G & K (NASDAQ:GKSRA)
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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.