ABM Industries CEO Scott Salmirs' 2018 pay jumps 29% to $6M
ABM Industries reports 2018 executive compensation
By ExecPay News
Published: February 13, 2019
ABM Industries reported fiscal year 2018 executive compensation information on February 13, 2019.
In 2018, six executives at ABM Industries received on average a compensation package of $2.5M, a 9% increase compared to previous year.
Scott Salmirs, Chief Executive Officer, received $6M in total, which increased by 29% compared to 2017. 66% of Salmirs' compensation, or $4M, was in stock awards. Salmirs also received $1M in non-equity incentive plan, $975K in salary, as well as $67K in other compensation.
For fiscal year 2018, the median employee pay was $25,620 at ABM Industries. Therefore, the ratio of Scott Salmirs' pay to the median employee pay was 235 to one.
D Anthony Scaglione, Chief Financial Officer, received a compensation package of $2.4M, which increased by 28% compared to previous year. 58% of the compensation package, or $1.4M, was in stock awards.
Scott J. Giacobbe, Chief Operating Officer, earned $2.1M in 2018, a 36% increase compared to previous year.
Rene Jacobsen, Executive Vice President and President, Business, received $1.6M in 2018, which increases by 6% compared to 2017.
Industry Andrea R. Newborn, General Counsel, earned $1.3M in 2018.
Andrea R. Newborn, General Counsel, received $1.3M in 2018.
ABM Industries' fiscal year ends on October 31.
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