Rollins, Inc., a premier global consumer and commercial services company, announced leadership changes at its Atlanta headquarters.

President of Orkin North America Gene Iarocci will retire at the end of September, after 12 years with Rollins and an illustrious 48-year business career. Iarocci began as a Region Manager trainee in South Florida in 2003, quickly moving through operational and corporate leadership positions until he was named to his current position in 2013. Among his many accomplishments, Iarocci led Orkin to exceed $1 billion in revenue for the first time in the company's history.

Freeman Elliott has been promoted to President of Orkin U.S., overseeing five Orkin divisions, National Sales, Client Services, Orkin Customer Contact Centers, and Orkin Domestic Franchising. Elliott began with Orkin as a Lawn Care Technician in 1991, working his way through the company, most recently serving as Orkin Southeast Division President. Elliott will continue leading the Southeast Division until the company names a replacement.

Jerry Gahlhoff, who most recently led Rollins subsidiary HomeTeam Pest Defense, has been elevated to oversee operations of additional specialty brands including Western Pest Services, Waltham Services, and Rollins Human Resources and Training.

Steve Leavitt, who most recently led a group of Rollins' specialty brands, has been elevated to oversee Rollins' emerging opportunities. In this new role, Leavitt will oversee all international operations, including Orkin Canada, Rollins' Australian and UK pest operation brands, and the Industrial Fumigant Company, which has international client base opportunities. He will also have responsibility for recently-acquired PermaTreat Pest Control and the Rollins wildlife brands – TruTech and Critter Control – the company's fastest-growing business line.

Rollins also reported unaudited financial results for its second quarter and six months ended June 30, 2016.

The Company recorded second quarter revenues of $411.1 million, an increase of 4.8% over the prior year's $392.2 million.  Rollins' net income increased 6.0% to $47.8 million or $0.22 per diluted share for the second quarter ended June 30, 2016, compared to $45.1 million or $0.21 per diluted share for the same period in 2015. 

Rollins' revenues rose 5.6% for the first six months of 2016 to $763.9 million compared to $723.1 million for the prior year.  Net income for the first six months of 2016 was $79.7 million, an increase of 5.8%, or $0.36 per diluted share compared to $75.4 million or $0.34 per diluted share for the same period last year.  

Additionally, in the second quarter of 2016, the Company announced it purchased 365,121 shares of the Company's stock under its share repurchase program and 419,329 shares have been repurchased year-to-date.  In total, 5.5 million additional shares may be purchased under previously approved programs by the Board of Directors. 

Commenting on the Company's financial results, Gary W. Rollins, Vice Chairman and Chief Executive Officer of Rollins, Inc. stated, "We are pleased to have reported solid financial results for both the quarter and first half of 2016.  These results reflect our team's ongoing commitment to continuous improvements in all areas of our business: customer service, sales, productivity initiatives, marketing, and other programs. We completed the conversion of our new CRM and operating system, to over 95% of the Orkin branches this quarter.  Our expenses were negatively impacted this quarter by the acceleration of this roll-out."

"We're extremely proud to announce our Company's acquisition this quarter of our first operation in the United Kingdom, Safeguard Pest Control and Environmental Services. Safeguard is the largest independent pest control company in London and the surrounding Southeastern Counties.  This is a significant milestone for us as we continue our strategic plan to expand our brand globally.   We look forward to working with Safeguard's exceptional team and sharing each other's best practices of pest control, training, and customer service."