Thu, Feb 23, 2012, 9:11 AM EST - U.S. Markets open in 19 mins.

ABM Appoints Head of Treasury and Mergers & Acquisitions

D. Anthony Scaglione Promoted to new Finance Leadership Role

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NEW YORK--(BUSINESS WIRE)-- ABM Industries Incorporated (NYSE:ABM - News), a leading provider of integrated facility solutions, today announced that D. Anthony Scaglione has been promoted to Senior Vice President, Treasurer, Mergers & Acquisitions. Scaglione previously served as ABM’s Vice President & Treasurer.

In this new capacity, Scaglione expands his role helping the Company identify, evaluate, structure and finance mergers and acquisitions. Strategic acquisitions have long been key to ABM’s growth strategy and, in the past two years, the Company has acquired several new businesses, helping ABM generate more than $4 billion in revenues in the 2011 fiscal year. Scaglione played a significant role in those recent transactions, which also greatly expanded ABM’s core capabilities and client offerings. He will continue to lead ABM’s Treasury operations and maintain his reporting relationship to James S. Lusk, ABM’s Executive Vice President & Chief Financial Officer.

Lusk said: “Anthony has been highly effective at navigating the critical intersection of sound financial management and planning with the 5-year growth strategy for our business. He has been both a key advisor and a chief analyst for our CEO and me on a number of strategic acquisitions that have reshaped our business, extended our market reach and provided a platform for further growth. In this new role, we look forward to further leveraging his considerable expertise and skill to help advance our financial and business strategies.”

Scaglione joined ABM as Vice President & Treasurer in June 2009, with responsibility for cash management, capital structure, debt management and the Company’s bank relationships.

About ABM Industries Incorporated

ABM Industries Incorporated (NYSE:ABM - News), which operates through its subsidiaries (collectively “ABM”), is a leading provider of integrated facility services. With fiscal 2011 revenues of approximately $4.2 billion and nearly 100,000 employees, ABM provides commercial cleaning and maintenance, facility engineering, energy efficiency, parking and security services for thousands of commercial, industrial, government and retail clients across the United States and various international locations. ABM’s business services include ABM Janitorial Services, ABM Facility Services, ABM Engineering Services, Ampco System Parking and ABM Security Services. For more information, visit www.abm.com.

Contact:
ABM Industries Incorporated
Media:
Tony Mitchell, 212-297-9828
tony.mitchell@abm.com
or
Investors & Analysts:
David Farwell, 212-297-9792
dfarwell@abm.com

 

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