Rentokil Initial works to simplify structure, names new executives
Rentokil Initial PLC on Thursday announced the reorganisation of its structure into two regional divisions, and the appointment of two new executives.
The Crawley, England-based pest control firm said its organisation will consist of the North America and International operating divisions. The International business will cover the Europe, UK, Ireland & Sub-Saharan Africa, Asia & MENAT, Latin America and Pacific regions.
"This builds upon the current financial reporting structure and creates clearer accountability for performance and execution across the group, while enabling faster adoption of best practices in customer experience, sales effectiveness and operational delivery," Rentokil said. "It also simplifies the operating model and strengthens alignment against the company's strategic priorities."
Rentokil promoted Phill Wood, who has led the UK, Ireland & Sub-Saharan Africa region since 2009, as chief executive officer of the new International division.
It also noted its previous announcement that Rafael Carrasco joined on August 3 as CEO of the North America division.
Additionally, Rentokil announced on Thursday that it has hired Matt Jochim, who was previously McKinsey's UK & Ireland Operations Practice leader, as its new chief transformation officer.
Jochim's appointment takes effect on September 7, the firm said.
"At our interims, we outlined clear priorities to intensify customer focus, deliver sales and operational excellence and simplify the business," commented CEO Mike Duffy. "Today's appointments strengthen our capabilities to deliver on these priorities and drive profitable growth.
"Matt's deep expertise in multi-site transformations, Rafa's track record of success in route-based service industries and Phill's extensive experience within our frontline operations will be invaluable as we execute our strategy with speed and excellence."
Rentokil shares were down 1.3% at 355.40 pence on Thursday in London.
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