,000; target equity 175% of salary, cash bonus 85%.
- Earl Ellis to serve as Senior Advisor until September 5, 2025, then severance.
- Orr receives promotion grants: RSUs $180k, Performance Shares $270k.
- Orr joined ABM in 2001, held various finance and operations roles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771497/000095017025084112/0000950170-25-084112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771497/000095017025084112/abm-20250606.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-084112

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer