leadership
confidence high
sentiment neutral
materiality 0.55
Cintas separates CEO and President roles; appoints Jim Rozakis as President and COO
CINTAS CORP
- Jim Rozakis appointed President and COO effective August 1, 2026; Todd Schneider remains CEO only.
- Rozakis' annual compensation: base salary $900,000, target cash incentive $1,125,000, target LTI $4,000,000.
- One-time LTI award: restricted stock ($112,500) and stock options ($337,500) with standard vesting.
- No family relationships or material interests disclosed between Rozakis and other officers/directors.
- Change follows decision to separate President and CEO roles; no arrangements with other persons.