ATLANTA, August 2, 2022 /PRNewswire/ — Rollins, Inc . (NYSE:ROLE) (“Rollins” or the “Company”), one of the world’s leading consumer and business services companies, today announced Kenneth Krause was appointed executive vice president, chief financial officer and treasurer and chief financial officer, effective September 1, 2022.
“We are delighted to receive Ken Krause as our new CFO and we look forward to him making a great contribution to our leadership team,” he said Jerry Gahlhoff Jr., Rollins’ president and chief operating officer. “With more than two decades of experience leading the finance function for a large publicly traded global manufacturer, we are confident in Ken’s ability to bring his strategic focus, international experience and integrity to the finance group to continue the strong performance and strategic vision of Rollins.
“Ken’s unique combination of strategic, operational and financial experience supports his passion for helping companies deliver long-term shareholder value,” said Gahlhoff.
Ken Krause commented, “I am honored and excited to become Rollins’ new CFO and look forward to joining an organization with a customer focus, a global perspective and a strong desire to do the best for all of our groups of interest. I look forward to leveraging my experience and expertise in leading the finance group and partnering with the leadership team to continue to accelerate the company’s growth, both organically and through strategic acquisition opportunities as they appear.”
Mr. Krause has served as senior vice president, chief financial officer and treasurer at MSA Safety Incorporated, a global manufacturer of safety equipment with 2021 revenue of 1.4 billion dollars since 2015. Mr. Krause began his career at MSA Safety in 2006 as Director of Internal Audit and has progressed through a variety of roles of increasing responsibility, reaching the position of CFO in 2015. Prior to his experience at MSA Safety, served as a senior. manager at KPMG where he managed several public company engagements. Mr. Krause is a CPA and holds an MBA from Katz University of Pittsburgh School of Business.
About Rollins, Inc.
Rollins, Inc. is one of the world’s leading commercial and consumer services companies. Through its family of leading brands, Orkin, HomeTeam Pest Defense, Clark Pest Control, Northwest Exterminating, McCall ServiceTrutech, Critter Control, Western Pest Services, Waltham Services, OPC Pest Services, The Industrial Fumigant Company, PermaTreat, Crane Pest Control, Missquito, Orkin Canada, Orkin Australia, Safeguard (UK), Aardwolf Pestkare (singapore), and in addition, the company and its franchises provide essential pest control services and protection against termite, rodent and insect damage to more than 2.8 million customers in North America, South America, europe, asia, Africai Australia of more than 800 localities. You can learn more about Rollins and its affiliates by visiting our website at www.rollins.comwhere you can also find this and other news releases by accessing the news release button.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements that involve risks and uncertainties about Rollins, Inc.’s business and financial results. We have based these forward-looking statements largely on our current opinions, expectations, beliefs, plans, objectives, assumptions and projections. about future events and financial trends that affect the operating results and financial condition of our business. These forward-looking statements include, but are not limited to, statements about the Company’s expectations in connection with its new appointment as Chief Financial Officer.
Our actual results could differ materially from those indicated by the forward-looking statements due to various risks, timing and uncertainties, including, without limitation, the failure to maintain and enhance our brands and develop a positive customer reputation; our ability to protect our intellectual property and other proprietary rights that are material to our business and brand recognition; actions taken by our franchisees, subcontractors or vendors that could harm our business; general economic conditions; the impact of the extent and duration of the economic contraction related to COVID-19 on general economic activity through the remainder of 2022 and beyond; the impact of future developments related to the COVID-19 pandemic on the Company’s business, results of operations, accounting assumptions and estimates and financial condition, including, without limitation, inflation and restrictions on discretionary customer expenses, disruptions in credit or financial markets, increases in fuel prices, raw material costs or other operating costs; potential increases in labor costs; labor shortages and/or our inability to attract and retain qualified workers; competitive factors and pricing practices; changes in industry practices or technologies; the degree of success of our termite process reforms and pest control sales and treatment methods; our ability to successfully identify, complete and integrate potential acquisitions; unsuccessful expansion into international markets; climate change and adverse weather conditions; a data security breach that results in unauthorized access to personal, financial, proprietary, confidential or other data or information about our customers, employees, third parties or our confidential proprietary information; damage to our brands or reputation; possibility of an adverse decision against us in pending litigation, regulatory action or investigation; changes in various laws and government regulations, including environmental regulations; the adequacy of our insurance coverage to cover all significant risk exposures; the effectiveness of our risk management and security program; general market risk; management’s substantial ownership interest and its impact on public stockholders and the availability of the company’s common stock to the investing public; and the existence of certain anti-takeover provisions in our governing documents, which could make a public offering, change of control or attempted takeover more difficult or costly that the Company’s Board of Directors opposes. All of the foregoing risks and uncertainties are beyond our ability to control, and in many cases we cannot predict the risks and uncertainties that could cause our actual results to differ materially from those indicated by the forward-looking statements. The company undertakes no obligation to update its forward-looking statements.
Investor contact:
Julie Bimmermann
[email protected]
(404) 888-2103
Contact with the media:
Jeff Gaunt
[email protected]
(847) 714-4014
SOURCE Rollins, Inc.
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