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    Jerry E. Gahlhoff, Jr.

    President and Chief Executive Officer at Rollins Inc
    Since January 1, 2023
    Age
    51 years
    Education
    Holds a Master of Science in Entomology from the University of Florida.
    Tenure
    Joined Rollins in 2008 via the HomeTeam acquisition and has advanced through key leadership roles including Division President (2011-2016), President of Specialty Brands and VP of Human Resources (2016-2020), Chief Operating Officer (2020-2022), President (2020-present), and CEO (2023-present).

    Also at Rollins Inc

    EBC
    Elizabeth B. Chandler
    Vice President, General Counsel, and Corporate Secretary
    KDK
    Kenneth D. Krause
    Executive Vice President, Chief Financial Officer, and Treasurer

    About

    Jerry E. Gahlhoff, Jr. has built a distinguished career at Rollins, Inc. through a series of progressively responsible roles that reflect his deep operational expertise and strategic insight. His journey at the company began in 2008 with the HomeTeam acquisition, establishing a strong foundation for future growth and leadership.

    Throughout his tenure at Rollins, he has demonstrated an exceptional ability to drive operational excellence and integrate acquisitions seamlessly. His leadership has been instrumental in evolving the company’s structure—overseeing divisions and specialty brands before ascending to the roles of Chief Operating Officer, President, and ultimately CEO. His efforts have consistently contributed to the company’s growth initiatives and operational success.

    Beyond his executive responsibilities, he has shown a commitment to community engagement by serving on the Board of Directors at Zoo Atlanta, reflecting a broader interest in environmental stewardship and civic involvement. His career reflects not only a steady progression through significant leadership positions but also a focus on leveraging industry expertise to foster organizational growth and innovation.

    $ROL Performance Under Jerry E. Gahlhoff, Jr.

    Past Roles

    OrganizationRoleDate RangeDetails
    Rollins, Inc.Chief Operating Officer 2020–2022Held role before becoming President and CEO
    Rollins, Inc.President of Specialty Brands & VP of Human Resources 2016–2020Elevated role before further promotion
    Rollins, Inc.Division President 2011–2016Prior leadership role
    Rollins, Inc.Joined as part of HomeTeam acquisition 2008Entry point into the company

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $1,000,000 Annual [N/A]44.9% increase from 2022 salary due to assuming CEO and Principal Executive Officer roles effective January 1, 2023
    All Other Compensation $40,864 N/A [N/A]Includes various benefits and perquisites; specific components not detailed

    Performance Compensation

    Data from  FY 2023

    Performance-Based Cash Incentive (Non-Equity Awards)

    MetricThreshold PerformanceTarget PerformanceMaximum PerformanceWeightActual Result
    Revenue to Plan 95% (75% payout) 100% (100% payout) 105%+ (125% payout) 60% of bonus opportunity 14% increase; 105.7% of plan resulting in 125% payout
    Pre-Tax Profit Achievement 95% (75% payout) 100% (100% payout) 105%+ (125% payout) 90% of bonus opportunity Performance details not disclosed
    • Bonus Opportunity: 150% of annual base salary.
    • Estimated Payouts: Threshold: $1,125,000, Target: $1,500,000, Maximum: $1,875,000.
    • Evaluation Period: Annual fiscal year.
    • Vesting Schedule: Not applicable; payouts are made annually based on performance.
    • Actual Payout: Non-equity incentive actual payout was $1,785,000.

    Equity Incentive Plan Awards

    Award TypeShares/UnitsGrant DateGrant Date Fair ValueVesting ScheduleAdditional Details
    Performance Share Units (PSUs) 36,264 units February 16, 2023 $1,294,070 Cliff vesting on December 31, 2025 Divided into three components: Revenue CAGR, Adjusted EBITDA Margin, TSR Modifier; each target payout is 12,088 shares
    Restricted Stock Awards (RSAs) 72,525 shares February 16, 2023 [N/A]$2,623,955 Fully vests on February 16, 2027 Standard equity awards with dividend equivalents accruing and paid upon vesting
    • Evaluation Period for PSUs: FY 2023 to FY 2025, covering performance for revenue CAGR and adjusted EBITDA margin.
    • Additional Conditions: Forfeiture if employment terminates prior to vesting (except in cases of death or disability) ; performance goals are pre-established by the Human Capital Management and Compensation Committee.