Rollins
#859
Rank
$22.69B
Marketcap
United States
Country
Donald P. Carson (Board Member)
Eddie Northen (Senior Vice President, Chief Financial Officer and Treasurer)
Summary
Rollins, Inc. is a premier North American consumer and commercial services company. Rollins, Inc. is a premier global consumer and commercial services company. Its wholly-owned subsidiaries, Orkin LLC., HomeTeam Pest Defense, Orkin Canada, Western Pest Services, The Industrial Fumigant Company, Trutech LLC., Waltham Services LLC., PermaTreat, Crane Pest Control, and Rollins Australia.
The company provides essential pest control services and protection against termite damage, rodents and insects to more than two million customers in the United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia from more than 500 locations.
History
1964: Rollins, Inc. purchased Orkin Exterminating Company, Inc. from the Orkin family and helped turn the business into one of the largest pest management companies in the United States.
1966: Over the coming years they used cash flow, eschewing debt or outside investment, to expand Orkin state by state without diluting his family's 64% stake. His fortune grew.
1968: When Glen (his son) turned two, Wayne set up the Rollins Children's Trust.
1975: The business model was simple: "A woman won't put up with a roach for $10 a month," he told Forbes.
1995: The first Orkin franchise opens in the US.
1999: Rollins enters the Canadian market with the acquisition of PCO services.
2000: First Orkin international franchise.
2001: Gary Rollins, son of O. Wayne Rollins, has been the CEO since July 24.
2004: Glen was named COO of Orkin, overseeing acquisitions like the $110 million buyout of New Jersey's Western Pest Services, now under the Rollins Inc. umbrella.
2005: Rollins acquires the Industrial Fumigant Company.
2010: Gary and Randal, facing a generation that grew up rudderless, tried to offset any issues in how they were raised with bureaucracy--and policing.
2011: Rollins Inc., announced that the company, through its wholly-owned subsidiary Orkin, has established a new international franchise in Shanghai, China. This franchise is Orkin’s first in China.
2014: In July, the company reported its 33rd consecutive quarter of earnings growth, with revenues up 5% to $682.7 million during the first six months of the year versus the one before. Before his ex-wife left Boxwood in July, Glen was renting an Atlanta townhouse owned by his mom.
Mission
“To become the best service company in the world.”
Vision
“We are one of the leading worldwide residential pest control services. The increased awareness and the rising concern for the safety and protection of property have led to our service being recession-resistant.”
Key Team
Harry J. Cynkus (Board Member)
Elizabeth Brannen Chandler (Corporate Secretary and Chief Legal of...)
Henry B. Tippie (Board Member)
Gregory B. Morrison (Board Member)
James B. Williams (Board Member)
Harry J. Cynkus (Board Member)
Jerry W. Nix (Board Member)
Henry B. Tippie (Board Member)
John F. Wilson (President and Chief Operating Officer)
James B. Williams (Board Member)
Patrick Gunning (Board Member)
Jerry Gahlhoff Jr (President/COO)
R. Randall Rollins (Chairman of The Board)
Jerry Rollins (CEO and Partner)
Gary W. Rollins (CEO)
Donald P. Carson (Board Member)
Gregory B. Morrison (Board Member)
References
Donald P. Carson (Board Member)
Eddie Northen (Senior Vice President, Chief Financial Officer and Treasurer)