Cintas CFO William Gale's 2009 pay jumps 110% to $1.7M
Cintas reports 2009 executive compensation
By ExecPay News
Published: September 4, 2009
Cintas reported fiscal year 2009 executive compensation information on September 4, 2009.
In 2009, six Cintas executives received on average a compensation package of $1.1M, a 14% increase compared to previous year.
Average pay of disclosed executives at Cintas
William C. Gale, Chief Financial Officer, received $1.7M in total, which increased by 110% compared to 2008. 62% of Gale's compensation, or $1M, was in stock awards. Gale also received $147K in non-equity incentive plan, $442K in salary, as well as $43K in other compensation.
Thomas E. Frooman, General Counsel, received a compensation package of $1.5M, which increased by 77% compared to previous year. 55% of the compensation package, or $793K, was in stock awards.
Michael L. Thompson, Vice President and Treasurer, earned $1.2M in 2009, a 124% increase compared to previous year.
Scott D. Farmer, Chief Executive Officer, received $1.1M in 2009, which decreases by 19% compared to 2008.
J. Phillip Holloman, Chief Operating Officer, earned $663K in 2009, a 50% decrease compared to previous year.
J. Michael Hansen, Vice President and Treasurer, received $501K in 2009.
Cintas' fiscal year ends on May 31.
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Source: SEC filing on September 4, 2009.