Jim DeVries Elected to ABM’s Board of Directors

Rhea-AI Summary

ABM (NYSE: ABM) has appointed James “Jim” DeVries, former President and CEO of ADT, to its Board of Directors. With extensive experience in corporate leadership and operational excellence, DeVries is expected to bring valuable insights to ABM's ELEVATE strategy. Sudhakar Kesavan, Chairman of the Board, emphasized DeVries’ transformative leadership at ADT, while ABM's CEO Scott Salmirs anticipates his counsel will further the company’s sustainable growth. ABM operates as a leading provider of integrated facility services, boasting over $7 billion in annual revenue.

Positive

• Appointment of Jim DeVries adds expertise in operational excellence and human capital management.
• Anticipated contributions to ABM's ELEVATE strategy for sustainable growth.

Negative

• None.

NEW YORK, Sept. 07, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM) a leading provider of integrated facility services and solutions, today announced the appointment of James “Jim” DeVries, President and Chief Executive Officer of ADT Inc., to ABM’s Board of Directors. Mr. DeVries brings deep experience in corporate leadership, human capital management and development, and operational excellence to the ABM Board.

Sudhakar Kesavan, Chairman of the Board of Directors of ABM, said: “As an engaged and results-oriented leader, Mr. DeVries has driven transformational leadership and innovation initiatives at ADT, while also expanding growth opportunities to help position ADT as a leading provider of safe, smart, and sustainable security solutions. Jim’s voice, vision and insights are a welcomed addition to our Board and will help guide us as ABM continues to execute its ELEVATE strategy.”

Mr. DeVries, who has served as the President and Chief Executive Officer of ADT, as well as a director on the ADT Board, since 2018, joined the company in 2016 as Executive Vice President and Chief Operating Officer. Prior to joining ADT, Mr. DeVries spent nearly a decade at Allstate Insurance Company, serving as Executive Vice President of Operations as well as Executive Vice President and Chief Administrative Officer, with responsibility for real estate and administration, human resources, and procurement. Prior to that, Mr. DeVries held various executive and management roles at Principal Financial Group, Ameritech, Quaker Oats Company, and Andrew Corporation. Mr. DeVries holds a bachelor's degree in Human Resources from Trinity International University and a master's degree in Industrial Relations from Loyola University in Chicago, as well as a master’s degree in Business Administration from the Kellogg School of Management at Northwestern University.

“Jim’s broad knowledge and experience in service industries and expertise in human resources and operations will add tremendous value to our Board of Directors,” said Scott Salmirs, President and Chief Executive Officer of ABM. “I look forward to his counsel and to working closely with him as we continue to position ABM for sustainable growth and excellence.”

About ABM

ABM (NYSE: ABM) is one of the world’s largest providers of integrated facility services. A driving force for a cleaner, healthier, and more sustainable world, ABM provides essential services that improve the spaces and places that matter most. From curbside to rooftop, ABM offers a comprehensive array of facility services that include janitorial, engineering, parking, electrical & lighting, energy solutions, HVAC & mechanical, landscape & turf, and mission critical solutions. ABM delivers these custom facility solutions to properties across a wide range of industries – from commercial office buildings to schools, airports, hospitals, data centers, manufacturing plants, and distribution centers, entertainment venues, and more. Founded in 1909, ABM today has annualized revenue exceeding $7 billion and more than 100,000 team members in 350+ offices throughout the United States, United Kingdom, and other international locations. For more information, visit www.abm.com.

CONTACT

Investor Relations:
Paul Goldberg
212-297-9721
ir@abm.com 

Media:
Michael Valentino
media@abm.com 

FAQ

Who is Jim DeVries and what is his role at ABM?

Jim DeVries has been appointed to ABM's Board of Directors, bringing extensive corporate and operational experience.

What experience does Jim DeVries have that benefits ABM?

DeVries has deep experience in corporate leadership from ADT and previously at Allstate, focusing on operational excellence and human resources.

How does Jim DeVries' appointment impact ABM's strategy?

His insights are expected to aid in executing ABM's ELEVATE strategy, aimed at sustainable growth.

When was Jim DeVries appointed to the ABM Board?

Jim DeVries was appointed to ABM's Board of Directors on September 7, 2022.