Rentokil Initial Regulatory News (RTO)

19 Jul 2007 07:00

Rentokil Initial PLC19 July 2007 19 July 2007 BOARD CHANGE Rentokil Initial plc, announces that: •Peter Long, the senior independent director, is relinquishing his additional role as chairman of Rentokil Initial Pension Trustee Limited, due to added responsibilities as chief executive designate of TUI Travel plc. He will however continue as the senior independent director of Rentokil Initial plc. •Ian Harley, an independent non-executive director and chairman of the audit committee, will become chairman of Rentokil Initial Pension Trustee Limited. Ian was due to retire in May next year, but in order to ensure independence in his new role with the pension company he has decided to step down as a non-executive director of the company on 18 July 2007, when the pension fund trustee changes take effect. •Duncan Tatton-Brown, an independent non-executive director and group finance director of Kingfisher plc, will succeed Ian Harley as chairman of the company audit committee. Chairman, Brian McGowan said that "We are pleased that Ian Harley has decided to focus upon the pension trusteerole for the long term and have a continuing role with the group, as he was dueto have stepped down from the company board at the next AGM. "I have greatly valued and will miss Ian's contribution and support on thecompany board and as chairman of the audit committee. He was particularlyhelpful during a period of intense difficulty for Rentokil Initial leading up tothe appointment of Doug Flynn and subsequently when a significant re-alignmentin the portfolio and a re-invigoration of the organisation has been undertaken." For further information, please contact Rentokil Initial plcMalcolm Padley, Corporate Communications - 020 7866 3027/ 07788 978 199 Brunswick GroupTeresa Bianchi - 020 7404 5959 / 07834 502 477 Notes for Editors 1. Ian Harley joined the board in 1999 and had intended to step down at the AGM in 2008 when he would have served on the board for nine years. 2. Peter Long joined the board in 2002 and is chief executive of First Choice Holidays plc, which has agreed a merger with the tourism division of TUI AG to create TUI Travel plc, of which Mr Long will become chief executive. This information is provided by RNS The company news service from the London Stock Exchange