Cintas Corporation Appoints Ron Tysoe to Board of Directors.CINCINNATI -- Cintas Corporation (Nasdaq:CTAS CTAS Center-TRACON Automation System CTAS Create Table As Select (Oracle database) CTAS County Technical Assistance Service CTAS Cornell Taiwanese American Society CTAS Canadian Emergency Department Triage and Acuity Scale ) today announced that Ron Tysoe has been elected to the company's Board of Directors. Mr. Tysoe's appointment brings the number of independent directors to seven, and increases the number of board members to 10. Additionally, he will serve on the Nominating and Corporate Governance Committees of the board. "We are delighted Ron Tysoe has joined the Cintas Board of Directors," said Richard T. Farmer Richard "Dick" Farmer is an American businessman whose fortune is self-made through his development of the Cintas Corporation. The company started out as his grandfather's industrial rag cleaning business but today is the nation's leading corporate uniform provider company in the , Chairman of Cintas Corporation. "His broad business background and experience will be a tremendous asset to Cintas and our shareholders." Mr. Tysoe served as a senior advisor at Perella Weinberg Partners LP, a boutique investment banking firm in New York from October 2006 through September 2007. Prior to that he was vice chairman, finance and real estate, of Federated Department Stores, Inc. (now Macy's, Inc.), a position he held since April of 1990. Mr. Tysoe served as chief financial officer of Federated from 1990 to 1997 and served on the Federated board of directors from 1988 until May of 2005. Mr. Tysoe is a member of the board of directors of the E.W. Scripps Company, Taubman Centers the Canadian Imperial Bank of Commerce The Canadian Imperial Bank of Commerce TSX: CM NYSE: CM, better known to most customers as CIBC, is one of Canada's major banks. CIBC is classified as a Domestic Chartered Bank (Schedule I). , and NRDC NRDC Natural Resources Defense Council NRDC National Research and Development Centre (Institute of Education, London) NRDC National Realty & Development Corp. Acquisition Corp., a recently formed Special Purpose Acquisition Corporation (SPAC SPAC Saratoga Performing Arts Center (New York) SPAC Special Purpose Acquisition Company SPAC Sustainable Production and Consumption SPAC Student Professional Awareness Conference SPAC State Public Affairs Committee ) listed on the AMEX AMEX See: American Stock Exchange exchange. Active in the Cincinnati community over the past 15 years, Mr. Tysoe has served as a trustee of The Cincinnati Zoo, The Cincinnati Museum Center and Cincinnati Country Day School Cincinnati Country Day School (abbreviated "CCDS") is a private school located in Indian Hill, Ohio, a suburb of Cincinnati, Ohio. Inspired by the Country Day School movement, which began in Baltimore twenty years prior, the school was founded in 1926 and now enrolls . He received his Bachelor of Commerce The Bachelor of Commerce is a bachelor's degree in business management, accounting and economic fields. The degree is also known as the Bachelor of Commerce and Administration (BCA). and Bachelor of Law degrees at the University of British Columbia Locations Vancouver The Vancouver campus is located at Point Grey, a twenty-minute drive from downtown Vancouver. It is near several beaches and has views of the North Shore mountains. The 7. in Canada. Mr. Tysoe and his wife, Arleigh, have four daughters. About Cintas Corporation: Headquartered in Cincinnati, Ohio, Cintas Corporation provides highly specialized services to businesses of all types throughout North America. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products, first aid and safety products, fire protection services and document management services to approximately 800,000 businesses. Cintas is a publicly held company traded over the Nasdaq National Market under the symbol CTAS, and is a Nasdaq-100 company and component of the Standard & Poor's 500 Index. The Company has achieved 38 consecutive years of growth in sales and earnings, to date. Caution Concerning Forward-Looking Statements: The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a safe harbor from civil litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. for forward-looking statements. Forward-looking statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "expects," "intends," "believes," "seeks," "could," "should," "may" and "will" or the negative versions thereof and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. These statements are subject to various risks, uncertainties and other factors that could cause actual results to differ from those set forth in or implied by this news release. Factors that might cause such a difference include, but are not limited to, the possibility of greater than anticipated operating costs including fuel costs, lower sales volumes, the performance and costs of integration of acquisitions, fluctuations in costs of materials and labor including increased medical costs, costs and possible effects of union organizing activities, uncertainties regarding any existing or newly-discovered expenses and liabilities related to environmental compliance and remediation, the cost, results and ongoing assessment of internal controls for financial reporting required by the Sarbanes-Oxley Act of 2002, the initiation or outcome of litigation, higher assumed sourcing or distribution costs of products, the disruption of operations from catastrophic events, changes in federal and state tax laws and the reactions of competitors in terms of price and service. Cintas undertakes no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date on which they are made. |
|
|||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion