ABM Industries Incorporated Names New Executive for ABM Engineering Services.Mike Latham to Succeed Jim Scranton as President SAN FRANCISCO -- ABM Industries Incorporated (NYSE NYSE See: New York Stock Exchange :ABM) has named Mike Latham as executive vice president of wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. ABM Engineering Services effective December 1, 2006. Latham joins ABM following six years at Ford Motor Company. Working in close cooperation with current ABM Engineering President Jim Scranton, Latham will succeed Scranton as president on May 1, 2007. "MikeeIUs broad business expertise in facility services and leadership roles with Ford Motor Company, Aramark Corporation and ISS ISS See Institutional Shareholder Services (ISS). Energy Services will undoubtedly benefit ABM EngineeringeIUs future operations and we are pleased to have him join our management team," said Steven M. Zaccagnini, executive vice president of ABM. "Many of the ABM operating division employees worked with Mike in the past, and welcome him to ABM Engineering," he added. "For more than 30 years, Jim Scranton has contributed to the companyeIUs success and we are grateful for his expert leadership," said Henrik Slipsager, ABM Industries president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "During his tenure, ABM Engineering has become one of the largest employers of outsourced engineers in the country and is the only provider to be certified by the International Standards Organization See ISO. (ISO). We are all proud of JimeIUs contributions and look forward to a seamless transition," he added. Latham earned a Bachelors degree from the University of Florida University of Florida is the third-largest university in the United States, with 50,912 students (as of Fall 2006) and has the eighth-largest budget (nearly $1.9 billion per year). UF is home to 16 colleges and more than 150 research centers and institutes. and an MBA from the University of Louisville See also
1. ^ [1] 2. ^ [2] URL accessed on June 8 2006 3. . ABM Engineering Services delivers best-in-class engineering services in thousands of sites across the United States as an operating division of ABM Facility Services, a leading provider of integrated, single-source facility maintenance solutions, self-performing and subcontracting all functions. ABM Industries Incorporated ABM Industries Incorporated (NYSE:ABM) is among the largest facility services contractors listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . With fiscal 2005 revenues in excess of $2.5 billion and more than 73,000 employees, ABM provides janitorial, parking, security, engineering and lighting services for thousands of commercial, industrial, institutional and retail facilities in hundreds of cities across the United States and British Columbia, Canada. The ABM Family of Services includes ABM Janitorial; Ampco System Parking; ABM Security Services, which includes American Commercial Security Services (ACSS) and Security Services of America (SSA); ABM Facility Services; ABM Engineering Services; and Amtech Lighting Services. |
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