ABM Industries

NEW STATE-BACKED PATUXENT ROOFING & CONTRACTING REBRANDS AS PAX SERVICES GROUP

Retrieved on: 
Tuesday, August 1, 2023

LARCHMONT, N.Y., Aug. 1, 2023 /PRNewswire/ -- Patuxent Roofing & Contracting, Inc., a leading independent provider of re-roofing installation and services, today announced a corporate rebrand as PAX Services Group ("PAX" or "the Company"). In addition, Mike Wade, a proven executive with more than 20 years' experience in facility services and maintenance, has joined the Company as Chief Operating Officer.

Key Points: 
  • LARCHMONT, N.Y., Aug. 1, 2023 /PRNewswire/ -- Patuxent Roofing & Contracting, Inc., a leading independent provider of re-roofing installation and services, today announced a corporate rebrand as PAX Services Group ("PAX" or "the Company").
  • "Rebranding as PAX Services Group reflects the ongoing expansion of both our service offerings and our geographic reach, and Mike [Wade] is the perfect person to help us execute on both these strategic initiatives," said PAX CEO Mike Gowl.
  • "PAX Services Group has a sophisticated team with a strong foundation and tremendous growth opportunities.
  • These remain the pillars of our collective growth strategy as we work toward our goal of making PAX Services Group the premier exterior services company across the U.S."

Raúl J. Valentín Joins Quanta Services Board of Directors

Retrieved on: 
Monday, June 26, 2023

HOUSTON, June 26, 2023 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today the appointment of Raúl J. Valentín to the company's Board of Directors. He brings extensive executive-level leadership and human resources experience and expertise to Quanta's board.

Key Points: 
  • HOUSTON, June 26, 2023 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today the appointment of Raúl J. Valentín to the company's Board of Directors.
  • He brings extensive executive-level leadership and human resources experience and expertise to Quanta's board.
  • David McClanahan, Quanta Services' independent Chairman of the Board, commented, "We are pleased to welcome Raúl to the Quanta Services Board of Directors.
  • We look forward to working with Raúl and welcome the perspective he will provide to Quanta's board and to the company."

The Cleaning Services Category to Witness Steady Demand Owing to an Increase in Outsourcing Services by Manufacturing, Chemical, and OEM Industries While Constructing New Factories - Grand View Research, Inc.

Retrieved on: 
Tuesday, June 20, 2023

SAN FRANCISCO, June 20, 2023 /PRNewswire/ -- The cleaning services category is expected to register a CAGR of 6.7% from 2022 to 2030. The cleaning services category is driven by the increase in remote working conditions and rising consumer awareness about safety, hygiene, and sanitization.

Key Points: 
  • Outsourcing the activities related to gathering intelligence allows organizations to focus on their core offerings.
  • Through this partnership, ABM Industries aims to provide superior janitorial and cleaning services at the two venues, both of which span across one million square feet of stadium area.
  • Brief about Pipeline by Grand View Research:
    A smart and effective supply chain is essential for growth in any organization.
  • Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

The Cleaning Services Category to Witness Steady Demand Owing to an Increase in Outsourcing Services by Manufacturing, Chemical, and OEM Industries While Constructing New Factories - Grand View Research, Inc.

Retrieved on: 
Tuesday, June 20, 2023

SAN FRANCISCO, June 20, 2023 /PRNewswire/ -- The cleaning services category is expected to register a CAGR of 6.7% from 2022 to 2030. The cleaning services category is driven by the increase in remote working conditions and rising consumer awareness about safety, hygiene, and sanitization.

Key Points: 
  • Outsourcing the activities related to gathering intelligence allows organizations to focus on their core offerings.
  • Through this partnership, ABM Industries aims to provide superior janitorial and cleaning services at the two venues, both of which span across one million square feet of stadium area.
  • Brief about Pipeline by Grand View Research:
    A smart and effective supply chain is essential for growth in any organization.
  • Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Global HVAC Services Market to Grow by $75.07 Billion During 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 3, 2023

This study identifies the advanced monitoring systems and intelligent technologies as one of the prime reasons driving the HVAC services market growth during the next few years.

Key Points: 
  • This study identifies the advanced monitoring systems and intelligent technologies as one of the prime reasons driving the HVAC services market growth during the next few years.
  • Also, predictive maintenance in HVAC systems and growth in data centers fueling market growth will lead to sizable demand in the market.
  • Also, the HVAC services market analysis report includes information on upcoming trends and challenges that will influence market growth.
  • The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Xylem Appoints Earl Ellis to Board of Directors

Retrieved on: 
Monday, February 27, 2023

Xylem (NYSE: XYL), a global water technology leader, today announced that Earl Ellis has been appointed to the Company’s Board of Directors, effective March 9, 2023.

