Rentokil Initial plc (LON:RTO, NYSE: RTO) has announced the appointment of Duncan Palmer as a Non-executive Director, with immediate effect.
Duncan is a former Chief Financial Officer and current non-executive director, with significant international experience across major companies. He most recently served as Chief Financial Officer of Cushman & Wakefield (NYSE: CWK), the global real estate commercial services company, where he was a leader in their consolidation and integration strategy and led their US public offering. He was previously CFO at RELX plc (FTSE: RELX) and Owens Corning (NYSE: OC), and held a series of finance leadership roles at Shell. He has deep expertise in finance and governance and a proven track record in implementing back-office rationalisation, cost-reduction, and M&A integration. He currently holds non-executive directorships at Oshkosh Corporation (NYSE: OSK), where he is Chair of the Audit Committee, and also at Aleanna (ANNA) and Verde Clean Fuels (VGAS).
Duncan is a UK Chartered Management Accountant and holds an MBA from the Stanford Graduate School of Business and an MA from St John’s College, Cambridge.
The Company also announces that David Frear will be stepping down from the Board, effective 30 November 2026.
Thérèse Esperdy, Chair, said:
‘I am delighted to welcome Duncan to the Board as a Non-executive Director. His financial skills and transformation experience will greatly benefit the Board and support our management team as we execute our strategic plans, particularly in North America. I would also like to thank David for his commitment and valuable contributions to the Board, Remuneration and Nomination Committees over the last four years.’
Duncan will also become a member of the Audit Committee and the Nomination Committee.
