John Krenicki, Jr. was named interim chief executive officer of The ServiceMaster Company in April 2013. He also serves as Chairman of ServiceMaster, which was acquired by Clayton, Dubilier & Rice, LLC (CD&R) in July 2007.
Krenicki joined CD&R in 2013 after a 29-year career at General Electric. At CD&R, Krenicki is a member of the team of senior operating executives who are responsible for leading initiatives to help portfolio companies increase top-line growth, improve operating efficiency and build strong management teams, as well as identify and evaluate new investment opportunities.
He is the former vice chairman of GE and former President and Chief Executive Officer of GE Energy. Under Krenicki’s leadership, GE Energy doubled in size and profitability to become GE’s largest business with revenue increasing from $22 billion in 2005 to approximately $50 billion in 2012 and representing roughly one third of GE’s total profits. His responsibilities included oversight of GE’s Oil & Gas, Power and Water, and Energy Management businesses, which employ more than 100,000 people in over 165 countries. He held a number of leadership roles with GE prior to joining GE Energy, including president and chief executive officer of GE Plastics, president and chief executive officer of GE Transportation Systems and served as a director of GE Capital.
Krenicki holds a Bachelor of Science in Mechanical Engineering from the University of Connecticut and a Master of Science in Management from Purdue University.