Rentokil Initial PLC (LSE:RTO) has announced the departure of its North American chief executive and said trading matched expectations last year.
Brad Paulsen will step down in April and be replaced by chief commercial officer Alain Moffroid on an interim basis, the pest control firm said Tuesday.
Paulsen was leaving “to pursue a new opportunity at a US publicly listed company in the building materials sector,” Rentokil added.
Rentokil also signalled in-line trading over the last year as its North American integration continued “to plan”.
Group organic revenue climbed by 3.0% over the fourth quarter, aided by a 2.3% uptick across the American wing as services saw “improved momentum in inbound lead flow”.
“[Fourth quarter] pilots of new satellite branches, new technician and sales pay plans, and first re-routing and re-branding activities were delivered to plan,” Rentokil noted.
On Moffroid, Rentokil said: “He is a highly experienced leader in the company with extensive experience of both residential and commercial pest control.”
Moffroid was “currently working closely with the North American business on its customer experience and retention, digital and innovation programmes” and would fully join in the coming weeks.
Preliminary results are due on March 6, Rentokil said.