ServiceMaster Global Holdings, Inc. (NYSE: SERV), a leading provider of
essential residential and commercial services, today announced the
appointment of Rex Tibbens as American Home Shield (AHS) president and
chief executive officer, effective May 15, 2018. ServiceMaster’s
previously announced spin-off of American Home Shield is on track for a
third quarter execution, at which time Tibbens will continue to lead the
brand.
“American Home Shield is receiving a world-class leader who will
position the company for success post-spin and beyond,” said Nik Varty,
ServiceMaster chief executive officer. “Rex is a recognized and
versatile leader with a tremendous track-record of growth, building
strong cultures and delivering significant shareholder value. I also
want to personally thank Steve Hochhauser, who as interim president has
expertly poised American Home Shield for its next great chapter.”
Tibbens is a former chief operating officer of Lyft, an on-demand
transportation company based in San Francisco, Calif. While at Lyft,
Tibbens worked to expand the service to every state and launched crucial
strategic initiatives, including their Nashville support center and
Express Drive, a program that allowed potential employees to rent
vehicles so they could provide service in select cities. Previously,
Tibbens served as a vice president at Amazon, where he led the technical
and product development of Prime Now, Amazon’s one-hour delivery
service. Before Amazon, he spent twelve years at Dell, serving in a
variety of operations and logistics roles, including executive director
of Global Services.
Tibbens is a graduate from the University of Kentucky, with a bachelor’s
degree in finance. He earned his MBA from the Case Western Reserve
University.
Tibbens said that he’s excited to lead American Home Shield on the next
steps in its growth journey, including focusing on its distinct
investment identity and unique market-leading position.
“I’m thrilled to join the team of 1,800 employees and 45,000 home
service technicians that provide convenient, reliable and expert service
to customers around the country,” said Tibbens. “There’s vast potential
for growth in American Home Shield and the home services industry.
Building and scaling shareholder value begins with outstanding service
and digital improvements at every touch point.”
About ServiceMaster
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 Baseball™. Like, follow, or visit us
at facebook.com/ServiceMaster,
linkedin.com/ServiceMaster, twitter.com/ServiceMaster,
or servicemaster.com.
About American Home Shield
American Home Shield founded the home warranty industry in 1971 and
remains the industry leader. Together with all of its wholly-owned
subsidiaries, American Home Shield services approximately 2 million
customers in all 50 states. The companies operate five customer service
centers, employ approximately 1,800 employees and have a national
contractor network made up of nearly 15,000 independent home service
contractors and more than 45,000 service technicians. American Home
Shield is a business unit of ServiceMaster Global Holdings, Inc. (NYSE:
SERV), one of the world’s largest residential and commercial service
networks. The ServiceMaster network of companies includes AmeriSpec,
American Home Shield, Furniture Medic, Merry Maids, ServiceMaster Clean,
ServiceMaster Restore and Terminix. American Home Shield® is the
Official Home Warranty of Minor League Baseball™.
ServiceMaster Global Holdings, Inc.
Media:
Michael Wassmer, 901-597-1706
michael.wassmer@servicemaster.com
or
Investor Relations:
Brian Turcotte, 901-597-3283
brian.turcotte@servicemaster.com