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Form 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 2, 2010

ABM Industries Incorporated
(Exact name of registrant as specified in its charter)


Delaware	1-8929	94-1369354
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)


551 Fifth Avenue, Suite 300, New York, New York		10176
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (212) 297-0200

N/A

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 2, 2010, Dean A. Chin became Chief Accounting Officer and Corporate Controller of the Company. Mr. Chin, 41, was also elected Senior Vice President. Mr. Chin joined the Company in April 2008 and served as Vice President and Assistant Controller of the Company from June 2008. Prior to joining the Company, he was Director of Finance, Reader’s Digest Association, Inc. from March 2005 to March 2008, and was Senior Manager, Audit and Business Advisory Services, Ernst & Young, LLP from July 2001 to January 2005.

Mr. Chin has entered into an employment agreement with the Company, under which he is compensated at a base salary set by the Company, eligible for a bonus in accordance with the bonus incentive program, and eligible to participate in the Company’s equity grant program. He is subject to a number of restrictive covenants, including post-employment non-disclosure, post-employment non-solicitation of employees and customers, non-disparagement, and post-employment non-competition restrictions. Mr. Chin may terminate his agreement with 60 days written notice. Mr. Chin’s agreement does not have a specific term, and the Company may terminate the agreement at any time. In the event he is terminated without a good faith determination of “cause” as defined in the agreement, he will be eligible for severance pay and other benefits in accordance with the ABM Severance Program in effect at the time of such termination. In those circumstances under the ABM Severance Program currently in effect, Mr. Chin would be eligible for payments of 12 months base salary and target bonus, as well as payment of the Company’s portion of medical benefits for employees for that period, and up to 12 months of outplacement services.

Mr. Chin’s base compensation is $275,000 annually and he will be eligible for a target bonus equal to 33.3% percent of his annual base salary. Mr. Chin is eligible to participate in the 2006 Equity Incentive Program, as amended and restated, as approved by the Compensation Committee of the Company’s Board of Directors.

Item 9.01. Financial Statements and Exhibits.

(c)

Exhibits.

99.1

Press Release issued by ABM Industries Incorporated, dated June 3, 2010, announcing Dean A. Chin’s appointment as Senior Vice President, Controller and Chief Accounting Officer.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ABM INDUSTRIES INCORPORATED


Dated: June 4, 2010	By:	/s/ Sarah H. McConnell
		Sarah H. McConnell Senior Vice President and General Counsel

EXHIBIT INDEX

99.1

Press Release issued by ABM Industries Incorporated, dated June 3, 2010, announcing appointment of Dean A. Chin as Chief Accounting Officer, Controller and Senior Vice President.

Exhibit 99.1

Exhibit 99.1


		551 Fifth Avenue Suite 300 New York, NY 10176

ABM INDUSTRIES PROMOTES DEAN CHIN TO SENIOR VICE PRESIDENT,
CORPORATE CONTROLLER & CHIEF ACCOUNTING OFFICER

NEW YORK, NY — June 3, 2010 — ABM Industries (NYSE: ABM) named Dean Chin as the Company’s Senior Vice President, Corporate Controller and Chief Accounting Officer. Currently Interim Controller, Chin is promoted to his new role effective immediately, reporting to Executive Vice President and Chief Financial Officer Jim Lusk. ABM, through its subsidiaries, is the leading provider of facility services in the United States.

ABM Industries President and Chief Executive Officer Henrik Slipsager commented: “Dean’s strong finance skills, combined with his knowledge and experience with the Company, will serve him and ABM well in this critical role. We look forward to continuing to work closely with Dean and his team, and we are fortunate to be in a position to make a seamless transition to such a ready and capable leader.”

Chin joined ABM in 2008 as Vice President and Assistant Corporate Controller, where he led the financial reporting, accounting and policy functions. He served as Interim Corporate Controller since March of this year. Prior to joining ABM, Chin served as Director of Finance at the Reader’s Digest Association, Inc., and, earlier, gained public accounting experience as a Senior Manager at Ernst & Young. In addition to leading the corporate accounting functions, Chin will be responsible for financial planning and analysis and the Sarbanes-Oxley compliance team.

“Dean has been a valued and highly effective member of the Finance team since he joined ABM, and has clearly stepped up to the challenges, opportunities and responsibilities in front of him,” said Lusk. “We look forward to his continued contributions and to his growth and leadership in this new role.”

About ABM Industries Incorporated

ABM Industries Incorporated (NYSE:ABM), which operates through its subsidiaries (collectively “ABM”), is the leading provider of facility services in the United States. With fiscal 2009 revenues of approximately $3.5 billion and more than 90,000 employees, ABM provides janitorial, facility, engineering, parking and security services for thousands of commercial, industrial, institutional and retail facilities across the United States, Puerto Rico and British Columbia, Canada. ABM’s business services include ABM Janitorial Services, ABM Facility Services, ABM Engineering Services, Ampco System Parking and ABM Security Services. For more information visit www.abm.com.

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Contact Media:	Tony Mitchell (212) 297-9828 tony.mitchell@abm.com		Investors & Analysts:	David Farwell (212) 297-9792 dfarwell@abm.com

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