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SERVICEMASTER GLOBAL HOLDINGS,INC. (NYSE:SERV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

SERVICEMASTER GLOBAL HOLDINGS,INC. (NYSE:SERV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of New Director

On May 22, 2018, the Board ofDirectors(the “Board”)ofServiceMaster Global Holdings, Inc. (“ServiceMaster” or the “Company”) expanded it directorships by one and appointed Steven B. Hochhauser, 57, as a member of the Board to fillthe vacancycreated bythe expansion, all to be effective as of June 1, 2018.Mr. Hochhauserwill serve as a Class II Director, where his initial term will expire at the Company’s2019annual stockholders meeting.Mr. Hochhauser previously served as Interim President of American Home Shield from March 26 until May 15, 2018. The Board determined, after considering all of the relevant facts and circumstances, that Mr. Hochhauseris“independent” as defined under NYSE listing standards.

No arrangements exist between the Company and Mr. Hochhauseror any other person to which he wasselected as a director.Mr. Hochhauser earned a fee of $250,000 for serving as Interim President of American Home Shield; there are no other transactions in whichMr. Hochhauserhasan interest requiring disclosure under Item 404(a) of SEC Regulation S-K.

Mr. Hochhauserwill be entitled to participate in the Company’s publicly disclosed director compensation plans, to which he will receive an annual retainer on the same terms as the Company’s other non-employee directors.Such director compensation plans are described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on March 21, 2018 under “The Board of Directors and Corporate Governance— Director Compensation.” In addition to the disclosures in the Company’s Proxy Statement, effective with any equity awards granted after March 22, 2018 to directors, the equity awards shall be issued in shares of common stock (rather than restricted stock) of the Company, which a director may elect to defer to a future date.

In connection with this announcement, ServiceMaster issued a press releaseon May 29, 2018, acopy ofwhichis being furnishedheretoas Exhibit99.1.

Item 9.01.Financial Statements and Exhibits.

(d) Exhibits

SERVICEMASTER GLOBAL HOLDINGS INC ExhibitEX-99.1 2 serv-20180529xex99_1.htm EX-99.1 Exhibit 99.1 May 2018 (Hochhauser) Exhibit 99.1 Media: Michael Wassmer | 901 597 1706 |  michael.wassmer@servicemaster.com Investor Relations: Brian Turcotte | 901 597 3282 | brian.turcotte@servicemaster.com  ServiceMaster Names Stephen B. Hochhauser to Board of Directors  MEMPHIS,…To view the full exhibit click here
About SERVICEMASTER GLOBAL HOLDINGS,INC. (NYSE:SERV)
ServiceMaster Global Holdings, Inc. is a holding company. The Company is a provider of essential residential and commercial services. Its services include termite and pest control, home warranties, disaster restoration, janitorial, residential cleaning, furniture repair and home inspection. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. The Terminix segment provides termite and pest control services to residential and commercial customers and distributes pest control products. Terminix specializes in protection against termite damage, rodents, insects and other pests. The American Home Shield segment provides home warranties for household systems and appliances. The Company’s Franchise Services Group segment consists of the ServiceMaster Restore (disaster restoration), ServiceMaster Clean (janitorial), Merry Maids (residential cleaning), Furniture Medic (furniture repair) and AmeriSpec (home inspection) businesses.

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