Cintas CEO Scott Farmer's 2011 pay jumps 166% to $4.6M
Cintas reports 2011 executive compensation
By ExecPay News
Published: September 8, 2011
Cintas reported fiscal year 2011 executive compensation information on September 8, 2011.
In 2011, five Cintas executives received on average a compensation package of $2.1M, a 139% increase compared to previous year.
Average pay of disclosed executives at Cintas
Scott D. Farmer, Chief Executive Officer, received $4.6M in total, which increased by 166% compared to 2010. 51% of Farmer's compensation, or $2.3M, was in stock awards. Farmer also received $684K in non-equity incentive plan, $752K in option awards, $747K in salary, as well as $83K in other compensation.
J. Phillip Holloman, Chief Operating Officer, received a compensation package of $2.8M, which increased by 177% compared to previous year. 66% of the compensation package, or $1.9M, was in stock awards.
William C. Gale, Chief Financial Officer, earned $1.5M in 2011, a 74% increase compared to previous year.
Thomas E. Frooman, General Counsel, received $1.2M in 2011, which increases by 22% compared to 2010.
J. Michael Hansen, Vice President and Treasurer, earned $605K in 2011, a 84% increase compared to previous year.
Cintas' fiscal year ends on May 31.
Related executives
You may also like
Source: SEC filing on September 8, 2011.