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May 05, 2015 2:44 AM ET

Hotels, Restaurants and Leisure

Company Overview of Aramark

Company Overview

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients primarily in North America. The company offers managed services, including dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. It also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and supply ...

ARAMARK Tower

1101 Market Street

Philadelphia, PA 19107

United States

Founded in 1959

163,500 Employees

Phone:

215-238-3000

Key Executives for Aramark

Chairman of the Board, Chief Executive Officer and President
Age: 56
Total Annual Compensation: $6.9M
Executive Vice President, General Counsel and Secretary
Age: 56
Total Annual Compensation: $1.4M
Senior Vice President of Finance
Age: 47
Total Annual Compensation: $515.4K
Executive Vice President of Human Resources
Age: 59
Total Annual Compensation: $1.8M
Compensation as of Fiscal Year 2014.

Aramark Key Developments

Aramark Announces New Contract with Allianz Ireland

Aramark has announced that it has secured a new business contract with Allianz Ireland to provide full integrated services to the company's headquarters in Dublin. The three year contract will see Aramark Food Services operate the on-site restaurant, serving more than 600 staff members each day. With a focus on fresh and healthy food, the new restaurant will take inspiration from popular food destinations in Dublin and London in its menus and overall design. A new service area, which will allow for greater ease of access and service for customers has also been developed. Furthermore, Aramark will also provide other services to the building including security and cleaning services.

Aramark Eyes Avoca

Aramark (NYSE:ARMK) is lining up a takeover bid for the Avoca retail chain, and could make an offer within weeks, according to the Sunday Times. Aramark is one of a number of parties interested in buying Avoca from the Pratt family, and talks are said to be ongoing.

Aramark Holdings Announces Executive Changes

ARAMARK Holdings announced that it has named Stephen P. Bramlage, Jr. as executive VP and CFO, effective April 6, 2015. He comes From Owens-Illinois Inc. (OI), where he spent nine years and has served as Chief Financial Officer since 2012 with responsibility for the company's overall finance, business development and strategy. He will succeeds Executive Vice President & Chief Financial Officer Fred Sutherland, who will retire.

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