Recent Updates — ABM

Rene Jacobsen, Executive Vice President and Chief Operating Officer of ABM Industries Incorporated, provided notice on October 28, 2026, of his voluntary retirement. He will transition to the role of Executive Advisor from November 1, 2026, through February 1, 2027, before fully retiring. This departure marks a significant leadership change for the company's operations management. ABM Industries Incorporated provides facility services and infrastructure solutions.

ABM Industries reported fiscal third quarter results ending July 31, 2026, with record revenue of $2.3 billion, up 4.2% year-over-year. Net income rose 19% to $49.7 million ($0.84 diluted EPS), while adjusted EBITDA increased 11% to $139.6 million. The company raised its full-year adjusted EPS outlook midpoint and increased free cash flow expectations, citing strong working capital management and a new $300 million accounts receivable facility. Concurrently, the Board declared a quarterly cash dividend of $0.29 per share, payable November 2, 2026 to shareholders of record on October 1, 2026. ABM Industries is a leading provider of integrated facility, engineering, and infrastructure solutions.