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Melanie Barstad Biography and Net Worth

Chief Executive Officer of Frontline Management AS of Cintas

Melanie W. Barstad was elected a Director of Cintas in 2011. Ms. Barstad was with the Johnson & Johnson Family of Companies, a diversified global provider of consumer products, prescription medicines and medical devices, for 23 years, retiring in 2009 as President of Women's Health in the Medical Device and Diagnostics Division. She served as a management board member on numerous Johnson & Johnson operating company boards from 1997 to 2009, including Johnson & Johnson Health Care Systems, Ethicon Endo Surgery and Johnson & Johnson Medical. Ms. Barstad also served as co-chair of the Johnson & Johnson Women's Leadership Initiative and served on the Auburn University Foundation Board of Directors from 2008 to 2016, where she chaired the Directorship Committee and served on the Executive Committee. She was recognized in 2018 by the Auburn University Alumni Association receiving the Auburn University Lifetime Achievement Award. Ms. Barstad was honored in 2019 by Women Inc. as one of the 2019 Most Influential Corporate Board Directors. She has also been been included in the Agenda Compensation 100 listing and has been listed in Europe's Global Board Ready Women's Initiative. The Board believes that Ms. Barstad's experience running complex, enterprise-wide global businesses as a line executive and as a management board member and her status as an independent director, makes her service on the Board valuable to Cintas.

What is Melanie W. Barstad's net worth?: The estimated net worth of Melanie W. Barstad is at least $5.47 million as of October 13th, 2023. Ms. Barstad owns 25,000 shares of Cintas stock worth more than $5,468,750 as of November 21st. This net worth approximation does not reflect any other assets that Ms. Barstad may own. Learn More about Melanie W. Barstad's net worth.
How do I contact Melanie W. Barstad?: The corporate mailing address for Ms. Barstad and other Cintas executives is 6800 CINTAS BOULEVARD; P O BOX 625737, CINCINNATI OH, 45262. Cintas can also be reached via phone at (513) 459-1200 and via email at [email protected]. Learn More on Melanie W. Barstad's contact information.
Has Melanie W. Barstad been buying or selling shares of Cintas?: Melanie W. Barstad has not been actively trading shares of Cintas in the last ninety days. Most recently, Melanie W. Barstad sold 7,872 shares of the business's stock in a transaction on Friday, October 13th. The shares were sold at an average price of $128.5425, for a transaction totalling $1,011,886.56. Following the completion of the sale, the director now directly owns 25,000 shares of the company's stock, valued at $3,213,562.50. Learn More on Melanie W. Barstad's trading history.
Who are Cintas' active insiders?: Cintas' insider roster includes Gerald Adolph (Director), Melanie Barstad (Chief Executive Officer of Frontline Management AS), Thomas Frooman (SVP), J. Hansen (CFO), Jim Rozakis (COO), Joseph Scaminace (Director), Todd Schneider (CEO), Michael Thompson (CAO), and Ronald Tysoe (Director). Learn More on Cintas' active insiders.
Are insiders buying or selling shares of Cintas?: During the last twelve months, insiders at the business services provider sold shares 4 times. They sold a total of 57,932 shares worth more than $9,180,639.57. The most recent insider tranaction occured on July, 24th when Director Gerald S Adolph sold 4,400 shares worth more than $842,292.00. Insiders at Cintas own 15.0% of the company. Learn More about insider trades at Cintas.
Information on this page was last updated on 7/24/2024.

Melanie W. Barstad Insider Trading History at Cintas

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
10/13/2023	Sell	7,872	$128.54	$1,011,886.56	25,000
10/27/2022	Sell	8,464	$103.86	$879,049.88	25,000
10/7/2021	Sell	12,044	$99.64	$1,200,064.16

Melanie W. Barstad Buying and Selling Activity at Cintas

Cintas Company Overview

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. The company was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.

Today's Range

Now: $220.50

$218.13

$220.78

50 Day Range

MA: $210.05

$201.38

$225.72

2 Week Range

Now: $220.50

$136.87

$227.35

Volume

171,405 shs

Average Volume

1,442,486 shs

Market Capitalization

$88.93 billion

P/E Ratio

55.68

Dividend Yield

0.72%

Beta

1.32

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