Minnesota | 0-4063 | 41-0449530 | ||
(State or Other
Jurisdiction of Incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
5995 Opus Parkway, Minnetonka, MN | 55343 | |
(Address of Principal Executive Offices) | (Zip Code) |
o | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
(d) | On May 20, 2008, G&K Services, Inc. announced the addition of Ms. Lynn Crump-Caine to its Board of Directors as a Class I director. A press release regarding this announcement is furnished as Exhibit 99.1 hereto. G&K Services has not yet determined on which of its boards committees Ms. Crump-Caine will serve. | |
Ms. Crump-Caine joins G&K Services with more than 30 years of business leadership experience. Most recently, in 2004, Ms. Crump-Caine founded Outsidein Consulting and she has served as its Chief Executive Officer since then. Outsidein Consulting strives to assist leaders drive business results through executive coaching, leadership team development, culture shaping and strategic planning. Between 1974 and her retirement in 2004, Ms. Crump-Caine served in various executive capacities with the McDonalds Corporation, including as its Executive Vice President, Worldwide Operations and Restaurant Systems (between 2002 and 2004), its Executive Vice President, U.S. Restaurant Systems (between 2000 and 2002), and its Senior Vice President, U.S. Operations (between 1998 and 2000). In addition to the boards of various other for and non-profit organizations, Ms. Crump-Caine serves on the board of Krispy Kreme Doughnuts, Inc., where she serves on this boards compensation and governance committees. | ||
In connection with Ms. Crump-Caines appointment to the G&K Services board, in accordance with the companys established polices, she will be granted an option to purchase 3,000 shares of the companys Class A Common Stock at $34.19, the closing price for such shares on the grant date. The option shall have a term of ten years and shall vest in three equal annual installments, commencing on the first anniversary of the date of issuance, subject to Ms. Crump-Caines continued service as a director. | ||
There are no arrangements or understandings between Ms. Crump-Caine and any other persons pursuant to which she was selected as a director. |
G&K SERVICES, INC. | ||||
Date: May 22, 2008
|
By | /s/ Jeffrey L. Cotter | ||
Jeffrey L. Cotter | ||||
Its | Director of Legal Services and Corporate Secretary |