Newcomer Dion Persson brings strong experience in these areas
ServiceMaster
Global Holdings, Inc. (NYSE: SERV), a leading provider of essential
residential and commercial services, today announced the appointment of
Dion Persson to senior vice president of business development for
ServiceMaster. Reporting to ServiceMaster CEO Nik Varty, Persson will be
responsible for developing and executing a well-structured process for
spinning off the company’s American Home Shield business into a new
stand-alone, public company in 2018.
In his new role, Persson also will be responsible for identifying and
advancing all business development activities for the company. This
includes directing and evaluating new marketplace opportunities, such as
strategic partnerships, mergers, and acquisitions that support
ServiceMaster’s strategic growth and development plans – with the goal
of positioning two successful publicly traded companies in 2018.
“Dion is a strong leader with proven experience in spin-offs and
business development and, under his guidance, we will execute plans to
ensure both ServiceMaster and American Home Shield have the opportunity
to realize their respective growth potential and deliver enhanced
long-term value for shareholders,” said Nik Varty, ServiceMaster CEO.
“We have a steadfast commitment to meet the expectations of our
customers, employees, and shareholders. Dion’s leadership and solid
track record in the business development space will guide our efforts
for growing both companies and maximizing shareholder value.”
Prior to joining ServiceMaster, Persson served as vice president of
strategy and analytics for Ingersoll Rand, a leading global provider of
products, services and solutions, including many designed to enhance the
quality, comfort and security of homes and buildings. He joined the
company in 2011 as vice president, strategy and business development for
the Residential Solutions sector, where he worked with the Trane heating
and cooling and Schlage security businesses. He also served as the
business leader for the Ingersoll Rand home automation business and led
a strategy refresh in connection with the spin-off of Allegion plc.
Persson also served as senior vice president and general counsel and
head of human resources at Johns Manville, a Berkshire Hathaway company,
and was the business leader for its global fiberglass business. He
previously worked for the Wall Street M&A law firm Skadden Arps, LLP.
Persson holds a bachelor of science degree in accounting from Brigham
Young University and a juris doctor (J.D.) degree from Yale Law School.
ServiceMaster (NYSE: SERV) solves the homeowner's dilemma. Every day, we
visit more than 75,000 homes and businesses through our extensive
service network of expert professionals. Technology powers our trusted
experts to engage with customers so they can order, buy and receive
services when, where and how they want them. Our well-recognized brands
include American Home Shield (home warranties), AmeriSpec (home
inspections), Furniture Medic (furniture repair), Merry Maids
(residential cleaning), ServiceMaster Clean (janitorial and residential
floor cleaning), ServiceMaster Restore (disaster restoration) and
Terminix (termite and pest control). ServiceMaster is the Official Home
Services Provider of Minor League BaseballTM. Like, follow or
visit us at facebook.com/ServiceMaster, linkedin.com/ServiceMaster, twitter.com/ServiceMaster,
or servicemaster.com.
ServiceMaster
Media:
Pete Tosches, 901-597-8449
Peter.Tosches@servicemaster.com
or
Investor Relations:
Brian Turcotte, 901-597-3282
Brain.Turcotte@servicemaster.com