Cintas Corporation (Nasdaq:CTAS) today announced that Ron Tysoe has been elected to the company�s Board of Directors. Mr. Tysoe�s appointment brings the number of independent directors to seven, and increases the number of board members to 10. Additionally, he will serve on the Nominating and Corporate Governance Committees of the board. �We are delighted Ron Tysoe has joined the Cintas Board of Directors,� said Richard T. Farmer, Chairman of Cintas Corporation. �His broad business background and experience will be a tremendous asset to Cintas and our shareholders.� Mr. Tysoe served as a senior advisor at Perella Weinberg Partners LP, a boutique investment banking firm in New York from October 2006 through September 2007. Prior to that he was vice chairman, finance and real estate, of Federated Department Stores, Inc. (now Macy�s, Inc.), a position he held since April of 1990. Mr. Tysoe served as chief financial officer of Federated from 1990 to 1997 and served on the Federated board of directors from 1988 until May of 2005. Mr. Tysoe is a member of the board of directors of the E.W. Scripps Company, Taubman Centers the Canadian Imperial Bank of Commerce, and NRDC Acquisition Corp., a recently formed Special Purpose Acquisition Corporation (SPAC) listed on the AMEX exchange. Active in the Cincinnati community over the past 15 years, Mr. Tysoe has served as a trustee of The Cincinnati Zoo, The Cincinnati Museum Center and Cincinnati Country Day School. He received his Bachelor of Commerce and Bachelor of Law degrees at the University of British Columbia in Canada. Mr. Tysoe and his wife, Arleigh, have four daughters. About Cintas Corporation: Headquartered in Cincinnati, Ohio, Cintas Corporation provides highly specialized services to businesses of all types throughout North America. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products, first aid and safety products, fire protection services and document management services to approximately 800,000 businesses. Cintas is a publicly held company traded over the Nasdaq National Market under the symbol CTAS, and is a Nasdaq-100 company and component of the Standard & Poor's 500 Index. The Company has achieved 38 consecutive years of growth in sales and earnings, to date. Caution Concerning Forward-Looking Statements: The Private Securities Litigation Reform Act of 1995 provides a safe harbor from civil litigation for forward-looking statements. Forward-looking statements may be identified by words such as �estimates,� �anticipates,� �projects,� �plans,� �expects,� �intends,� �believes,� �seeks,� �could,� �should,� �may� and �will� or the negative versions thereof and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. These statements are subject to various risks, uncertainties and other factors that could cause actual results to differ from those set forth in or implied by this news release. Factors that might cause such a difference include, but are not limited to, the possibility of greater than anticipated operating costs including fuel costs, lower sales volumes, the performance and costs of integration of acquisitions, fluctuations in costs of materials and labor including increased medical costs, costs and possible effects of union organizing activities, uncertainties regarding any existing or newly-discovered expenses and liabilities related to environmental compliance and remediation, the cost, results and ongoing assessment of internal controls for financial reporting required by the Sarbanes-Oxley Act of 2002, the initiation or outcome of litigation, higher assumed sourcing or distribution costs of products, the disruption of operations from catastrophic events, changes in federal and state tax laws and the reactions of competitors in terms of price and service. Cintas undertakes no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date on which they are made.
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