BUSINESS
May 23, 2012 | Harold Brubaker
La Salle University hired Aramark Corp. to run its dining services. Under the contract with Aramark, all of La Salle's current full-time food services employees will maintain their La Salle years of service and their eligibility for tuition remission, and have a comparable health-insurance plan, said Jon Caroulis, a spokesman for the Philadelphia university. The La Salle operation employs 100 full time and 60 part time, he said. Aramark's higher education division manages food services for more than 600 colleges and universities in North America, according to the company.
NEWS
May 10, 2012 | By Mike Armstrong, Inquirer Staff Writer
Joseph Neubauer, best known as benefactor to some of the region's top cultural organizations, stepped down Tuesday as chief executive of Aramark Corp. after 29 years as its leader. Aramark, one of Philadelphia's largest companies, with a global workforce of 250,000, has hired Eric J. Foss, 53, a former PepsiCo Inc. executive, to succeed Neubauer as president and chief executive. The move marks the end of an era for the food-services and facilities-management company, which has known just five chief executives since 1936.
BUSINESS
December 13, 1994 | by Francesca Chapman, Daily News Staff Writer
Aramark, the food-service provider formerly known as ARA Services Inc., said yesterday that it had acquired Harry M. Stevens Inc., which operates food and drink concessions at some of the nation's biggest arenas and ballparks. With the newly acquired contracts, Aramark, which has operated stadium concessions around the country since 1966, will now provide service at the homes of 28 teams in baseball, football, basketball and hockey. Aramark officials would not disclose the price of the deal, which gives the Center City-based company rights to venues in nine states and Puerto Rico.
NEWS
September 5, 2007 | By Susan Snyder INQUIRER STAFF WRITER
The Philadelphia School District in 2005 hired Aramark to help it erase a long-standing deficit in its full-service cafeterias. But the Philadelphia-based company hasn't closed that deficit, and school officials, none too happy, are now prepared to end the contract with the company if new terms can't be reached. Tom Brady, the district's interim chief executive, said yesterday that he might recommend that the district jettison Aramark when the contract expires at the end of September.
NEWS
March 31, 2009 | By Walter F. Naedele INQUIRER STAFF WRITER
Joseph J. Rotondo, 28, a computer programmer, died of multiple brain tumors Friday at his Langhorne home. His father, Joseph L., said that since 2007, Mr. Rotondo had worked in the campus-services department at Aramark, the Philadelphia food-services firm. "He worked on the Web sites that a student uses to transact food services," his father said. From 2001 to 2007, Mr. Rotondo worked with computers for the Defense Supply Center in Northeast Philadelphia. Born in Philadelphia, Mr. Rotondo graduated from Conwell-Egan High School in 1999, and earned his bachelor's degree in management information systems in 2003 and his master's in computer science in 2008, both from La Salle University.
NEWS
October 6, 2010
Aramark Corp., Philadelphia, lost a contract it had since 1992 to run the concession stands at Camden Yards, the home of the Baltimore Orioles. Aramark spokesman David Freireich would not disclose the reason the Orioles gave for deciding against renewing the company's contract for the 2011 baseball season. Aramark had 600 employees working at the ballpark. Many are expected to be picked up by whatever food-service company the Orioles select to succeed Aramark. A spokesman for the Orioles would not disclose the reason for the move.
NEWS
May 9, 2012 | By Mike Armstrong, INQUIRER STAFF WRITER
Aramark Corp., one of Philadelphia's largest companies, has hired a former PepsiCo executive to succeed longtime chief executive Joseph Neubauer. Eric J. Foss joined the privately held food-services and facilities-management giant as its new president and CEO Tuesday. Foss, 53, retired as CEO of Pepsi Beverages Co., a $20 billion division of the soft-drink maker, on Dec. 9. That makes the CEO succession at Aramark something of Pepsi generation phenomenon. The 70-year-old Neubauer had held several senior positions at PepsiCo in the 1970s, including the head of its Wilson Sports Goods division before joining what was then called ARA Services at its chief financial officer in 1979.
BUSINESS
June 1, 2005 | By Harold Brubaker INQUIRER STAFF WRITER
Aramark Corp. won a five-year contract from the Philadelphia Eagles to handle concessions at Lincoln Financial Field, the Philadelphia food-services company said yesterday. The agreement puts Aramark in charge of serving hot dogs, pretzels and beer at all three of the city's major sports facilities. Aramark already has contracts at Citizens Bank Park and the Wachovia complex. The deal at the Linc, signed a few weeks ago, is worth an estimated $10 million a year in revenue - not a huge contract for a company with $10.2 billion in sales last year - but a symbolically important one. "We're real excited, with Philadelphia being our hometown from a corporate standpoint," said Norm Miller, group president of Aramark's sports and entertainment services division, which has contracts at 34 professional sports arenas, ballparks and stadiums.
BUSINESS
August 10, 2006 | By Harold Brubaker INQUIRER STAFF WRITER
A day after agreeing to a $6.3 billion buyout offer from private investors, Aramark Corp. reported a steep decline in quarterly net income because of noncash charges in its uniform-rental business. The previously announced pretax charges of $42.9 million reduced the Philadelphia company's net income 51 percent, to $35 million, or 19 cents a share, on revenue of $2.9 billion. For the same period a year ago, Aramark reported sales of $2.8 billion and earnings of $71.4 million, or 38 cents a share.
NEWS
September 26, 2007 | By Susan Snyder INQUIRER STAFF WRITER
The Philadelphia School District will end its contract with Aramark to run full-service cafeterias in 115 of the district's 267 schools, officials announced yesterday. As of Oct. 1, the school district will take back the operations and run the cafeterias, which Aramark has run for the last two years. District officials said earlier this month that they were unhappy that the company had not helped the district erase a long-standing deficit in its full-service cafeteria operations and were considering terminating the five-year contract - renewable annually - after the first two full years.