Maryellen Herringer - ABM Industries Non-Executive Independent Chairman of the Board

ABM Stock  USD 43.80  0.16  0.37%   

Chairman

Ms. Maryellen C. Herringer is NonExecutive Independent Chairman of the Board of the Company. Ms. Herringer is retired executive vice president, general counsel and secretary of APL Limited. She held various executive positions with APL Limited, an international provider of transportation and logistics, from 1991 to 1997 and was responsible at various times for overseeing functions including legal, risk management, corporate communications, human resources, internal audit, tax and community affairs. Prior to joining APL Limited, Ms. Herringer was a partner in the international law firm of Morrison Foerster from 1989 to 1991. From 1981 to 1989, Ms. Herringer held various positions at Transamerica Corporation, including vice president and general counsel from 1981 to 1983 and senior vice president and general counsel from 1983 to 1989. Ms. Herringer serves as a director of PGE Corporation and Pacific Gas and Electric Company, a subsidiary of PGE Corporationrationration, and is chair of such companies nominating and governance committees and serves on their audit and compensation committees. She served as interim lead director of PGE Corporation and Pacific Gas and Electric Company and interim nonexecutive chairman of the board of Pacific Gas Electric Company from May to September 2011 since 2006.
Age 72
Tenure 18 years
Phone212 297 0200
Webhttps://www.abm.com
Herringer currently is a member of the board of trustees of Mills College, Vassar College, and the San Francisco Museum of Modern Art and has served on the boards of numerous educational institutions and notforprofit organizations. She is also a former chair of the Business Law Section of the State Bar of California.

ABM Industries Management Efficiency

The company has Return on Asset of 0.0434 % which means that on every $100 spent on assets, it made $0.0434 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1447 %, implying that it generated $0.1447 on every 100 dollars invested. ABM Industries' management efficiency ratios could be used to measure how well ABM Industries manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to drop to 0.05. In addition to that, Return On Capital Employed is likely to drop to 0.12. At this time, ABM Industries' Asset Turnover is very stable compared to the past year.
The company has 1.44 B in debt with debt to equity (D/E) ratio of 0.79, which is OK given its current industry classification. ABM Industries rporated has a current ratio of 1.19, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist ABM Industries until it has trouble settling it off, either with new capital or with free cash flow. So, ABM Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ABM Industries rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ABM to invest in growth at high rates of return. When we think about ABM Industries' use of debt, we should always consider it together with cash and equity.

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ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company was incorporated in 1985 and is based in New York, New York. ABM Industries operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 124000 people. ABM Industries Incorporated (ABM) is traded on New York Stock Exchange in USA. It is located in One Liberty Plaza, New York, NY, United States, 10006 and employs 123,000 people. ABM Industries is listed under Environmental & Facilities Services category by Fama And French industry classification.

Management Performance

ABM Industries rporated Leadership Team

Elected by the shareholders, the ABM Industries' board of directors comprises two types of representatives: ABM Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ABM. The board's role is to monitor ABM Industries' management team and ensure that shareholders' interests are well served. ABM Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ABM Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Joshua Feinberg, Executive Vice President Chief Strategy and Transformation Officer
Andrea Newborn, Executive Vice President General Counsel, Corporate Secretary
D Scaglione, Senior Vice President Treasurer - Mergers & Acquisitions
Lauralee Martin, Independent Director
William Steele, Independent Director
Sudhakar Kesavan, Independent Chairman of the Board
Anthony Piniella, Chief Communication Officer
Thomas Marano, President of ABM’s Aviation Group
Donald Colleran, Independent Director
Linda Chavez, Independent Director
Maryellen Herringer, Non-Executive Independent Chairman of the Board
Anthony Scaglione, CFO, Executive Vice President
Mark Newsome, Senior Vice President and President of ABM Technical Solutions
Winifred Webb, Independent Director
Andrew Block, Chief Human Resource Officer, Executive Vice President
Anthony Fernandes, Independent Director
Melanie Ruiz, Chief Information Officer
John Ferguson, Independent Director
Jill Golder, Independent Director
LeighAnne Baker, Independent Director
Filippo Passerini, Independent Director
Sean Mahoney, Executive Vice President and President Sales and Marketing
Angelique Carbo, Senior Vice President - Human Resources
Paul Goldberg, Senior Vice President of Investor Relations
Art Garcia, Independent Director
Quincy Allen, Independent Director
Dean Chin, Senior Vice President, Chief Accounting Officer, Corporate Controller, Treasurer
Scott Giacobbe, Chief Revenue Officer, Co-Principal Operating Officers, Executive Vice President
Philip Ferguson, Independent Director
Sarah McConnell, Executive VP, General Counsel and Corporate Secretary
Scott Salmirs, President, Chief Executive Officer, Director
Thomas Gartland, Independent Director
David Goodes, Chief Human Resource Officer, Senior Vice President
Raul Valentin, Executive Officer
Luke Helms, Independent Director
James McClure, COO
Andrea Esq, General VP
Josh Feinberg, Executive Vice President Chief Strategy and Transformation Officer
Nadeen Ayala, Chief Officer
David Farwell, Senior Vice President - Investor Relations
Susie Choi, IR Contact Officer
Rene Jacobsen, Chief Facilities Services Officer, Co-Principal Operating Officers
Cary Bainbridge, Chief Officer
Earl Ellis, Chief Financial Officer, Executive Vice President

ABM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ABM Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with ABM Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ABM Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ABM Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with ABM Stock

  0.9NL NL IndustriesPairCorr

Moving against ABM Stock

  0.84HDSN Hudson Technologies Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to ABM Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABM Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ABM Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ABM Industries Incorporated to buy it.
The correlation of ABM Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ABM Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABM Industries rporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ABM Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ABM Industries rporated is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the ABM Industries rporated information on this page should be used as a complementary analysis to other ABM Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running ABM Industries' price analysis, check to measure ABM Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ABM Industries is operating at the current time. Most of ABM Industries' value examination focuses on studying past and present price action to predict the probability of ABM Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABM Industries' price. Additionally, you may evaluate how the addition of ABM Industries to your portfolios can decrease your overall portfolio volatility.
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Is ABM Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ABM Industries rporated is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.