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ABM > SEC Filings for ABM > Form 8-K on 10-Dec-2013All Recent SEC Filings

Show all filings for ABM INDUSTRIES INC /DE/



Change in Directors or Principal Officers, Financial Statements and Exhib

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 9, 2013, ABM Industries Incorporated (the "Company") expanded the size of its Board of Directors to nine members and elected Stephen Kadenacy as a director to fill the newly created vacancy. Mr. Kadenacy has been named to the class of directors with terms expiring in 2014. In addition, Mr. Kadenacy has been appointed to the Audit Committee of the Company.

Mr. Kadenacy's cash and equity compensation arrangements as a director will be the same as those previously reported in the Company's Proxy Statement for its 2013 Annual Meeting of Shareholders for other non-employee directors. His initial award of restricted stock units upon his appointment will be a prorated portion of the annual award granted to all non-employee directors, based on length of service from his election to the Board to the next scheduled Annual Meeting of Shareholders.

A copy of the press release announcing the election of Mr. Kadenacy as a director is attached as exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits.

99.1 Press Release issued by ABM Industries Incorporated, dated December 9, 2013, announcing the election of Mr. Kadenacy as a director.

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