The company said J. Michael Hansen notified it on March March 31, 2025 of his intent to retire from his role as Executive Vice President & Chief Financial Officer, and that he will transition to the role of Assistant to the Chief Executive Officer effective May 31, 2025.

1. 01

   The company said J. Michael Hansen notified it on March March 31, 2025 of his intent to retire from his role as Executive Vice President & Chief Financial Officer, and that he will transition to the role of Assistant to the Chief Executive Officer effective May 31, 2025.

2. 02

   Cintas said it appointed Scott Garula, President of the Rental Division, to succeed Mr. Hansen as Executive Vice President & CFO effective June 1, 2025, and that he was appointed on April 1, 2025. The company said Mr. Garula, 54, joined it as an accountant in 1996.

3. 03

   The company said Mr. Garula will initially be eligible for a base salary of $650,000, a target annual cash incentive of 90% of base salary, and a target long-term incentive opportunity of $1,500,000.

4. 04

   The company said Mr. Garula will be eligible for one-time long-term incentive awards in restricted stock and non-qualified stock options, with aggregate grant date fair values of $250,000 and $75,000, respectively. The company said there are no arrangements or understandings with any other persons under which he was appointed, and no family relationships with any directors or executive officers.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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