MEMPHIS, Tenn. — Bill Derwin, who has served as president of Terminix the last three years, resigned on Aug. 15, a spokesperson from parent company ServiceMaster confirmed to PCT.
Derwin came to Terminix in November 2013 following an 11-year tenure at Otis Elevator, where he served as vice president of Otis’ $4.2 billion global field operations, with 30,000 employees around the world.
During Derwin’s tenure, Terminix adapted its business model with new service offerings in response to the stagnant termite market. The company also made several acquisitions under Derwin’s watch, the largest being the 2015 acquisition of Alterra Pest Control, a $75 million company.
Also during Derwin’s tenure, Terminix dealt with the fallout from a 2015 fumigation incident that sickened a Delaware family vacationing in the U.S. Virgin Islands. In ServiceMaster's July earnings report, the company announced it was offering to pay the family an $87 million settlement.
A ServiceMaster spokesperson said that Derwin’s resignation was not related to the company’s financial performance or the fumigation events from last year.
Effective immediately, ServiceMaster CEO Rob Gillette is leading the Terminix team.