Cintas Corporation Announces Executive Transition
Cintas (NASDAQ: CTAS) announced a significant leadership transition as Mike Hansen will retire from his position as Executive Vice President & Chief Financial Officer (CFO), effective May 31, 2025. Hansen will transition to a new role as Assistant to the CEO, supporting his successor and contributing to strategic initiatives.
Scott Garula, currently President of Cintas' Rental Division, will succeed Hansen as the new CFO. Garula, who joined Cintas in 1996, brings extensive experience from various leadership positions within the company, including roles in the Finance team and as President of First Aid & Safety and Fire Protection.
CEO Todd Schneider emphasized the importance of leadership continuity and acknowledged Hansen's contributions during his 10-year tenure as CFO, which saw significant performance and value creation for the company.
Cintas (NASDAQ: CTAS) ha annunciato una significativa transizione nella leadership, poiché Mike Hansen si ritirerà dalla sua posizione di Vice Presidente Esecutivo e Direttore Finanziario (CFO), a partire dal 31 maggio 2025. Hansen assumerà un nuovo ruolo come Assistente del CEO, supportando il suo successore e contribuendo alle iniziative strategiche.
Scott Garula, attualmente Presidente della Divisione Noleggi di Cintas, succederà a Hansen come nuovo CFO. Garula, che è entrato in Cintas nel 1996, porta con sé una vasta esperienza da diverse posizioni di leadership all'interno dell'azienda, comprese funzioni nel team Finance e come Presidente di Primo Soccorso & Sicurezza e Protezione Antincendio.
Il CEO Todd Schneider ha sottolineato l'importanza della continuità nella leadership e ha riconosciuto i contributi di Hansen durante il suo mandato di 10 anni come CFO, che ha visto un significativo miglioramento delle performance e creazione di valore per l'azienda.
Cintas (NASDAQ: CTAS) anunció una importante transición en el liderazgo, ya que Mike Hansen se retirará de su puesto como Vicepresidente Ejecutivo y Director Financiero (CFO), a partir del 31 de mayo de 2025. Hansen pasará a un nuevo rol como Asistente del CEO, apoyando a su sucesor y contribuyendo a las iniciativas estratégicas.
Scott Garula, actualmente Presidente de la División de Alquiler de Cintas, sucederá a Hansen como el nuevo CFO. Garula, quien se unió a Cintas en 1996, aporta una amplia experiencia de diversas posiciones de liderazgo dentro de la empresa, incluidos roles en el equipo de Finanzas y como Presidente de Primeros Auxilios y Seguridad y Protección Contra Incendios.
El CEO Todd Schneider enfatizó la importancia de la continuidad del liderazgo y reconoció las contribuciones de Hansen durante su mandato de 10 años como CFO, que vio un rendimiento significativo y creación de valor para la empresa.
Cintas (NASDAQ: CTAS)는 Mike Hansen가 2025년 5월 31일부로 최고 재무 책임자(CFO) 직위에서 은퇴한다고 발표하며 중요한 리더십 전환을 알렸습니다. Hansen은 CEO의 보조 역할로 전환하여 후임자를 지원하고 전략적 이니셔티브에 기여할 것입니다.
Scott Garula는 현재 Cintas의 렌탈 부서 사장으로, Hansen의 후임으로 새로운 CFO가 됩니다. Garula는 1996년 Cintas에 입사하여 재무팀 및 응급처치 및 안전, 화재 보호 부서의 사장 등 다양한 리더십 직책에서 폭넓은 경험을 쌓았습니다.
CEO Todd Schneider는 리더십의 지속성 중요성을 강조하며, CFO로서 10년 동안의 Hansen의 기여를 인정하였으며, 이 기간 동안 회사의 성과와 가치 창출이 크게 향상되었다고 밝혔습니다.
Cintas (NASDAQ: CTAS) a annoncé une transition importante au sein de sa direction, car Mike Hansen prendra sa retraite de son poste de Vice-Président Exécutif et Directeur Financier (CFO), à compter du 31 mai 2025. Hansen passera à un nouveau rôle d'Assistant du CEO, soutenant son successeur et contribuant aux initiatives stratégiques.
