G&K Services, Inc. announced that Douglas A. Milroy, the company’s Chief Executive Officer, has also been appointed Chairman of its Board of Directors, effective immediately. Mr. Milroy has served as a member of the Board since 2009. Mr. Milroy will succeed M. Lenny Pippin, who has served as Chairman since 2009. Mr. Pippin will become the Board’s independent Lead Director.
“In Doug’s five years as chief executive, G&K has completed a remarkable turnaround,” said Mr. Pippin. ”Under his leadership, the company has strengthened its performance focused culture, implemented a winning strategy, and delivered tremendous financial results, all of which created significant shareholder value. The Board unanimously agreed that now is the right time to extend Doug’s leadership to include the role of Chairman.”
In addition to these changes, the Board also appointed Ernest J. Mrozek to the Board’s Governance Committee. Mr. Mrozek has served on G&K’s Board since 2005 and is also a member of the Audit Committee.
About G&K Services, Inc.
G&K Services, Inc. is a service-focused market leader of branded uniform and facility services programs in the United States, and is the largest such provider in Canada. Headquartered in Minneapolis, Minnesota, G&K Services has nearly 7,800 employees serving approximately 170,000 customers from 160 facilities in North America. G&K Services is a publicly held company traded over the NASDAQ Global Select Market under the symbol GK and is a component of the Standard & Poor’s SmallCap 600 Index.