Rentokil CEO: ‘This industry is unglamorous but gets in your blood’
Business Leader · Business Leader
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Show Notes
After just over 12 years as CEO of global pest firm Rentokil Initial, Andy Ransom shares what he has learned as he prepares to step down. In that time the share price has quadrupled and profits breached $1bn. Ransom discusses how he progressed from a working-class background to a legal career at ICI, where he took charge of a legal case in the US that cemented his reputation. When he joined Rentokil, it was involved in many business areas, from parcel delivery to laundry. One of his first decisive actions, he explains to Sir Richard Harpin, was to focus the business on pest control. Ransom explains how he prides himself in being a deal-maker and has used a strategy of M&A to grow the global business and make it more efficient through operational “density”. He also discusses the challenges of cracking North America, which is responsible for half the global pest-control market.
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