5 March 2010
Rentokil Initial to appoint Jeremy Townsend as Chief Financial Officer
Rentokil Initial plc (FTSE: RTO) today announces that Jeremy Townsend will be appointed to the Board as a Director and Chief Financial Officer on leaving his current role.
Jeremy Townsend, 46, is currently Finance Director at Mitchells & Butlers, a role he has held since February 2008. Jeremy joined Mitchells & Butlers in June 2005 as Deputy Finance Director. He was previously employed by J Sainsbury plc where he held various finance roles including Group Financial Controller, Corporate Finance Director and Strategy Director. Prior to Sainsbury's, he was employed by Ernst & Young, working in audit and corporate finance. Jeremy is a Fellow of the Institute of Chartered Accountants of England and Wales.
The date on which he will join the Board will be announced in due course.
Rentokil Initial's current CFO, Michael Murray, indicated some time ago that he would be minded to seek a new challenge outside Rentokil Initial if a suitable replacement could be identified. Mr Murray will leave the Board on 31 March 2010.
Alan Brown, Chief Executive Officer of Rentokil Initial plc, said: "We are delighted that Jeremy has chosen to join Rentokil Initial. He has highly relevant experience in managing the financial aspects of a business that operates across many sites with many brands. His expertise will be invaluable as we continue to pursue our Operational Excellence agenda.'
"On behalf of the Board I would like to wish Michael well for the future and thank him for his contribution during his time with the group."
There is nothing that is required to be disclosed under Listing Rule 9.6.13 in respect of Jeremy Townsend.
Ends
For further information:
Media enquiries:
Malcolm Padley, Corporate Communications Rentokil Initial plc 07788 978199
Kate Holgate, Tom Williams Brunswick Group 020 7404 5959
Shareholder/analyst enquiries:
Katharine Rycroft, Investor Relations Rentokil Initial plc 07811 270734
About Rentokil Initial
Rentokil Initial is one of the largest business services companies in the world, operating in all the major economies of Europe, North America, Asia Pacific and Africa.
www.rentokil-initial.com