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ServiceMaster Announces Intention to Spin Off American Home Shield and the Appointment of Nikhil Varty as Chief Executive Officer

SERVICEMASTER GLOBAL HOLDINGS (SERV)  More Company Research Source: Business Wire
Last servicemaster global holdings earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.servicemaster.com
PDF Separation Provides Both ServiceMaster and American Home Shield the Opportunity to Realize Their Respective Growth Potential and Deliver Enhanced Long-Term Value for Shareholders Mr. Varty Brings Significant Operational Expertise and Proven Track Record of Executing Strategic Priorities MEMPHIS, Tenn.--(BUSINESS WIRE)-- ServiceMaster Global Holdings, Inc. (“ServiceMaster” or the “Company”) (NYSE: SERV), a leading provider of essential residential and commercial services, today announced its intention to separate its American Home Shield (AHS) business from its Terminix and Franchise Services Group (FSG) businesses, as well as the appointment of Nikhil Varty as Chief Executive Officer of the Company and as a member of the Board, effective immediately. The separation of AHS is expected to result in two publicly traded companies – ServiceMaster and AHS – by means of a spin-off of the AHS [Read more]

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