This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Chuck M. Fallon Named CEO Of FirstService Residential

TORONTO and DANIA BEACH, Fla., March 25, 2013 (GLOBE NEWSWIRE) -- FirstService Corporation (Nasdaq:FSRV) (TSX:FSV) announced today that Chuck M. Fallon has been named chief executive officer of FirstService Residential, a subsidiary of FirstService Corporation, and largest manager of residential communities in North America. Fallon succeeds Gene Gomberg, who will remain with the Company as Chairman.

"We are very excited to have Chuck join us and confident that he is the right person to lead our market-leading residential property management operations through its next phase of growth," said D. Scott Patterson, President & COO of FirstService Corporation. "He brings an impressive track record of experience with globally recognized Fortune 500 companies in highly competitive service businesses and has a genuine commitment to delivering exceptional customer service."

Patterson added that Fallon's extensive background in strategy, operations and sales and marketing in large-scale organizations with well-known brands will serve him well at FirstService Residential. As CEO, he will be responsible for overall growth and guiding FirstService Residential's 12,000 employees that serve a client portfolio of 6,500 properties and 1.4 million residential units in key markets throughout North America.

"FirstService Residential has built its success on a platform of service excellence and thoughtful, value-added client solutions that has resulted in client retention rates that are truly exceptional," said Fallon. "I'm looking forward to joining the FSR team and continuing to improve the value of every client property and the lifestyle of each resident we serve."

Fallon most recently served as President of Terminix International, the largest pest control company in the United States. Previously he was President, North America for Burger King Holdings, Inc. from 2006 to 2010. Prior to 2006, Fallon spent eight years in various roles at Cendant Corporation, a global travel and real estate company whose brands included Avis, Budget, Ramada, Days Inn, Century 21 and Coldwell Banker.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs