ABM Industries Names New Chief Financial Officer.

Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--May 21, 2001

ABM Industries Incorporated (NYSE:ABM) has appointed George Sundby, 49, as senior vice president & chief financial officer of the Company effective June 1, 2001. Sundby succeeds David Hebble, 65, who is retiring after a long and distinguished career with ABM.

Reporting to Henrik Slipsager, ABM's president & chief executive officer, Sundby will oversee financial control and reporting, corporate development, information technology, risk management and investor communications. Said Slipsager, "We're grateful to Dave Hebble for his many years of outstanding service, and fortunate to have George Sundby bring his vast experience and expertise, to ABM."

A certified public accountant, Sundby was employed for over a decade in the financial management of Transamerica Corporation and its subsidiaries, most recently serving as senior vice president & chief financial officer of Transamerica Finance Corporation. Before joining Transamerica in 1989, he spent a dozen years with the accounting firm of Ernst & Young. Sundby received a bachelor's degree from the University of California at Davis, and his master's degree in business administration from Tulane University. Sundby and his wife, Ann, have two children and are long-time residents of San Francisco, where he is a current member and former chairman of the Mayor's Municipal Fiscal Advisory Committee.

ABM Industries Incorporated is the largest facility services contractor listed on the New York Stock Exchange. With annualized sales in excess of $1.8 billion and more than 60,000 employees, ABM provides air conditioning, elevator, engineering, janitorial, lighting, parking, security and related services to thousands of commercial, industrial and institutional customers in hundreds of cities across North America. The ABM Family of Services includes American Building Maintenance, Ampco System Parking, American Commercial Security (ACSS), ABM Engineering, ABM Janitorial, Amtech Elevator, Amtech Lighting and CommAir Mechanical.