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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