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Servicemaster Co


Servicemaster Co is a publicly traded company having a good stock performance result trading under SVM. It provides various services to residential and commercial customers primarily in the United States. Servicemaster Co is a fortune 500 stock listed company.
 
Servicemaster was founded by Marion E. Wade in 1929 and is headquartered in Downers Grove, Illinois. The company operates in seven segments like as TruGreen ChemLawn, TruGreen LandCare etc. The TruGreen ChemLawn segment provides lawn care services. The TruGreen LandCare segment offers landscape maintenance services. The Terminix segment provides termite and pest control services. The American Home Shield segment offers home warranty contracts for systems and appliances in the United States. It provides residential customers with contracts to repair or replace electrical, plumbing, central heating, and central air conditioning systems hot water heaters and appliances that break down due to normal wear and tear and administers those contracts through independent repair contractors.
 
The American Residential Services segment offers plumbing, drain cleaning, heating, ventilation, electrical services and air conditioning. The American Mechanical Services segment provides heating, ventilation, air conditioning, and electrical services. The Other Operations segment provides residential and commercial disaster restoration and cleaning services, domestic house cleaning services, and on-site furniture repair and restoration services. As of December 31, 2005, ServiceMaster provided services through a network of over 5,500 company owned locations and franchise licenses.
 
Servicemaster is dedicated to maintaining high standards related to their accounting and reporting processes and internal accounting controls. This commitment must be supported by the high ethical standards of their financial employees. This Financial Code of Ethics embodies these principles and has been approved pursuant to ServiceMaster's Financial Code of Ethics Policy.
 
The company's Corporate Governance Quotient as of 1-Apr-06 is better than 99.5 percent of Russell 3000 companies and 98.8 percent of Commercial Services & Supplies companies. Each director and member of senior management is expectant to maintain ownership of Servicemaster's common stock. The Company provides service to residential and commercial customers in the United States where they serve 10.5 million homes and businesses each year. Jonathan P. Ward is the Chairman and Chief Executive Officer of the Company.

With the past performance of the company in mind and the expertise and dedication of the management and staff the company is expected go to far greater heights in the near future.
 

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