BusinessCompany NewsMacfarlane to leave Rentokil

Macfarlane to leave Rentokil

Headhunters appointed to replace FD, but unclear whether he volunteered his resignation

Rentokil FD Andrew Macfarlane is set to leave the rat-catching group,
according to reports.

Macfarlane joined from Land Securities in 2005. Headhunters have been
appointed to replace him, but it is unclear whether he volunteered his
resignation,
the
Sunday Times said
.

Macfarlane is likely to step down at the preliminary results next February,
the
FT reported
.

Macfarlane is credited with overseeing a critical refinancing last month, but
it has not been an entirely positive year, with third-quarter pre-tax profits
down by 74%.

The company is in the middle of a turnaround plan.

Macfarlane was Accountancy Age’s Blue Chip FD of the year in 2005 for his
work at Land Securities.

Further Reading:

Read
the FT piece

Read
the Sunday Times piece

Blue
Chip FD of the year 2005

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