G&K Services, Inc. (GKSR) said that its Chief Executive Officer, Douglas Milroy, will be taking a temporary medical leave, starting February 29, 2012 to treat an aortic aneurism. The company expects that Milroy will recover fully within four to six weeks and will completely resume his normal duties upon his return.
G&K Services noted that Milroy will continue to serve as the company's Chief Executive Officer and as a member of the Board of Directors, and will, as circumstances allow during his recovery, remain actively involved in the Company's operations and business.
The company said its board has decided that its Executive Management team will jointly be responsible for the day-to-day business decisions and operations of the company.
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