Key Points: 
  • Xylem (NYSE: XYL), a global water technology leader, today announced that Earl Ellis has been appointed to the Company’s Board of Directors, effective March 9, 2023.
  • Mr. Ellis currently serves as Executive Vice President and Chief Financial Officer of ABM Industries Incorporated (NYSE: ABM), a leading facility services company with approximately $8 billion in annual revenue.
  • In addition to his role at ABM, Ellis brings 25 years of experience from across the finance function in large, publicly traded companies.
  • “We are delighted to welcome Earl to the Xylem Board of Directors,” said Robert Friel, Chair of Xylem’s Board.

Southern States Bancshares, Inc. Announces Appointment of Three Directors, Deepening Board Experience in High-Growth Atlanta Region

Retrieved on: 
Wednesday, February 22, 2023

Each new director also joined the Board of Southern States Bank.

Key Points: 
  • Each new director also joined the Board of Southern States Bank.
  • Jonathan Hinton, Christine Hunsaker and Andy Cummings collectively bring decades of business, finance and real estate experience to the Southern States Board of Directors, adding leadership depth as the Bank gains scale and deepens its presence across key Southern markets.
  • Importantly, all three are based in the Atlanta metropolitan area, a key growth market for Southern States over the past two years and one expected to play an important role in the Bank’s future expansion efforts.
  • Cummings has been a commercial real estate investor for more than 20 years in the Atlanta area.

Hospital Outsourcing Global Market Report 2022 - by Hospital Type, Hospital Size, Services, End-Users and Region

Retrieved on: 
Friday, January 13, 2023

DUBLIN, Jan. 13, 2023 /PRNewswire/ -- The "Hospital Outsourcing Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 13, 2023 /PRNewswire/ -- The "Hospital Outsourcing Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global hospital outsourcing market.
  • The regions covered in the hospital outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • The hospital outsourcing market research report is one of a series of new reports that provides hospital outsourcing market statistics, including hospital outsourcing industry global market size, regional shares, competitors with a hospital outsourcing market share, detailed hospital outsourcing market segments, market trends and opportunities, and any further data you may need to thrive in the hospital outsourcing industry.

ABM Increases Dividend 12.8%

Retrieved on: 
Monday, December 5, 2022

NEW YORK, Dec. 05, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services and solutions, today announced that its Board of Directors has approved a quarterly cash dividend of $0.22 per common share, which is a 12.8% increase from the prior quarterly cash dividend of $0.195 per common share, payable on February 6, 2023, to shareholders of record on January 5, 2023.

Key Points: 
  • NEW YORK, Dec. 05, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services and solutions, today announced that its Board of Directors has approved a quarterly cash dividend of $0.22 per common share, which is a 12.8% increase from the prior quarterly cash dividend of $0.195 per common share, payable on February 6, 2023, to shareholders of record on January 5, 2023.
  • Sudhakar Kesavan, Chairman of the Board of Directors of ABM, commented, “This dividend increase reflects ABM’s growth and the Board’s confidence in the company’s ability to continue to deliver solid results and cash flows.
  • “The dividend is an important component of our balanced approach to capital allocation, along with strategic M&A activity and share repurchases, to drive total shareholder return.
  • This press release contains both historical and forward-looking statements about ABM Industries Incorporated (“ABM”) and its subsidiaries (collectively referred to as “ABM,” “we,” “us,” “our,” or the “Company”).

Synexis® Appoints New Chief Executive Officer and Chief Commercial Officer

Retrieved on: 
Tuesday, November 29, 2022

LENEXA, Kan., Nov. 29, 2022 /PRNewswire/ -- Today, Synexis®, LLC announced the appointment of Dennis Doyle as the new chief executive officer (CEO) and James "Jimmy" Robert as its first chief commercial officer (CCO). Doyle becomes the third CEO in Synexis history.

Key Points: 
  • LENEXA, Kan., Nov. 29, 2022 /PRNewswire/ -- Today, Synexis, LLC announced the appointment of Dennis Doyle as the new chief executive officer (CEO) and James "Jimmy" Robert as its first chief commercial officer (CCO).
  • Doyle is a global executive with more than 20 years of leadership with General Electric, Honeywell, and ABM Industries.
  • He is also a military combat veteran and served as a U.S. Marine Corps infantry officer during Operation Iraqi Freedom.
  • He joins Synexis from Baker Hughes where he was most recently vice president of marketing and commercial for the digital solutions business.