Scott Garula, actuellement Président de la Division de Location de Cintas, succédera à Hansen en tant que nouveau CFO. Garula, qui a rejoint Cintas en 1996, apporte une vaste expérience acquise dans divers postes de direction au sein de l'entreprise, y compris des rôles dans l'équipe Finance et en tant que Président de la section Premiers secours & Sécurité et Protection contre les incendies.
Le CEO Todd Schneider a souligné l'importance de la continuité du leadership et a reconnu les contributions de Hansen durant ses 10 années en tant que CFO, qui ont vu une performance significative et une création de valeur pour l'entreprise.
Cintas (NASDAQ: CTAS) hat einen bedeutenden Führungswechsel angekündigt, da Mike Hansen mit Wirkung zum 31. Mai 2025 von seiner Position als Executive Vice President und Chief Financial Officer (CFO) zurücktritt. Hansen wird in eine neue Rolle als Assistent des CEO wechseln, um seinen Nachfolger zu unterstützen und zu strategischen Initiativen beizutragen.
Scott Garula, derzeit Präsident der Mietabteilung von Cintas, wird Hansen als neuen CFO nachfolgen. Garula, der 1996 zu Cintas kam, bringt umfangreiche Erfahrung aus verschiedenen Führungspositionen innerhalb des Unternehmens mit, einschließlich Rollen im Finanzteam und als Präsident der Erste-Hilfe- und Sicherheits- sowie Brandschutzabteilung.
CEO Todd Schneider betonte die Bedeutung von Kontinuität in der Führung und erkannte Hansens Beiträge während seiner 10-jährigen Amtszeit als CFO an, die eine signifikante Leistungssteigerung und Wertschöpfung für das Unternehmen zur Folge hatte.
- Planned and orderly CFO succession ensuring leadership continuity
- New CFO brings 28+ years of company experience with strong operational and financial background
- Retiring CFO remains with company to ensure smooth transition
- Loss of experienced CFO who oversaw 10 years of strong performance
Mike Hansen to Retire as CFO at Fiscal Year-End
Scott Garula to Succeed Hansen as CFO
Todd Schneider, Cintas President & CEO, said, “Continuity of leadership is important, and this planned transition follows a thoughtful succession process. We have a tremendous bench of world-class leaders ensuring the right team is in place to guide our Company into the future.
“We are deeply grateful to Mike for his contributions to Cintas throughout his career, including over the last 10 years as CFO which has been a period of outstanding performance and value creation. We look forward to continuing to benefit from his perspective and expertise in his new role.
“Scott’s strong financial acumen and outstanding track record of leadership within Cintas position him to support our continued growth and shareholder value creation, and I am proud to welcome him to this new role.”
Garula joined Cintas in 1996 as an accountant and has held various leadership positions within the company, including key roles within the Finance team and was President of First Aid & Safety and Fire Protection before becoming President of the Rental Division. Garula's deep understanding of Cintas' business and his strong track record in financial management and operational leadership make him well-suited to serve as the Company’s next CFO.
Garula said, "I am honored to take on the role of CFO and continue Cintas’ financial strategy, which prioritizes maximizing our flexibility to invest in our business and return capital as we focus on driving value for shareholders."
Hansen added, "It has been my honor to serve as Cintas’ CFO and work alongside such an exceptional team. Cintas is in a strong financial position, and I am confident it is the right time for me to retire as CFO. I look forward to supporting Scott in his transition and continuing to contribute to our Company's success in my new role."
About Cintas Corporation
Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe and looking their best. With offerings including uniforms, mats, mops, restroom supplies, first aid and safety products, fire extinguishers and testing, and safety training, Cintas helps customers get Ready for the Workday®. Headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250402629022/en/
Investors: Jared S. Mattingley, Vice President - Treasurer & Investor Relations – 513-972-4195
Media: Michelle Goret, Vice President of Corporate Affairs – goretm@cintas.com, 513-972-4155
Source: Cintas Corporation
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