CAMFIL HVAC Filtration Solutions

Teminix Enlarges Board

Terminix has appointed David J. Frear to its board of directors and audit and environmental, health and safety committees.

Frear served most recently served as the chief financial officer of subscription-based satellite radio provider, Sirius XM from 2003 through September 15, 2020 and is a serving member of board of directors of The NASDAQ Stock Market LLC and its subsidiaries, NASDAQ PHLX LLC, and NASDAQ BX, Inc.

Frear previously served on the boards of Sirius XM Canada Holdings Inc., Savvis Communications and Pandora Media Inc.

Announcing the new appointment, Terminix Chairman, Naren Gursahaney, said:

“Dave will add significant financial acumen to our board,”

“His 17-year tenure in subscription-based services and long history of creating shareholder value will be valuable as we move forward as a pure play pest control company.”

CEO, Brett Ponton, added: “I am excited to welcome Dave to the board,” said Terminix.

“I look forward to working closely with him as we shape our plan to deliver consistent, industry leading performance as a pure play pest control provider of choice.”

Prior to his tenure at Sirius XM, Frear was chief financial officer of Savvis Communications Corporation, a global managed service provider, delivering internet protocol applications for business customers and internet satellite communications company, Orion Network Systems Inc. Frear began his career as an investment banker at Bear, Stearns & Co., Inc. and Credit Suisse Group.

He says: “I look forward to joining the strong Terminix board and providing support to Brett and his leadership team as we continue to make strides toward consistent growth and profitability.”

CAMFIL HVAC Filtration Solutions

Staff Reporter covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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