UniFirst Announces the Passing of President and CEO Ronald D. Croatti
May 24 2017 - 12:32PM
UniFirst Corporation (NYSE:UNF) earlier today announced the passing
of Ronald D. Croatti, the company’s chairman, president, and chief
executive officer (CEO), as a result of complications associated
with pneumonia.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/0df1180e-6104-4a24-9506-37886db7a65c
Ron was a true visionary and business leader who helped mold the
uniform service and supply industry into what it is today. Having
joined the company in 1965 under the tutelage of his father and
company founder, Aldo Croatti, he gained valuable, first-hand
experience working in virtually all areas of the company, excelling
in service, sales, operations, and management, before being named a
senior executive in 1986, when annual revenues were approximately
$100 million. Since he became the company’s chief executive officer
in 1991, UniFirst more than quintupled its annual revenues to $1.5
billion today.
Ron Croatti and UniFirst were also regularly recognized in the
media over the years. Ron was named Executive of the Year by the
Best in Biz Awards and was featured on CBS-TV’s hit reality show
“Undercover Boss.” UniFirst has been ranked by Forbes magazine on
its “Platinum 400-Best Companies in America” list; named by Apparel
magazine as one of “America's Top 50 Apparel Companies” for nine
consecutive years; named one of Selling Power magazine’s “Top 50
Best Companies to Sell For” every year since 2003; and recognized
annually by the Boston Globe on its “Globe 100” list for the last
28 years.
Cynthia Croatti, executive vice president, said, “The loss of my
dear brother and our company leader is profound. His life was
dedicated to the success of UniFirst, as well as to each and every
member of our extended UniFirst family 13,000 people strong. His
vision, leadership, and love for family will be missed immensely,
but will live on for generations to come.”
About UniFirst CorporationHeadquartered in
Wilmington, Mass., UniFirst Corporation is a North American leader
in the supply and servicing of uniform and workwear programs, as
well as the delivery of facility service programs. Together with
its subsidiaries, the company also provides first aid and safety
products, and manages specialized garment programs for the
cleanroom and nuclear industries. UniFirst manufactures its own
branded workwear, protective clothing, and floorcare products, and
with 240 service locations, 300,000 customer locations, and 13,000
employee Team Partners, the company outfits nearly 2 million
workers each business day. UniFirst is a publicly held company
traded on the New York Stock Exchange under the symbol UNF and is a
component of the Standard & Poor's 600 Small Cap Index.
For more information, contact UniFirst at 800.455.7654 or visit
www.unifirst.com.
CONTACT:
Adam Soreff, Director of Marketing & Communications
Phone: 978.658.8888
Email: asoreff@UniFirst.com
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