Business
Appointment of CEO, North America
Rentokil Initial plc has appointed Rafael "Rafa" Carrasco as Chief Executive Officer, North America, effective August 3rd. Carrasco brings extensive experience from WM, where he led multi-site operations across North America and Europe, managed recurring revenue models, and oversaw strategic transformation initiatives, including the integration of a $7.2 billion acquisition. Alain Moffroid, the interim CEO, will remain to support the transition through the end of 2027. Disclaimer*
About this update from Rentokil Initial Plc
[{"type":"text","content":"\n\n\n \n 21 May, 2026\n \nAppointment of Chief Executive Officer, North America\n \nRentokil Initial plc (FTSE: RTO / NYSE: RTO) (\"the Company\") today announces the appointment of Rafael \"Rafa\" Carrasco as Chief Executive Officer, North America, commencing 3 August.\nRafa joins the Company with a distinguished track record of leadership in large-scale, route-based service industries. He most recently served as President of WM Healthcare Solutions and Senior Vice President of Strategy at WM (previously known as Waste Management, Inc.), where he oversaw multi-site operations with 200+ branches and over 10,000 corporate and field-based employees across the U.S., Canada, the U.K., Ireland and Western Europe. He is highly experienced at executing a recurring revenue model, serving commercial and residential customers.\nProfessional Highlights:\n● Extensive Operational Leadership: Rafa has held numerous senior leadership roles over a 10-year career at WM. Prior to serving as President of WM Healthcare Solutions, Rafa led WM's East region, where he enabled disciplined growth through leveraging process and technology solutions focusing on consistent service delivery to customers, reducing frontline turnover and improving operational efficiency.\n● Strategic Transformation: As SVP of Strategy, he led enterprise-level transformation initiatives, using data and technology to optimise operations and drive continuous improvement.\n● Integration Expertise: Rafa led the integration of Stericycle, a $7.2bn acquisition, delivering standout first year cost synergies and establishing a path toward higher synergies over time.\n● Professional Education: Holds a BBA Marketing and an MBA Operations Management from the University of Houston.\nAlain Moffroid, the current interim CEO, North America, will remain on the NA leadership group supporting Rafa and the team as they continue executing their growth plan. He will support the Company through the end of 2027.\nMike Duffy, CEO of Rentokil Initial, said:\n\"I am pleased to welcome Rafa to Rentokil Initial. He has an impressive track record in field-based, recurring service operations, making him the ideal leader to drive our North American business forward. He is an execution-f...