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    Todd M. Schneider

    President & Chief Executive Officer at Cintas Corp
    Since June 2021
    Age
    57 years
    Tenure
    Joined Cintas Corporation in 1989 and progressed through various leadership roles including Vice President of Sales, President & Chief Operating Officer of the former Document Management Division, Senior Vice President of Sales, President & Chief Operating Officer, and ultimately President & Chief Executive Officer in June 2021.

    Also at Cintas Corp

    DBD
    D. Brock Denton
    Senior Vice President, Secretary, and General Counsel
    JNR
    James N. Rozakis
    Executive Vice President and Chief Operating Officer
    JMH
    J. Michael Hansen
    Executive Vice President and Chief Financial Officer

    About

    Todd M. Schneider has dedicated his professional career to Cintas Corporation, having joined the company in 1989. Over the years, he has risen through the ranks by taking on increasingly responsible roles, starting as Vice President of Sales for the Midwest/South Central Region Rental Division and later steering operations in various capacities.

    Throughout his tenure, he has consistently demonstrated strong leadership, managing key divisions including the former Document Management Division and the Rental Division, and further expanding his responsibilities by overseeing operations and marketing. His progression through these roles reflects both his expertise and his commitment to the company's growth and success.

    Currently serving as President & Chief Executive Officer since June 2021, his deep understanding of the business, garnered over decades of experience, continues to provide a strategic advantage to the company. Although personal background and educational details remain undisclosed, his professional journey clearly underscores his significant contributions and long-standing commitment to Cintas Corporation.

    $CTAS Performance Under Todd M. Schneider

    Past Roles

    OrganizationRoleDate RangeDetails
    Cintas Corporation Executive Vice President and Chief Operating Officer July 2018 - June 1, 2021 Responsible for marketing and operations
    Cintas Corporation President & Chief Operating Officer, Rental Division June 2013 - July 2018 Former leadership role in the Rental Division
    Cintas Corporation Senior Vice President of Sales, Rental Division Until June 2013 Held sales leadership responsibilities
    Cintas Corporation President & Chief Operating Officer, Document Management Division N/A Oversaw the former Document Management Division
    Cintas Corporation Vice President of Sales, Midwest/South Central Region Rental Division N/A Sales leadership in the specified region

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,076,400Annual3.5% increase from previous year's base salary ($1,040,000)
    All Other Compensation$268,872AnnualBreakdown: Cintas Partners' Plan Contributions: $18,248; Restricted Stock Dividends: $234,360; Other Benefits (automobile allowances, executive medical program, perquisites)

    Performance Compensation

    Data from  FY 2024

    Annual Cash Incentives Components (Fiscal 2024)

    MetricWeightThresholdTargetMaximumActual Result
    EPS Component42.5%Below $3.37 (0% payout)$3.54 (100% payout)$3.79 (200% payout)$3.79
    Sales Growth42.5%Below 5.92% (0% payout)7.42% (100% payout)10.42% (200% payout)8.9%
    Non-Financial15.0%Not meeting goals (0% payout)Meeting goals (100% payout)N/A$217,971 bonus

    Additional Details:

    • Target Annual Cash Incentive: $1,453,140
    • Maximum Annual Cash Incentive: $2,688,309 (185% of target)
    • Actual Annual Cash Incentive Payout: $2,151,190
    • Evaluation Period: Fiscal 2024
    • Vesting Schedule: Not applicable (cash incentive)
    • The payout is determined post fiscal year-end based on interpolated performance between the threshold, target, and maximum for the EPS and Sales Growth components.