The decision, which was approved during a board of directors meeting following Cintas'' Annual Shareholders'' Meeting, will leave Farmer as chairman emeritus and he will remain on the Board of Directors, the release stated.
According to the release, former Vice Chairman Robert J. Kohlhepp has been elected to the position of chairman.
Kohlhepp first joined Cintas as controller in 1967; was appointed executive vice president in 1979; became president and chief operating officer in 1984; became chief executive officer in 1995; and assumed the role of vice chairman in 2003, the release noted.
Farmer said: "There is no one who can surpass the standard of ethical and intellectual brilliance that Bob has brought to every position he has held in the company. I am confident that he, along with my son, Chief Executive Officer Scott Farmer, will see our company to continued success, with our rich culture serving as the foundation of that success."
Farmer established Cintas Corporation in 1968, and in 41 years, he watched the company grow from a small uniform and towel supply company to the nation''s largest uniform company and a leading business to business services provider with sales approaching $4 billion annually, the release added.