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.