ABM Industries Announces CFO Transition

NEW YORK, June 17, 2020 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, announced today the resignation of Executive Vice President and Chief Financial Officer, D. Anthony Scaglione.  Mr. Scaglione has held this role since 2015 after serving in various senior executive positions at the Company from 2009.  Dean Chin, ABM’s current Senior Vice President, Chief Accounting Officer and Corporate Controller, will be appointed interim Chief Financial Officer, effective July 1, 2020.  Mr. Scaglione, who is leaving the Company to pursue another career opportunity, will remain for a period of time to ensure a smooth transition. 

Scott Salmirs, President and Chief Executive Officer of ABM Industries, stated, “Anthony has been instrumental in ABM’s transformation by developing our strategy, executing our goals, supporting our culture, and building the strong global finance organization we have today.  On behalf of the entire organization, I thank Anthony for his eleven years of service, and especially his contributions over the last five as CFO. We wish him the absolute best of luck as he pursues the next phase of his professional journey.  Anthony will always be an indelible part of ABM’s past and future success.”

Mr. Salmirs added, “I am confident that Dean’s strong financial acumen and deep understanding of ABM will serve us well during this interim period.  He has an impressive track record and I believe he will add to our momentum moving forward.”

Mr. Chin joined ABM in 2008 and has held the position of Senior Vice President, Chief Accounting Officer and Corporate Controller since 2010.  In his current role, he has been responsible for the accounting, financial reporting, and corporate financial planning and analysis (FP&A) functions, as well as the Enterprise Shared Services Center.  During his tenure at ABM, Mr. Chin has also led the operational FP&A and the Sarbanes-Oxley compliance teams.

D. Anthony Scaglione, Executive Vice President and Chief Financial Officer, commented, “It has been a privilege to be part of the ABM team over the past eleven years.  We have the most passionate people across our corporate and field offices – many of whom are often the unsung heroes of some of the country’s most important facilities.  I am confident this team will lead ABM into an even brighter future and continue to unlock great success, which I will always cheer on.”