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Cintas Corporation Announces Executive Transition

1. Cintas CFO Mike Hansen will retire effective May 31, 2025. 2. Scott Garula will succeed Hansen as CFO, ensuring leadership continuity.

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FAQ

Why Bullish?

Leadership transitions can positively impact investor confidence if managed well. Successful transitions in companies often lead to stock price appreciation.

How important is it?

Leadership changes at the executive level can directly affect company strategy and financial health, influencing CTAS's market position.

Why Long Term?

The new CFO's strategies might shape company performance and investor perceptions over several quarters.

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CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (NASDAQ: CTAS) today announced that Mike Hansen will retire from his role as Executive Vice President & Chief Financial Officer (CFO) and transition to a new role as Assistant to the CEO, effective May 31, 2025. In this capacity, Hansen will support the transition to his successor and contribute to certain strategic initiatives and special projects. Scott Garula, currently President of Cintas' Rental Division, will succeed Hansen as Executive.

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