In Good Company with Nicolai Tangen Rentokil Initial CEO: Pest Control, AI and dealmaking
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Feb 7, 2024 Andy Ransom, CEO of Rentokil Initial, reveals the innovative frontiers of pest control, from cutting-edge tech like AI and drones to the impact of climate change on the industry. He shares wild anecdotes from the field, discusses the importance of sustainable practices, and the surge in consumer interest, especially regarding bed bugs. The conversation also dives into strategic acquisitions, leadership challenges, and the significance of cultural alignment in building successful teams. Plus, Ransom opens up about balancing work and family amidst the buzz of his dynamic career.
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Crazy Pest Stories
- Andy Ransom shared pest control stories, from bubonic plague in Libya to mouse plagues in Australia.
- He also recounted a personal story of being stung by a wasp and panicking, highlighting people's reactions to pests.
Industry Drivers
- Global warming affects pest breeding seasons, making them longer and start earlier.
- Rising middle classes, urbanization, and higher standards also drive demand for pest control.
Climate Change and Pests
- Climate change creates good breeding conditions for pests due to warmer summers and wetter winters, increasing demand for pest control.
- Rentokil is also focusing on sustainable and chemical-free solutions to reduce environmental impact.