Farmer School alum to succeed Farmer School alum as Cintas CEO

Todd Schneider and Scott Farmer

Todd Schneider and Scott Farmer

A Farmer School graduate will step down from his role as CEO of a Fortune 500 company in May, and another Farmer School graduate will take the helm.

Cintas Corporation announced that Scott Farmer will retire after 18 years as CEO on May 31. He will remain executive chairman, a role he has held since 2016. “It has been a great privilege to serve as Cintas’ CEO for 18 years. The company has grown and changed significantly over that time but our core values and the culture that binds our employee-partners together has remained a steady foundation for the success Cintas has achieved,” Farmer said in a news release. “I am proud of our many collective accomplishments, including the innovative products and services we provide our customers as well as the tremendous dedication of our employee-partners. Our company is in a position of financial strength, with a strong and experienced leadership team executing a proven strategy that has allowed our continued success even through the recent pandemic, making this the appropriate time for an orderly transition.”

Scott Farmer, a 1981 marketing graduate, is the son of Cintas founder and Farmer School of Business namesake Richard T. Farmer, who was CEO of Cintas from 1968 to 2003.

Taking the role of CEO and president on June 1 will be Todd Schneider, a 32-year veteran at Cintas who started in the company as a management trainee after graduating from Miami University with a finance degree in 1989. He will also serve on the newly-expanded Cintas Board of Directors.

I am honored that the board selected me as the next CEO of this great company and grateful for the opportunity to build on the long trajectory of success that Cintas has achieved under Scott Farmer’s leadership,” Schneider said. “With the proven leadership team currently in place, along with our exemplary employee-partners providing excellent care to our customers, I believe Cintas’ future is brighter than ever.”

He has held many positions over the course of 32 years. Todd has an extensive knowledge of our company, fully supports and exemplifies our culture and has served as Executive Vice President & Chief Operating Officer since 2018, which will ensure a seamless transition. Todd is undeniably the right person to lead Cintas to even greater success in the future,” Farmer said.