Rentokil Initial plc announced that Richard Solomons, Chair of the Board, has informed the Board of his intention to retire, once a successor has been appointed. The search for a new Chair is underway and, in accordance with the UK Corporate Governance Code, is being led by the Senior Independent Director, John Pettigrew, supported by the Nomination Committee. The Board is committed to ensuring a smooth transition, and Richard will continue to lead the Board until his successor has been appointed and assumed Chair responsibilities.
The Board thanks Richard for his strong leadership and significant contributions to the Company and looks forward to continuing to work with him until his successor is in place. Richard has served as the Chair of Rentokil Initial plc since 2019.
Rentokil Initial plc is one of the world's leading service providers to companies. Net sales break down by activity as follows:
- distribution of sanitary hygiene, rodent and insect extermination products (78.9%): liquid soap dispensers and paper napkins, wet wipes, dry wipes, cloths, deodorizers, disinfectants, insecticides, anti-parasite agents, etc.;
- provision of hygiene and wellness products and services (16.7%): deep cleaning and disinfection services, air treatment and purification, clinical waste management, design, installation and maintenance of plants and floral decorations, etc. for schools, public buildings, hotels, airports, health establishments, industrial companies, etc.;
- manufacturing, sale and rental of work clothes (4.2%). The group also provides laundry services to restaurants, hotels, hospitals, and commercial organisations;
- other (0.2%).
Net sales are distributed geographically as follows: the United Kingdom-Ireland-Sub-Saharan Africa (8%), Europe (20.5%), North America (60%), Asia/Pacific (11.3%) and other (0.2%).
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