Management Structure

Rentokil Initial PLC 04 February 2003 4 February 2003 RENTOKIL INITIAL'S NEW CHIEF EXECUTIVE JAMES WILDE CREATES SECTOR MANAGEMENT STRUCTURE New chief executive, James Wilde, today announced that he has re-organised the management of the company's operations along sector rather than geographic lines. There are now four sectors, each headed by a sector managing director reporting to James Wilde, compared with six regions under the old structure. The central marketing function has been discontinued, with each sector taking responsibility for its own marketing. Main board director, Edward Brown, who was previously marketing director, becomes one of the sector managing directors. The company will continue to report performance both by service and geography. Commenting upon the re-organisation, chief executive James Wilde said: 'The geographic structure served the company well for many years, but I believe that the sector-based structure will enable us to have greater sensitivity to our customers' changing needs and be more agile in responding to new opportunities. This new structure will help us maintain and develop our market positions and build on our competitive advantage of delivering consistent, high quality service. I will be commenting further on these changes with the 2002 Preliminary Results on the 27th February.' ENDS Contacts James Wilde, Chief Executive 01342 833022 Charles Grimaldi, Corporate Affairs Director 01342 833022 Alex Mackey, Catullus Consulting 07773 787458 This information is provided by RNS The company news service from the London Stock Exchange
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