Cintas CEO Scott Farmer's 2019 pay slips 12% to $8.6M
Cintas reports 2019 executive compensation
By ExecPay News
Published: September 17, 2019
Cintas reported fiscal year 2019 executive compensation information on September 17, 2019.
In 2019, five Cintas executives received on average a compensation package of $4M, a 4% increase compared to previous year.
Average pay of disclosed executives at Cintas
Scott D. Farmer, Chief Executive Officer, received $8.6M in total, which decreased by 12% compared to 2018. 56% of Farmer's compensation, or $4.8M, was in stock awards. Farmer also received $1.9M in non-equity incentive plan, $1.2M in salary, as well as $636K in other compensation.
Todd M. Schneider, Chief Operating Officer, received a compensation package of $4M. 29% of the compensation package, or $1.2M, was in stock awards.
J. Michael Hansen, Chief Financial Officer, earned $2.7M in 2019, a 4% decrease compared to previous year.
Michael L. Thompson, Chief Administrative Officer, received $2.6M in 2019, which increases by 2% compared to 2018.
Thomas E. Frooman, General Counsel, earned $2.1M in 2019, a 26% decrease compared to previous year.
Cintas' fiscal year ends on May 31.
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Source: SEC filing on September 17, 2019.