secwatch.observer — SEC 8-K summary
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Issuer:     CINTAS CORP (CTAS)
CIK:        0000723254
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0000950103-25-004379
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cintas CFO Hansen to retire; Scott Garula named successor effective June 1
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- Mike Hansen retires as EVP & CFO effective May 31, 2025, then serves as Assistant to the CEO.
- Scott Garula, current President of Rental Division, appointed EVP & CFO effective June 1, 2025.
- Garula joined Cintas in 1996; will receive base salary $650K, target annual cash incentive 90% of salary.
- Target long-term incentive of $1.5M and one-time equity awards of $250K restricted stock and $75K stock options.
- Planned succession with internal candidate; company emphasizes continuity and strong leadership bench.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723254/000095010325004379/0000950103-25-004379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723254/000095010325004379/dp227209_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-25-004379

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer