Rentokil Initial PLC Directorate Change (1024R)
04 March 2021 - 6:05PM
UK Regulatory
TIDMRTO
RNS Number : 1024R
Rentokil Initial PLC
04 March 2021
4 March 2021
Directorate Changes including Appointment of Non-Executive
Director
Rentokil Initial plc (FTSE: RTO, "the Company") today announces
the appointment of Sarosh Mistry to its Board as a Non-Executive
Director with effect from 1 April 2021. Sarosh will also become a
member of the Remuneration Committee and the Nomination Committee
from this date.
Sarosh has extensive experience as a senior executive, driving
organic and inorganic growth in business-to-business services,
especially in North America. He has deep experience of building
businesses across the healthcare, retail, facilities management,
hospitality, financial services and consumer technology industries,
including innovation-led growth, service line extensions and new
country entries (including emerging markets in Latin America and
Asia). His executive experience has been in complex, geographically
dispersed and multi-site businesses operating globally.
Sarosh is Chairman of Sodexo's North American services, which
include clinical technology in health care settings, SaaS-based
digital ecosystems, and food-focused delivery. He is also CEO of
Sodexo's global Home Care Services business and a member of the
listed group's executive committee. Prior to joining Sodexo in
2011, he worked in senior roles in major business-to-business and
consumer organisations Compass, Starbucks, Aramark and Pepsico.
Sarosh has a Bachelor's degree from St John's University, and a MBA
from the A. Gary Anderson Graduate School of Management.
Commenting on the appointment Richard Solomons, Chairman,
said:
"We are delighted to welcome Sarosh to the Board of Rentokil
Initial. He has a track record of leading transformative growth and
success in major support services businesses in our largest market,
North America, as well as globally. We are confident that his
experience and personal qualities will enable him to make a strong
contribution to the Board."
There are no further details to be disclosed relating to Sarosh
Mistry under Section 9.6.13 of the Listing Rules.
Other Board Changes
Angela Seymour-Jackson, Non-Executive Director and Chair of the
Remuneration Committee, has informed the Company that, having
served on the Board for a period of 9 years, she does not intend to
stand for re-election at the Company's AGM on 12 May 2021 and will,
therefore, retire as a director of the Company from the conclusion
of the meeting. The Company is pleased to announce that Cathy
Turner, a Non-Executive Director and member of the Remuneration
Committee since April 2020, will succeed Angela as Chair of the
Remuneration Committee.
Commenting on the changes to Board, Richard Solomons, Chairman
of Rentokil Initial, said: "I would like to thank Angela for her
very significant contribution to the Board since she joined it in
2012, and for her work on the Remuneration Committee including as
Chair since 2019. I'd also like to congratulate Cathy on her new
appointment."
For further information please contact:
Rentokil Initial plc
Media Malcolm Padley 07788 978199
Company Secretary Daragh Fagan 07990 561702
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END
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