ServiceMaster Names Bill Derwin as Terminix President

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Technology Executive Brings Track Record of Driving Growth

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He’s a proven, results-oriented leader who brings significant global experience in growing businesses through a combination of acquisitions, joint ventures, organic growth and service excellence.

The ServiceMaster Company, one of the world’s largest residential and commercial service networks, announced today that Bill Derwin will join the company as president of Terminix, effective November 11. He will report to ServiceMaster Chief Executive Officer Robert Gillette.

Derwin joins Memphis-based ServiceMaster from the Otis Elevator division of United Technologies Corporation, a $57 billion-dollar company which provides a broad range of high technology products and support services to the aerospace and building systems industries. The company’s other divisions include Pratt & Whitney and Sikorsky.

“One of my top priorities since joining ServiceMaster has been filling key positions on my executive team with performance-driven leaders who bring a passion to win every day,” said Gillette. “At Otis, Bill established an outstanding 11-year track record of driving growth in a highly competitive environment. He’s a proven, results-oriented leader who brings significant global experience in growing businesses through a combination of acquisitions, joint ventures, organic growth and service excellence. Bill’s background will be especially helpful as we explore opportunities to grow Terminix by expanding our commercial and international segments.”

Derwin served as vice president of Otis’ $4.2 billion global field operations, with 30,000 employees around the world, including the emerging markets of China, India, Brazil and Russia. Prior to Otis, Derwin spent five years as a consultant at McKinsey & Company, leading a number of major initiatives for a broad array of Fortune 100 companies, building extensive experience in strategy, operations, human resources, commercial growth, and sales and marketing. He began his career in engineering at The Boeing Company in Seattle. Derwin holds a bachelor’s degree in mechanical engineering from Stanford University and a master’s degree in business administration from the Harvard Business School.

Larry Pruitt, who has been serving as Terminix’s interim president since March, will assume a new role as Terminix chief operating officer and assist Derwin during the transition.

“Larry has done an excellent job as interim president,” said Gillette. “Despite some marketplace challenges in 2013, under Larry’s leadership, Terminix has continued to deliver solid performance. He’s also helped the entire team stay focused, energized, engaged – and accountable. Larry’s broad industry knowledge, accumulated over a 29-year Terminix career, will be a huge plus as Bill settles into his new role.”

About Terminix
Terminix is the world’s largest pest control provider. Headquartered in Memphis, Tenn., Terminix services approximately 3 million residential and commercial customers in 47 states and 14 countries. Terminix provides pest control services and protection against termites, rodents and other pests threatening human health and/or safety. Terminix is a business unit of The ServiceMaster Company, one of the world's largest residential and commercial service networks. To learn more about Terminix, visit http://www.Terminix.com.

About ServiceMaster
With a global network of more than 7,300 company-owned, franchise and licensed locations, Memphis-based ServiceMaster is one of the world’s largest residential and commercial service networks. The company’s high-profile brands are Terminix, TruGreen, American Home Shield, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. Through approximately 20,000 corporate associates and a franchise network that independently employs an estimated 31,000 additional people, the ServiceMaster family of brands provided services and products to approximately 8 million customers during the last 12 months. The company’s market-leading brands provide a range of residential and commercial services including termite and pest control; lawn, tree and shrub care; home warranties and preventative maintenance contracts; furniture repair; home inspections; home cleaning; janitorial services; and disaster restoration. Go to http://www.servicemaster.com for more information about ServiceMaster or follow the company at twitter.com/ServiceMaster or facebook.com/TheServiceMasterCo.

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Peter Tosches
ServiceMaster
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