Cintas Corp., Mason, OH, announced that Mike Hansen will retire from his role as executive vice president & CFO, and transition to a new role as assistant to the CEO, effective May 31. Scott Garula, currently the president of Cintas’ Rental Division, will succeed Hansen as the company’s executive vice president & CFO.
In his new role, Hansen will support the transition to his successor and contribute to certain strategic initiatives and special projects.
“Continuity of leadership is important, and this planned transition follows a thoughtful succession process,” said Todd Schneider, Cintas president & CEO. “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 (pictured above) joined Cintas in 1996 as an accountant and has held various leadership positions within the company, including key roles within the finance team. He was the president of First Aid & Safety and Fire Protection before becoming the 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.
To read the full release, click here.
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