Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective July 22, 2024, Josh Feinberg, Executive Vice President and Chief Strategy and Transformation Officer of ABM Industries Incorporated (the "Company"), will transition into the role of Senior Advisor of the Company. Mr. Feinberg is expected to serve as Senior Advisor until no later than October 31, 2024 (the "Separation Date"). In connection with his departure from the Company on the Separation Date, Mr. Feinberg will be entitled to receive severance payments and benefits for a termination without Cause, as defined in that certain Executive Employment Agreement, effective as of October 28, 2019, between the Company and Mr. Feinberg (the "Employment Agreement"), in accordance with (i) the terms and conditions of the Employment Agreement and (ii) the applicable terms and conditions of his outstanding equity incentive awards.
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