Rollins Inc. appoints new director, re-elects others

Published 24/04/2025, 19:58
Rollins Inc. appoints new director, re-elects others

ATLANTA, GA - Rollins Inc . (NYSE:ROL), a leading company in the services-to-dwellings and other buildings industry with a market capitalization of $27.09 billion, announced changes to its Board of Directors and shared the outcomes of its Annual Shareholders Meeting in a recent SEC filing. According to InvestingPro data, the company maintains a "GREAT" financial health score, supported by impressive gross profit margins of 52.7%.

On Monday, the company appointed Paul D. Donahue to its Board of Directors, with the Board also assigning him to the Human Capital Management and Compensation Committee. His election expands the board’s expertise and governance at a time when the company demonstrates strong financial performance, with revenue growth of 10.26% in the last twelve months.

During the same day, Rollins Inc. held its 2025 Annual Meeting of Shareholders, where several key decisions were made. Shareholders voted to elect five director nominees to serve until the 2026 Annual Meeting. The elected directors are Susan R. Bell, Donald P. Carson, Paul D. Donahue, Louise S. Sams, and John F. Wilson. Each nominee received a substantial majority of the votes cast, with the number of withheld votes and broker non-votes disclosed for each director.

Additionally, shareholders ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The decision was made with an overwhelming number of votes in favor, a small fraction against, and a nominal amount of abstentions.

The company’s SEC filing, which provides the detailed voting results and the full list of exhibit documents, including the Cover Page Interactive Data File, confirms the execution of these corporate governance actions. Rollins Inc. ensures that all changes and results are transparently communicated to its shareholders and the public, adhering to regulatory requirements and best practices for corporate disclosure.

This report is based on a press release statement from Rollins Inc. and the company’s recent SEC Form 8-K filing.

In other recent news, Rollins Inc. reported its first-quarter 2025 earnings, aligning with expectations by posting an earnings per share (EPS) of $0.22 and revenue of $823 million. The revenue reflected a 9.9% year-over-year increase, surpassing the anticipated $818.69 million, marking a small positive surprise for investors. The company’s gross margin reached a historic high for the first quarter at 51.4%, showcasing efficient operations and cost management. Rollins also announced the acquisition of Sala Pest Control, which is expected to contribute an additional 3-4% to the company’s mergers and acquisitions growth for the year. Analysts from firms like William Blair noted Rollins’ strong performance across its service lines, highlighting its resilience in uncertain economic conditions. The company anticipates organic growth of 7-8% for the year, with improved margins expected in the latter half. Despite these positive developments, Rollins’ stock experienced a 2.6% decline in after-hours trading, possibly due to broader market trends. The company remains focused on its strategic acquisitions and investments, emphasizing long-term growth.

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