Rentokil Initial plc has appointed Mike Duffy (Michael A. Duffy) to succeed Andy Ransom who will step down as CEO and Executive Director on 16th March.
Duffy who is currently CEO of US logistics company OnTrac will join the company on 16th February as CEO Designate, with Ransom continuing in his current role to ensure a smooth transition ahead of the company's AGM on 7th May.
A US citizen, Duffy will be based in North America and brings more than 25 years of leadership experience with large US businesses across B2B and B2C industries. Throughout his career, he has delivered successful business transformations through initiatives to improve the customer experience, employee engagement and financial returns. These initiatives include optimising commercial strategy, deploying technology to enhance the customer experience, and driving more robust processes and culture.
As CEO of OnTrac which specialises in residential last-mile deliveries for e-commerce and direct-to-consumer brands, Duffy has established a culture of sales excellence and refocused the business on mutli-site efficiency with investments in technology and best-in-class operations. Prior to this he was the CEO of FleetPride, Inc., the largest independent B2B distributor of parts and a full-service provider for the US heavy-duty truck industry which under his leadership had over 350 locations across North America. Both OnTrac and FleetPride are owned by the US-based private equity business, American Securities LLC.
Duffy currently serves as a board member of Republic Services, Inc., a publicly listed waste management company with a market capitalisation of US $65bn, where he is a member of both the Audit and Sustainability & Corporate Responsibility committees. He is also on the Board for FleetPride and will step down from this role when he joins Rentokil Initial.
He holds a bachelor's degree in operations research and a master's degree in transportation from the Massachusetts Institute of Technology.
Richard Solomons, Chair of Rentokil Initial plc, comments: "We are delighted to announce Mike as our new Chief Executive. He is a successful business leader with a deep understanding of multi-site and route-based operations and customer acquisition strategies. He has a proven track record of delivering profitable growth and transforming businesses and has the right skills and capabilities to enable Rentokil Initial to realise its full potential over the coming years.
"On behalf of the Board, I want to express our gratitude to Andy for his enormous contributions and commitment to the Company for 18 years and especially during his successful tenure as CEO, steering Rentokil Initial to become one of the world's leading services businesses. We wish him all the very best for the future."
Duffy says: "It is an honour to be appointed as Chief Executive of Rentokil Initial, a company with an impressive global footprint and a leading position in the North American market. I admire Rentokil Initial's commitment to its customers, its focus on innovation, and the dedication of its people. There is an exciting opportunity ahead to build upon the strong foundations in place to drive operational excellence, improved financial performance and incremental value for shareholders."
Ransom adds: "It has been the greatest privilege of my career to lead Rentokil Initial, and I want to extend my deepest thanks to every colleague who has contributed to our success. We have built the world's largest Pest Control business, which, together with our global Hygiene and Wellbeing business, are a platform with the scale and capabilities to drive future growth. I am immensely proud of what we've accomplished, and I look forward to handing the baton over to Mike and working closely with him to ensure a smooth transition."
Rentokil Initial plc will announce its financial results for the Full Year 2025 on 5th March, 2026. Andy Ransom, CEO and Paul Edgecliffe-Johnson, CFO, will update the market prior to Mike Duffy assuming the full leadership role on 16th March.
Visit www.rentokil-initial.com.
