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(Sharecast News) - Rentokil Initial appointed Phil Wood as chief executive of its newly-formed international division on Thursday, as it restructured into two operating divisions, the other being the North American business.
The international division will comprise Europe, UK, Ireland & Sub-Saharan Africa, Asia & MENAT, Latin America and Pacific and will be led by Wood with immediate effect.
Rentokil said Wood is a "highly experienced" operator who has been with the company since 2006 and has led businesses in Europe, the Caribbean, Africa and the UK. "He has a proven track record of delivering growth and has a deep understanding of frontline pest control and hygiene operation," it said.
His appointment as chief executive of International is in addition to his current responsibilities leading the UK, Ireland and Sub-Saharan Africa region, which he has done since 2009.
Rentokil had already announced in May that Rafael Carrasco would be appointed CEO of North America with effect from 3 August. Most recently, Carrasco served as president of WM Healthcare Solutions and senior vice president of Strategy at WM, where he oversaw multi-site operations with over 200 branches and 10,000 corporate and field-based employees across the US, Canada, the UK, Ireland and Western Europe.
The company also announced the appointment of Matt Jochim as group chief transformation officer with effect from 7 September. He will join the executive leadership team and report directly to the CEO.
Rentokil said Jochim brings 30 years of experience leading large-scale business transformations across global multi-site businesses. He joins the group from McKinsey, where he served as partner and leader of the UK & Ireland Operations Practice, owning end-to-end operating transformations for major clients.
Chief executive Mike Duffy said: "At our interims, we outlined clear priorities to intensify customer focus, deliver sales and operational excellence and simplify the business. 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.
"Our focus is now firmly on execution and delivering the improved performance we know this business is capable of through better customer outcomes, driving growth and the long-term shareholder value creation opportunity."
At 1045 BST, the shares were down 1.4% at 354.70p.
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