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July 03, 2015 3:22 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: 57
Total Annual Compensation: $6.9M
Executive Vice President, General Counsel and Secretary
Age: 57
Total Annual Compensation: $1.4M
Senior Vice President of Finance
Age: 48
Total Annual Compensation: $515.4K
Executive Vice President of Human Resources
Age: 60
Total Annual Compensation: $1.8M
Compensation as of Fiscal Year 2014.

Aramark Key Developments

Aramark Receives Concession Contract for Yosemite National Park

The National Park Service announced it has selected Aramark, as the new concessioner for Yosemite National Park. Under the 15-year contract, scheduled to begin on March 1, 2016, Aramark will manage Yosemite's hospitality programs encompassing lodging, food and beverage, retail, recreational and transportation services.

Aramark to Layoff 114 Employees Working within Allen Independent School District at the End of June 2015

Aramark to lay off 114 employees working within Allen Independent School District at the end of June. Aramark's contract with Allen ISD to provide custodial services expires at the close of June GCA Services Group will take over Aramark's role, and the company may or may not make an offer to employees to keep their positions.

Aramark Secures Contract with New Jersey School District

Aramark has secured a $3 million contract with the Glen Rock Board of Education in Glen Rock, NJ. The two-year contract calls for Aramark to provide custodial services to the districts schools and facilities. The company will provide the district with 32 full-time positions, including 29 custodians on various shifts, a general manager, a custodial supervisor, and related administrative staff. The deal is expected to save the school district more than $230,000 over the life of the contract, reports The Glen Rock Gazette.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 13, 2015
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