Farmer worked for his father in the family business, Acme Wiper and Industrial Laundry, through childhood, high school, and college. He received a Bachelor of Arts in Business from Miami University in Oxford, Ohio in 1956.[2] At Miami, he became a member of Delta Tau Delta fraternity. After graduation, he served in the United States Marines before being honorably discharged,[3] coming on full-time with the family business in 1957.
In 1959, Farmer's father transferred operation of the business to Richard. In 1962, the company name was changed to Acme Uniform & Towel Supply to reflect the uniform rental growth segment. By 1966, Acme annual revenues had grown to $1.8 million.[4]
In 1968 Farmer created a new company, Satellite Corp., to provide a centralized distribution system and to develop smaller uniform plants in major U.S. cities. In 1973, Satellite acquired Acme and became known as Cintas. The company became publicly traded on the NASDAQ stock exchange in 1983.[4]
He turned Mason, Ohio-based Cintas from a negative net worth of $34,000 into a Fortune 500 company with annual sales of $3.8 billion. Today Cintas works with over 800,000 other clients.[5]
Cintas is not only the nation's leading corporate uniform provider, but beginning in 1996 it greatly diversified and currently manufactures and implements corporate identity uniform programs and provides entrance mats, restroom supplies, promotional products, first aid and safety products, fire protection services and document management services.[6]
Farmer served as Cintas Corporation's CEO from 1968 to August 1, 1995. He served as Chairman from 1968 until his retirement on October 20, 2009, when he assumed the role of Chairman Emeritus and remained on the board of directors.[6]
Philanthropy
He served as a member and chair of the board of directors at Miami University. At Miami, the Farmer School of Business is named for him after Farmer and his wife, Joyce (Barnes) Farmer (whom he married in 1957), provided the cornerstone gift to the school of business in 1992.[2] The Farmer School of Business consistently ranks as one of the best in the U.S. In 2013, it was ranked 22nd overall and eighth among undergraduate business programs at U.S. public universities, according to BusinessWeek.[7]
In 2005, they announced a $30 million leadership gift through the Farmer Family Foundation, of which $25 million helped underwrite the construction of Farmer Hall and $5 million was earmarked for faculty support.[2]
Associations
Farmer was the 15th largest fundraiser for the 2000 election of George W. Bush and raised hundreds of millions of dollars for the Republican Party.[8] Farmer also authored a book, "Rags to Riches."[4]
Farmer was a director for Fifth Third Bancorp, the Lindner Center for Research & Education, Bethesda Inc., Safety-Kleen Corp., Bowne Inc., Home Federal Savings & Loan Association, Midwest Income Investment Company and Eagle Picher Industries Inc.[3]
Farmer was honored as Ernst & Young’s Entrepreneur of the Year in 1995. He was inducted into the Greater Cincinnati Business Hall of Fame in 1996. In 2010, Farmer was honored by the Cincinnati USA Regional Chamber as one of the Great Living Cincinnatians.[3]
^"History of Cintas Corporation – FundingUniverse". Fundinguniverse.com.
^ ab"Page Not Found". Cintas.com. {{cite web}}: Cite uses generic title (help)
^. www.fsb.miamioh.edu. Archived from the original on May 3, 2013. Retrieved January 17, 2022.
^. www.motherjones.com. Archived from the original on April 17, 2004. Retrieved January 17, 2022.
December 28, 2022
richard, farmer, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Richard T Farmer news newspapers books scholar JSTOR February 2020 Learn how and when to remove this template message This article reads like a press release or a news article and may be largely based on routine coverage Please expand this article with properly sourced content to meet Wikipedia s quality standards event notability guideline or encyclopedic content policy February 2020 Learn how and when to remove this template message Richard T Dick Farmer 1934 or 1935 August 4 2021 was an American businessman known for his tenure as chief executive officer of Cintas from 1968 to 2003 1 Contents 1 Career 2 Philanthropy 3 Associations 4 See also 5 ReferencesCareer EditFarmer worked for his father in the family business Acme Wiper and Industrial Laundry through childhood high school and college He received a Bachelor of Arts in Business from Miami University in Oxford Ohio in 1956 2 At Miami he became a member of Delta Tau Delta fraternity After graduation he served in the United States Marines before being honorably discharged 3 coming on full time with the family business in 1957 In 1959 Farmer s father transferred operation of the business to Richard In 1962 the company name was changed to Acme Uniform amp Towel Supply to reflect the uniform rental growth segment By 1966 Acme annual revenues had grown to 1 8 million 4 In 1968 Farmer created a new company Satellite Corp to provide a centralized distribution system and to develop smaller uniform plants in major U S cities In 1973 Satellite acquired Acme and became known as Cintas The company became publicly traded on the NASDAQ stock exchange in 1983 4 He turned Mason Ohio based Cintas from a negative net worth of 34 000 into a Fortune 500 company with annual sales of 3 8 billion Today Cintas works with over 800 000 other clients 5 Cintas is not only the nation s leading corporate uniform provider but beginning in 1996 it greatly diversified and currently manufactures and implements corporate identity uniform programs and provides entrance mats restroom supplies promotional products first aid and safety products fire protection services and document management services 6 Farmer served as Cintas Corporation s CEO from 1968 to August 1 1995 He served as Chairman from 1968 until his retirement on October 20 2009 when he assumed the role of Chairman Emeritus and remained on the board of directors 6 Philanthropy EditHe served as a member and chair of the board of directors at Miami University At Miami the Farmer School of Business is named for him after Farmer and his wife Joyce Barnes Farmer whom he married in 1957 provided the cornerstone gift to the school of business in 1992 2 The Farmer School of Business consistently ranks as one of the best in the U S In 2013 it was ranked 22nd overall and eighth among undergraduate business programs at U S public universities according to BusinessWeek 7 In 2005 they announced a 30 million leadership gift through the Farmer Family Foundation of which 25 million helped underwrite the construction of Farmer Hall and 5 million was earmarked for faculty support 2 Associations EditFarmer was the 15th largest fundraiser for the 2000 election of George W Bush and raised hundreds of millions of dollars for the Republican Party 8 Farmer also authored a book Rags to Riches 4 Farmer was a director for Fifth Third Bancorp the Lindner Center for Research amp Education Bethesda Inc Safety Kleen Corp Bowne Inc Home Federal Savings amp Loan Association Midwest Income Investment Company and Eagle Picher Industries Inc 3 Farmer was honored as Ernst amp Young s Entrepreneur of the Year in 1995 He was inducted into the Greater Cincinnati Business Hall of Fame in 1996 In 2010 Farmer was honored by the Cincinnati USA Regional Chamber as one of the Great Living Cincinnatians 3 See also EditMiami University Farmer School of BusinessReferences Edit Richard T Farmer philanthropist and the founder of Cintas Corp dead at age 86 a b c About the Farmer School Meet Dick amp Joyce Farmer www fsb miamioh edu Archived from the original on May 7 2013 Retrieved January 17 2022 a b c Richard Farmer www usotributecincinnati com Archived from the original on February 28 2014 Retrieved January 17 2022 a b c Cintas Cares Cintascares com History of Cintas Corporation FundingUniverse Fundinguniverse com a b Page Not Found Cintas com a href Template Cite web html title Template Cite web cite web a Cite uses generic title help Undergraduate Rankings www fsb miamioh edu Archived from the original on May 3 2013 Retrieved January 17 2022 Campaign Inflation www motherjones com Archived from the original on April 17 2004 Retrieved January 17 2022 Retrieved from https en wikipedia org w index php title Richard T Farmer amp oldid 1105691007, wikipedia, wiki, book, books, library,
