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ABM Industries Names New Chief Financial Officer.


Business Editors

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

ABM Industries Incorporated (NYSE NYSE

See: New York Stock Exchange
:ABM ABM: see guided missile.

ABM - Asynchronous Balanced Mode
) 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 Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
, 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 The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States).  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 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 annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 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 ACSS Africa Center for Strategic Studies
ACSS Aluminum Conductor Steel Supported (cable)
ACSS African Crop Science Society
ACSS Association of Computer Support Specialists
ACSS Aviation Communication and Surveillance Systems
), ABM Engineering, ABM Janitorial, Amtech Elevator, Amtech Lighting and CommAir Mechanical.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 21, 2001
Words:293
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