The Full Wiki

Aramark: Wikis

Advertisements
  
  

Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.

Encyclopedia

From Wikipedia, the free encyclopedia

Aramark
Type Private
Founded 1959 (as Automatic Retailers of America)
Headquarters Philadelphia, Pennsylvania
Key people Davre Davidson, founder
Joseph Neubauer, CEO
Industry Managed Services
Products Managed Services
Revenue $11.33 Billion USD (2005)
Net income $314.69 Million USD (2005)
Employees 250,000 (full-time)
Website www.aramark.com
Aramark headquarters in Center City, Philadelphia

Aramark Limited, known commonly as Aramark, is an American food, facilities, and clothing provider, supplying businesses, courts, educational institutions, health care providers, and armed forces. It is headquartered in Center City Philadelphia, Pennsylvania.[1]

Aramark is the 219th largest employer on the FORTUNE 500[2]. Since 1968 in Mexico City, the company has provided services at 14 Olympic Games, including Athens in 2004 and Beijing in 2008. They have also been the subject of a number of scandals regarding labor practices and business ethics. These include firing workers for reporting unsanitary food conditions, and failing to pay workers backpay and fringe wages.[3][4] [5][6]

History

  • In 1936, Davre Davidson begins the Los Angeles company that will eventually become Aramark.
  • In 1959, the company becomes ARA (Automatic Retailers of America)
  • In 1969, ARA officially becomes ARA Services, to reflect its growing range of businesses.
  • In 1983, Joseph Neubauer is elected CEO of ARA Services.
  • In 1994, ARA Services changes its name to Aramark.
  • In 2001, Aramark returns to the New York Stock Exchange as a public company under the RMK ticker.
  • In 2004, Aramark acquired a 90% stake in the Ireland catering company Campbell Catering.
  • In 2006, a group of investors led by Neubauer proposed the acquisition of all outstanding shares of the Aramark Corporation, which was approved by shareholders.
  • In January 2007, the merger is completed.

References

External links

Advertisements

Aramark
Type Private
Industry Managed Services
Founded 1959 (as Automatic Retailers of America)
Headquarters Philadelphia, Pennsylvania, U.S.
Key people Davre Davidson, founder
Joseph Neubauer, CEO
Products Managed Services
Revenue $12.3 Billion USD (2009)
Net income $6.9 Million USD (2009)
Employees 255,000 (full-time)
Website www.aramark.com

, in Center City, Philadelphia]]

Aramark Corporation, known commonly as Aramark, is an American food, facilities, and clothing provider supplying businesses, educational institutions, sports facilities, and health care institutions. It is headquartered at the Aramark Tower in Center City Philadelphia, Pennsylvania.[1] Aramark’s revenues reached $12.3 billion USD in 2009 and was listed as the 189th largest employer on the FORTUNE 500.[2]

Contents

History

Aramark was founded in 1936 by Davre Davidson,[3] who began providing vending services to plant employees in the aviation industry in Southern California. In 1959, Davidson partnered with William Fishman to establish ARA (Automatic Retailers of America), which became publicly traded a year later in 1960.

In 1968, Aramark provided services at the Mexico City Olympic Games, the first of 14 games they have serviced, including Athens in 2004 and Beijing in 2008.[4]

In 1969, ARA officially becomes ARA Services, to reflect its growing range of businesses.

In 1983, Joseph Neubauer was elected CEO of ARA Services and a year later, in 1984, Neubauer led a group of executives to fend off a hostile takeover bid by coordinating a management buyout.[5]

ARA Services changes its name to ARAMARK in 1994.

In 2004, Aramark acquired a 90% stake in the Ireland catering company Campbell Catering.

In 2001, Aramark returns to the New York Stock Exchange as a public company under the RMK ticker. In 2006, a group of investors led by Neubauer proposed the acquisition of all outstanding shares of the Aramark Corporation, which was approved by shareholders. The merger was completed in 2007.

Global Operations

Aramark provides food and facility services to thousands of clients in 22 countries, including the United States, Canada, the United Kingdom, Germany, Chile, Ireland and Spain. Those services include:

Business and Industry: Business dining services include management of on-site restaurants, catering, convenience stores, and executive dining rooms. Other services include coffee, vending and facility management.

Sports and Entertainment: At sports, entertainment, and recreational facilities, including national parks, Aramark provides concessions, banquet and catering services, retail, merchandise and novelty sales, recreational and lodging services and facilities management.

Higher Education and K-12: Services to colleges, universities, school systems and districts and private schools include dining, catering, food service management, convenience-oriented retail operations, facilities maintenance, custodial, grounds, energy, construction management, capital project management and building commissioning.

Healthcare: Non-clinical support services at healthcare and senior living facilities include patient food and nutition services, retail food services, clinical equipment maintenance, envionmental services, laundry and linen distribution, plant operations, energy management, strategic/technical services, supply chain management and central transportation.

Aramark's uniform and career apparel segment provides uniforms, career and image apparel, safety equipment, work clothes and accessories in industries such as manufacturing, transportation, construction, restaurants and hotels, public safety, healthcare and pharmaceutical industries.

