G&K Services Announces the Addition of J. Patrick Doyle to Its Board of Directors
29 August 2005 - 1:30PM
Business Wire
G&K Services, Inc. (Nasdaq:GKSRA), a market leader in branded
identity apparel programs and facility services, announced today
that J. Patrick Doyle has joined G&K Services' Board of
Directors. "We are pleased to have Patrick join our board," said
Richard Fink, chairman of G&K's board of directors. "His
extensive business background with a number of large multi-national
organizations will add a new dimension to G&K's board." Mr.
Doyle is the Executive Vice President of Team USA for Domino's
Pizza, Inc. He joined Domino's in 1997 as Senior Vice President of
U.S. Marketing. In 1999, Mr. Doyle was promoted to Executive Vice
President, International before assuming his current role in 2004.
Prior to joining Domino's, Mr. Doyle held various senior management
positions at Gerber Products Company, Intervascular SA and the
former First Chicago Corporation. "Mr. Doyle adds further depth to
our board," said Lenny Pippin, chairman of the corporate governance
committee of G&K's board of directors. "His broad background in
marketing, general management and international operations will
provide new insight and perspective in evaluating the strategic
priorities of the company. In addition, his appointment supports
our commitment to be a strong, independent board representing the
interests of our shareholders." Mr. Doyle earned a B.A. degree in
economics from the University of Michigan. He later received his
M.B.A. from the University of Chicago. Safe Harbor for
Forward-Looking Statements The Private Securities Litigation Reform
Act of 1995 (the "Act") provides companies with a "safe harbor"
when making forward-looking statements as a way of encouraging them
to furnish their shareholders with information regarding expected
trends in their operating results, anticipated business
developments and other prospective information. Statements made in
this press release concerning our intentions, expectations or
predictions about future results or events are "forward-looking
statements" within the meaning of the Act. These statements reflect
our current expectations or beliefs, and are subject to risks and
uncertainties that could cause actual results or events to vary
from stated expectations, which could be material and adverse.
Given that circumstances may change, and new risks to the business
may emerge from time to time, having the potential to negatively
impact our business in ways we could not anticipate at the time of
making a forward-looking statement, you are cautioned not to place
undue reliance on these statements, and we undertake no obligation
to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Some of the factors that could cause actual results or events to
vary from stated expectations include, but are not limited to, the
following: unforeseen operating risks; the effects of overall
economic conditions and employment; fluctuations in costs of
insurance and energy; acquisition integration costs; the
performance of acquired businesses; preservation of positive labor
relationships; competition, including pricing, within the corporate
identity apparel and facility services industry; and the
availability of capital to finance planned growth. Additional
information concerning potential factors that could affect future
financial results is included in our Annual Report on Form 10-K for
the fiscal year ended July 3, 2004. About G&K Services, Inc.
Headquartered in Minneapolis, Minnesota, G&K Services, Inc. is
a market leader in branded identity apparel programs and facility
services in the United States, and is the largest such provider in
Canada. G&K operates over 140 processing facilities and branch
offices, serving more than 160,000 customers.
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