Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

UniFirst Announces the Passing of President and CEO Ronald D. Croatti

UNF

WILMINGTON, Mass., May 24, 2017 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE:UNF) earlier today announced the passing of Ronald D. Croatti, the company’s chairman, president, and chief executive officer (CEO), as a result of complications associated with pneumonia.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0df1180e-6104-4a24-9506-37886db7a65c

Ron was a true visionary and business leader who helped mold the uniform service and supply industry into what it is today. Having joined the company in 1965 under the tutelage of his father and company founder, Aldo Croatti, he gained valuable, first-hand experience working in virtually all areas of the company, excelling in service, sales, operations, and management, before being named a senior executive in 1986, when annual revenues were approximately $100 million. Since he became the company’s chief executive officer in 1991, UniFirst more than quintupled its annual revenues to $1.5 billion today.

Ron Croatti and UniFirst were also regularly recognized in the media over the years. Ron was named Executive of the Year by the Best in Biz Awards and was featured on CBS-TV’s hit reality show “Undercover Boss.” UniFirst has been ranked by Forbes magazine on its “Platinum 400-Best Companies in America” list; named by Apparel magazine as one of “America's Top 50 Apparel Companies” for nine consecutive years; named one of Selling Power magazine’s “Top 50 Best Companies to Sell For” every year since 2003; and recognized annually by the Boston Globe on its “Globe 100” list for the last 28 years.

Cynthia Croatti, executive vice president, said, “The loss of my dear brother and our company leader is profound. His life was dedicated to the success of UniFirst, as well as to each and every member of our extended UniFirst family 13,000 people strong. His vision, leadership, and love for family will be missed immensely, but will live on for generations to come.”

About UniFirst Corporation
Headquartered in Wilmington, Mass., UniFirst Corporation is a North American leader in the supply and servicing of uniform and workwear programs, as well as the delivery of facility service programs. Together with its subsidiaries, the company also provides first aid and safety products, and manages specialized garment programs for the cleanroom and nuclear industries. UniFirst manufactures its own branded workwear, protective clothing, and floorcare products, and with 240 service locations, 300,000 customer locations, and 13,000 employee Team Partners, the company outfits nearly 2 million workers each business day. UniFirst is a publicly held company traded on the New York Stock Exchange under the symbol UNF and is a component of the Standard & Poor's 600 Small Cap Index.  For more information, contact UniFirst at 800.455.7654 or visit www.unifirst.com.

UniFirst Announces the Passing of President and CEO Ronald D. Croatti
UniFirst Chairman, President, and Chief Executive Officer Ronald D. Croatti


CONTACT: Adam Soreff, Director of Marketing & Communications Phone: 978.658.8888 Email: asoreff@UniFirst.com

Primary Logo