close

Aramark welcomes back former executive as new CEO

John J Zillmer

Aramark has welcomed back John J. Zillmer to the company as its new chief executive officer, effective immediately.

A respected business leader for over three decades, Zillmer previously spent 18 years at the firm, including a stint as president of Global Food & Support Services.

Aramark previously experienced significant growth under his leadership, becoming the largest food management provider in North America.

Story continues below
Advertisement

Following his prior tenure at the company, Zillmer served as chairman and CEO of Allied Waste Industries where his transformation of Allied Waste became an industry benchmark.

Zillmer also led Univar, a global chemical and ingredients distributor, as CEO and Executive Chairman, where he advanced corporate culture and drove substantial operational improvements.

He said: “I am extremely excited about the opportunity to rejoin Aramark at such a dynamic time in the Company’s history.

“I look forward to working closely with the Board and the Aramark team to drive growth and value for our employees, customers, partners and shareholders.”

Five new independent directors are also joining the board, including Susan Cameron, former chairman and CEO of Reynolds American Inc., Karen King, former executive vice president and chief field officer of McDonald’s Corporation and Art Winkleblack, former executive vice president and chief financial Officer of H.J. Heinz Company, who will join immediately.

Greg Creed, current CEO of Yum! Brands, Inc. will be nominated and recommended for election to the Company’s Board at the Company’s 2020 Annual Meeting, while Paul Hilal, founder and CEO of Mantle Ridge LP, the company’s largest shareholder, will become vice chairman.

Aramark’s current non-executive Chairman, Stephen Sadove, will remain as Chairman of the Board.

Four existing Aramark directors, Pierre-Olivier Beckers-Vieujant, Lisa Bisaccia, Patricia Morrison and John Quelch, have retired from the Board effective as of the appointment of the new directors.

Aramark’s Board will be comprised of 11 directors following the election of Greg Creed at the Company’s 2020 Annual Meeting. The Office of the Chairman has been dissolved.

Sadove said: “John Zillmer is an outstanding leader with a proven record of accelerating business performance and fostering a strong corporate culture.

“We are thrilled he is returning to lead Aramark as Chief Executive Officer. Additionally, we appreciate Mantle Ridge’s thoughtful approach to the long-term success of Aramark and welcome this opportunity to partner with Paul Hilal, a true owner-steward.”

Tags : appointmentsAramarkJohn J. Zillmer
Patrick Cremona

The author Patrick Cremona

Leave a Response