G&K CEO Milroy Plans Medical Leave
G&K Services, Inc., said Wednesday that its CEO, Douglas Milroy, will take a temporary medical leave beginning February 29, to treat an aortic aneurysm.
The Minnetonka-based company, which manufactures branded identity apparel, said it expects Milroy to “recover fully within four to six weeks” and “completely resume his normal duties upon his return.” An aortic aneurysm involves the swelling of the aorta, the main artery that carries blood from the heart to the rest of the body.
The company said that Milroy will remain actively involved in the company's operations and business “as circumstances allow during his recovery.” During his absence, G&K's executive management team will jointly oversee day-to-day business decisions and operations of the company.
“We wish Doug the best for a full and speedy recovery and look forward to his quick return,” G&K Chairman Lenny Pippin said in a statement. “Both Doug and the board have full confidence in our very capable management team to run day-to-day operations and business during Doug's brief leave, and continue driving solid results against our game plan.”
G&K has more than 7,500 employees and 160 facilities in North America, and it is among Minnesota's 35 largest public companies based on revenue, which totaled $828.9 million for the fiscal year that ended in July.