In 2006, Aramark acquired SeamlessWeb, an Internet-based service that allows users to order food from local restaurants.[6]

Aramark owns half interest in AIM Services, a leading outsourcing food provider in Japan.[7]

Ethical history

In recent years, Aramark has made several moves to boost its social responsibility image. In 2008, ARAMARK Building Community, a company-wide volunteer initiative, was created to help neighborhoods rebuild community centers as well as provide support for job readiness programs, nutrition and wellness education, and basic human needs for families and neighborhoods. A spring 2009 survey of over 92,000 students supported the company’s concept of trayless dining, which was developed to reduce the amount of campus waste.[8] In July 2009, ARAMARK and the Colorado Rockies opened what is believed to be the first gluten-free concession stand in major league baseball.[9] By 2010, ARAMARK made gluten-free foods available at all 12 of its major league baseball accounts.[10]

In response to First Lady Michelle Obama's childhood obesity Let's Move! campaign in February 2010, ARAMARK, along with other major food service providers, pledged to reduce the amount of fat, sugar and salt in their meals over the next five years.[11]

In April 2010, Aramark and the Coalition of Immokalee Workers reached a resolution that called for a 70-80 percent increase in wages for tomato pickers.[12]

Aramark has also been the subject of a number of scandals regarding labor practices and business ethics. These include firing workers for reporting unsanitary food conditions, paying fringe wages, not paying backpay, and firing or eliminating the positions of those who file EEOC claims.[13][14][15][16] Aramark has received a unanimous vote of no confidence from Duke University student government in 2004, citing a student opinion survey as its rationale.[17]

References

  1. ^ "Contact ARAMARK." Aramark. Retrieved on August 24, 2009.
  2. ^ "Fortune 500 2010: Top 1000 American Companies - Aramark - FORTUNE on CNNMoney.com". Money.cnn.com. http://money.cnn.com/magazines/fortune/fortune500/2010/snapshots/2309.html. Retrieved 2010-08-02. 
  3. ^ Profile Davre Davidson & William Fishman
  4. ^ Byrnes, Nanette (2008-08-07). "3.5 Million Meals In 16 Days". Businessweek.com. http://www.businessweek.com/magazine/content/08_33/b4096048848674.htm. Retrieved 2010-08-02. 
  5. ^ "BW Online | September 23, 2002 | Joseph Neubauer, Aramark". Businessweek.com. 2002-09-23. http://www.businessweek.com/magazine/content/02_38/b3800018.htm. Retrieved 2010-08-02. 
  6. ^ "Aramark Corp. has acquired SeamlessWeb Professional Solutions, Inc.". http://food-management.com. http://food-management.com/mag/fm_imp_13142/. 
  7. ^ "Aramark acquires half interest in Japanese contract company". http://findarticles.com.+2002. http://findarticles.com/p/articles/mi_m3190/is_39_36/ai_92458924/. 
  8. ^ Horovitz, Bruce (2008-07-25). "More college cafeterias dump food trays". Usatoday.Com. http://www.usatoday.com/money/industries/food/2008-07-22-trays-college-cafeterias_N.htm. Retrieved 2010-08-02. 
  9. ^ "Gluten-Free Concession Stand Now At Coors Field". cbs4denver.com. 2009-07-25. http://cbs4denver.com/local/gluten.free.Coors.2.1100414.html. Retrieved 2010-08-02. 
  10. ^ "Concessionaires add gluten-free offerings to ballpark menu". Sportsbusinessjournal.com. http://www.sportsbusinessjournal.com/article/65703. Retrieved 2010-08-02. 
  11. ^ "Childhood Obesity Battle Is Taken Up by First Lady". The New York Times. 2010-02-10. http://www.nytimes.com/2010/02/10/health/nutrition/10obesity.html. 
  12. ^ "Aramark, Coalition of Immokalee Workers agree on wage hike for UF’s food service field workers". Gainesville.com. 2010-04-02. http://www.gainesville.com/article/20100402/ARTICLES/100409917. Retrieved 2010-08-02. 
  13. ^ "Aramark". Knowmore.org. http://www.knowmore.org/wiki/index.php?title=ARAMARK. Retrieved 2010-08-02. 
  14. ^ Appel, Allan. "Aramark On The Way Out". New Haven Independent. http://newhavenindependent.org/archives/2008/04/aramark_is_out.php. Retrieved 2010-08-02. 
  15. ^ "The Hawk - Scandal surrounds Aramark". Media.www.sjuhawknews.com. http://media.www.sjuhawknews.com/media/storage/paper763/news/2008/04/02/News/Scandal.Surrounds.Aramark-3295202.shtml. Retrieved 2010-08-02. 
  16. ^ jtizzi posted at 10:11 am. (2010-02-18). "The Independent Florida Alligator: News - Students, farmworkers appeal for more money". Alligator.org. http://www.alligator.org/news/campus/article_15086ad6-1c4f-11df-8042-001cc4c002e0.html. Retrieved 2010-08-02. 
  17. ^ http://dsg.oit.duke.edu/docs/legis/sa-aramark.doc

External links

File:Libertybell alone small.jpg Philadelphia portal
Companies portal


Advertisements






Got something to say? Make a comment.
Your name
Your email address
Message