Cintas (NASDAQ: CTAS) elevates Jim Rozakis to President and COO

Rhea-AI Filing Summary

Cintas Corporation has separated the roles of President and Chief Executive Officer and appointed Jim Rozakis, previously Executive Vice President and Chief Operating Officer, as President and COO effective August 1, 2026. Todd Schneider will continue to serve as Chief Executive Officer but will no longer hold the title of President.

For his service as President and COO, Rozakis will initially be eligible for annual compensation including a $900,000 base salary, a target annual cash incentive opportunity of $1,125,000, and a target long-term incentive opportunity of $4,000,000 under the company’s equity plan. He will also receive a one-time long-term incentive award with a grant date fair value of $112,500 in restricted stock and $337,500 in non-qualified stock options, vesting over three to five years subject to continued service. The company indicates there are no special arrangements, family relationships, or related-party transactions involving Rozakis that require disclosure under Item 404(a) of Regulation S-K.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Base salary: $900,000 Target annual cash incentive: $1,125,000 Target long-term incentive: $4,000,000 +2 more

5 metrics

Base salary $900,000 Initial annual base salary for President and COO role

Target annual cash incentive $1,125,000 Target annual cash incentive opportunity for Jim Rozakis

Target long-term incentive $4,000,000 Annual target long-term incentive opportunity under equity plan

Restricted stock grant value $112,500 One-time long-term incentive award in restricted stock

Stock option grant value $337,500 One-time long-term incentive award in non-qualified stock options

Key Terms

Chief Operating Officer, long-term incentive opportunity, restricted stock, non-qualified stock options, +1 more

5 terms

Chief Operating Officer financial

"appointed Jim Rozakis ... as President and Chief Operating Officer"

A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.

long-term incentive opportunity financial

"target long-term incentive opportunity of $4,000,000"

restricted stock financial

"award under the Equity Plan in the form of shares of restricted stock"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

non-qualified stock options financial

"in the form of shares of restricted stock and non-qualified stock options"

Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.

Item 404(a) of Regulation S-K regulatory

"material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"

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Available on EDGAR 08/03/2026 - 04:16 PM Accepted by SEC EDGAR 08/03/2026 - 04:15 PM Learn about SEC filing dates

FAQ

What executive leadership change did Cintas (CTAS) make on August 1, 2026?

Cintas appointed Jim Rozakis as President and Chief Operating Officer effective August 1, 2026, while Todd Schneider remains Chief Executive Officer. This formally separates the President and CEO roles within the company’s senior leadership structure.

What is the new compensation package for Cintas (CTAS) President and COO Jim Rozakis?

Jim Rozakis is eligible for a $900,000 annual base salary, a $1,125,000 target annual cash incentive, and a $4,000,000 target long-term incentive opportunity. These elements make up his initial compensation as President and Chief Operating Officer.

What one-time equity awards will Jim Rozakis receive at Cintas (CTAS)?

In connection with his promotion, Rozakis will receive a one-time long-term incentive award with grant date fair values of $112,500 in restricted stock and $337,500 in non-qualified stock options, issued under Cintas’ equity and incentive compensation plan.

How do the equity awards to Jim Rozakis at Cintas (CTAS) vest over time?

Rozakis’ restricted stock will vest 100% on the third anniversary of the grant date. His non-qualified stock options will vest 33% on each of the third, fourth, and fifth anniversaries, all subject to his continued service with the company.

Does Cintas (CTAS) report any related-party transactions involving Jim Rozakis?

Cintas states that there are no arrangements or family relationships involving Jim Rozakis and that he has no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.

Why did Cintas (CTAS) change the roles of its President and CEO?

Cintas decided to separate the roles of President and Chief Executive Officer. As a result, Jim Rozakis was appointed President and COO, while Todd Schneider continues as CEO but no longer holds the President title.

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UNITED STATES  

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934  

Date of Report (Date of earliest event reported) August 3, 2026

Cintas Corporation

(Exact name of registrant as specified in charter)

Washington		0-11399		31-1188630
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer  Identification No.)

6800 Cintas Boulevard, P.O. Box 625737,
Cincinnati, Ohio		45262-5737
(Address of Principal Executive Offices)		(Zip Code)

Registrant's telephone number, including area code: (513) 459-1200

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading symbol(s)		Name of each exchange on which registered
Common stock, no par value		CTAS		The NASDAQ Stock Market LLC
				(NASDAQ Global Select Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 28, 2026, in connection with Cintas Corporation’s (“Cintas” or the “Company”) decision to separate the roles of President and Chief Executive Officer, the Company appointed Jim Rozakis, currently Executive Vice President and Chief Operating Officer (“COO”) of the Company, as President and COO, effective August 1, 2026. As a result, Todd Schneider will remain as the Company’s Chief Executive Officer and will no longer hold the title of President.

A description of Mr. Rozakis’ biography is included in the Company’s definitive proxy statement for its 2025 Annual Meeting of Shareholders.

In connection with Mr. Rozakis’ service as President and COO, Mr. Rozakis will initially be eligible for the following annual compensation: (i) base salary of $900,000; (ii) target annual cash incentive opportunity of $1,125,000; and (iii) target long-term incentive opportunity of $4,000,000, subject to the terms of the Company’s 2016 Amended and Restated Equity and Incentive Compensation Plan (the “Equity Plan). In addition, in connection with his promotion to President of the Company, Mr. Rozakis will be eligible for a one-time long-term incentive award under the Equity Plan in the form of shares of restricted stock and non-qualified stock options, with an aggregate grant date fair value of $112,500 and $337,500, respectively. The awards will vest on the Company’s standard vesting schedule, which is 100% vesting on the third anniversary of the grant date for restricted stock and 33% on each of the third, fourth and fifth anniversaries of the grant date for stock options, subject to Mr. Rozakis’ continued service with the Company.

There are no arrangements or understandings between Mr. Rozakis and any other persons pursuant to which he was appointed as President of the Company, and no family relationships among any of the Company’s directors or executive officers and Mr. Rozakis. Mr. Rozakis has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Item 9.01. Financial Statements and Exhibits.

Exhibit Number		Description
101		Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104		The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				CINTAS CORPORATION
Date:	August 3, 2026		By:	/s/ D. Brock Denton
				D. Brock Denton
				Executive Vice President, Secretary and General Counsel

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB