Barry Hytinen

About Barry Hytinen

Barry A. Hytinen is a newly appointed non‑employee director of ABM Industries, elected effective October 29–30, 2025, with standard director indemnification and compensation arrangements; he filed a Form 3 indicating no initial beneficial ownership in ABM shares . He is Executive Vice President and Chief Financial Officer of Iron Mountain Incorporated (NYSE: IRM), with more than two decades of experience in corporate finance, strategic transformation, and operational leadership across industries . He holds a B.S. in Political Science and Finance from Syracuse University and an MBA from Harvard Business School .

Past Roles

External Roles

Board Governance

• Appointment and status: Elected to ABM’s Board effective immediately on Oct 29–30, 2025; classified as a non‑employee director and will receive pro‑rated RSUs and applicable Board/committee fees; standard director indemnification agreement to be executed .
• Committee assignments: Not disclosed at the time of appointment; the 8‑K states only that he will be paid applicable Board and committee fees .
• ABM committee structure and independence: ABM has four standing committees—Audit, Compensation, Governance, and Stakeholder & Enterprise Risk—each composed solely of independent directors per committee charters .
• Board/committee activity levels: In FY2024 the Board met 6 times; committees met collectively 22 times; each director attended 94%+ of meetings with overall attendance of 99% .
• Outside board limits: Directors who are CEOs of other public companies may serve on no more than one other public board; other directors may serve on no more than four public company boards (including ABM) .

Fixed Compensation

Notes:

• Directors’ annual RSU grants are calculated at grant using closing price (e.g., Jan 4, 2024 grants were 3,695 RSUs for non‑chair, derived from $160,000 ÷ $43.30; Chairman 5,080 RSUs) .

Performance Compensation

• Director equity awards are time‑based RSUs with one‑year vesting; ABM does not disclose performance metrics for director equity grants, and no PSU/option awards are indicated for non‑employee directors in FY2024 .

Other Directorships & Interlocks

Expertise & Qualifications

• Deep finance and capital allocation expertise across global companies; proven record driving strategic transformation and operational performance at scale .
• Industry exposure to mission‑critical infrastructure and data centers, relevant to ABM’s Technical Solutions/microgrid and electrification growth priorities highlighted in ABM’s proxies .
• Education: B.S. Political Science & Finance (Syracuse University); MBA (Harvard Business School) .

Equity Ownership

Governance Assessment

• Independence and status: Hytinen is a non‑employee director, which supports independent oversight; formal committee independence testing under NYSE/SEC rules will occur in ABM’s governance process; committee assignments not yet disclosed .
• Ownership alignment: Initial Form 3 reports no ABM holdings; expected pro‑rated RSU grant and director ownership policy (5× cash retainer within 5 years) should build alignment over time; anti‑hedging/pledging reduces misalignment risk .
• Workload/overboarding: As a public‑company CFO (not CEO), he falls under ABM’s “other directors” cap of ≤4 public boards including ABM; current public board roles are not disclosed, indicating low overboarding risk at appointment .
• Compensation structure: ABM’s director pay is balanced (cash + time‑based equity), with no meeting fees; 2024 program increased cash/equity retainers modestly, maintaining standard market alignment; Hytinen’s 2025 compensation will follow these elements pro‑rated from his start date .
• Potential conflicts/related‑party exposure: No related‑party transactions related to Hytinen disclosed in the 8‑K; as IRM’s CFO, any ABM‑IRM transactions would be subject to ABM’s conflict‑of‑interest controls and committee oversight; continued monitoring is prudent .
• Engagement signals: ABM’s Board exhibited strong attendance and active committee cadence in FY2024 (99% overall); no individual attendance data yet for Hytinen given appointment timing .

RED FLAGS to monitor:

• Any ABM commercial transactions with Iron Mountain (supplier/customer/vendor) that could trigger related‑party review—none disclosed at appointment, but monitor future proxies/8‑Ks .
• Delayed committee assignment or weak attendance post‑appointment—track in 2026 proxy .
• Ownership shortfall relative to 5× retainer guideline beyond the 5‑year window—track director ownership table in future proxies .

Insider Filings & Trades

Appendix: ABM Board/Committee Snapshot (Context)

All statements and data are sourced from ABM filings and releases: appointment 8‑K and press release ; initial Form 3 ; director compensation program and ownership/deferred comp policies ; board/committee structure and attendance ; broader ABM strategic context .