Aramark Corporation
 |
|
| Public | |
| Traded as | : ARMK |
| Industry | Managed services |
| Founded | 1959 (as Automatic Retailers of America) |
| Founder | Davre Davidson |
| Headquarters |
Aramark Tower Philadelphia, Pennsylvania, U.S. |
|
Area served
|
Global |
|
Key people
|
Eric J. Foss (Chairman, President, and CEO) Steve Bramlage, Jr. (Executive Vice President and CFO) Marc Bruno (COO, Sports, Leisure, Corrections, Dining and K-12) Brad Drummond (COO, Uniform and Refreshment Services) Brent Franks (COO, International) Lynn McKee (Executive Vice President, Human Resources) Steve Reynolds (Executive Vice President, General Counsel, Secretary) |
| Products | Managed services |
| Revenue |
 US$ 14.416 B (2016) |
|
US$ 746.31 M (2016) |
|
|
US$ 287.81 M (2016) |
|
| Total assets |
US$ 10.582 B (2016) |
| Total equity |
US$ 2.161 B (2016) |
|
Number of employees
|
270,000 |
| Website | www.aramark.com |
Aramark Corporation, known commonly as Aramark, is an American food service, facilities, and uniform services provider to clients in fields including education, healthcare, business, corrections, and leisure. It operates in North America (United States and Canada) and an additional 20 countries, including United Kingdom, Germany, Philippines, South Korea, Chile, Ireland and Spain.
The company is headquartered at the Aramark Tower in Center City, Philadelphia, Pennsylvania. Aramark's revenues totaled US$14.416 billion in 2016, and the company was listed as the 27th largest employer on the Fortune 500.
Aramark negotiates pricing and makes purchases directly from national manufacturers through distributors such as Sysco Corporation. The products range from healthcare, dairy, meats, seafood, frozen, canned and dry, paper & disposables, chemicals & janitorial, supplies & equipment, produce, and beverage. Aramark has had distribution agreements with Sysco for more than 20 years.
In 2016, Aramark strengthened its purchasing power through acquiring the group purchasing organization, HPSI.
Aramark was founded as Davidson Brothers in 1936 by Davre and Henry Davidson. Davidson Brothers began by providing vending services to plant employees in the aviation industry in Southern California.
In 1959, Davre Davidson partnered with William Fishman to establish ARA (Automatic Retailers of America), which became publicly traded a year later in 1960. In 1968, ARA provided services at the Mexico City Olympic Games, the first of 16 Games they have serviced, including Athens in 2004 and Beijing in 2008.
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Wikipedia