Aramark Appoints Kim Scott President and CEO of Aramark Uniform Services | Your money


PHILADELPHIA – (BUSINESS WIRE) – October 11, 2021–

Aramark (NYSE: ARMK) CEO John Zillmer today announced the appointment of Kim Scott as President and CEO of Aramark Uniform Services (AUS), effective immediately. In his new role, Scott will become a member of the company’s management team, reporting directly to Zillmer, and oversee the nearly 20,000 company employees who serve approximately 400,000 customers by providing uniforms, laundries and related services. Brad Drummond, who announced his retirement from the company at the end of the year, will serve as executive advisor during his transition.

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Aramark Appoints Kim Scott President and CEO of Aramark Uniform Services. (Photo: Business Wire)

“Kim is a growth-oriented executive with extensive business experience closely tied to our business model,” said Zillmer. “His pragmatic leadership and strategic thinking will help accelerate our profitable growth while improving the experience for our employees and customers. As we focus on growth and better alignment within the industries we serve, we are confident that under Kim’s leadership the company will reach new heights of performance success.

“I am excited about the opportunity to lead this team of dedicated associates. Together, we will drive profitable growth in the business, creating opportunities for our employees and providing exceptional service to our customers, ”said Scott. “Building on our strong track record of success, innovative thinking and in-depth consumer knowledge, Aramark Uniform Services will be well positioned for future success. “

Scott brings over 26 years of experience to his new role. A graduate of Auburn University, she has extensive commercial experience leading a large and dispersed workforce in road distribution companies. She brings in-depth experience in strategic and plant operations, logistics, engineering, purchasing, and mergers and acquisitions. Prior to his most recent role as COO, Terminix Global Holdings, Inc., Scott held key leadership roles, including President, Rubicon Global Holdings. During her 11-year career with Brambles Limited, she rose through the ranks of Director, Strategic Operations, CHEP USA, to President, CHEP North America. Early in her career, she worked for the United States Steel Corporation and the General Electric Company, where she held positions in environmental engineering, procurement, and health and safety.

About Aramark

Aramark (NYSE: ARMK) is proud to serve the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, leading healthcare providers, iconic destinations and cultural attractions, as well as many municipalities in 19 countries around the world with uniform food, facilities and services. Because our culture is rooted in service, our employees strive to do great things for each other, our partners, our communities and our planet. Aramark has been named to DiversityInc’s “50 Best Companies for Diversity” list, Forbes list of “America’s Best Diversity Employers”, HRC’s “Best Workplaces for LGBTQ Equality” and earned a score of 100% on the disability equality index. Learn more at www.aramark.com and connect with us on Facebook, Twitter, and LinkedIn.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations about future events based on certain assumptions and include any statement that does not directly relate to a historical event or current fact. These statements include, without limitation, those related to our expectations regarding the impact of the ongoing COVID-19 pandemic, our business performance, including AUS activity, our financial results, our operations, our liquidity and capital resources, the condition of our industry and our growth strategy. In some cases, forward-looking statements may be identified by words such as “outlook”, “objective”, “anticipate”, “are or remain or continue to be confident”, “trust”, “estimate”, “s ‘wait’, ‘will’, ‘will’, ‘continue’, ‘will probably result’, ‘project’, ‘intention’, ‘plan’, ‘believe’, ‘see’, ‘look at’ and d ‘other words and terms with similar meanings or negative versions of these words. These forward-looking statements are subject to risks and uncertainties which may change at any time, actual results may differ materially from what we expected.

Some of the factors that we believe could affect or continue to affect our results include, but are not limited to: our ability to successfully implement the management transition of AUS, the severity and duration of the COVID-19 pandemic; the impact of the pandemic on the US and global economies, including in particular the customer sectors we serve and government responses to the pandemic; the manner and timing of benefits we expect to receive under the CARES Act or other government programs; unfavorable economic conditions; natural disasters, global calamities, new pandemics, sports strikes and other undesirable incidents; failure to retain existing customers, renew existing customer contracts and obtain new customer contracts; a determination of customers to reduce their outsourcing or their use of preferred suppliers; competition in our industries; increased operating costs and barriers to cost recovery due to pricing and cancellation terms of our catering and support service contracts; currency risks and other risks associated with international operations, including the Corrupt Practices Abroad Act, UK Bribery Act and compliance with other anti-bribery laws; risks associated with the suppliers from which our products originate; disruptions in our relationships with our distribution partners; the contract-intensive nature of our business, which can lead to disputes with customers; our expansion strategy and our ability to successfully integrate the businesses we acquire and the associated costs and schedule; the continuation or continuation of the unionization of our workforce; liability arising from our participation in multi-employer defined benefit pension plans; inability to hire and retain key or sufficient qualified personnel or increased labor costs; government laws and regulations, including those relating to food and drink, the environment, wages and hours, and government contracts; liability associated with failure to comply with applicable law or other government regulations; new interpretations or changes in the application of the government’s regulatory framework; failure to maintain food safety throughout our supply chain, foodborne illness issues and claims of illness or injury; a cybersecurity incident or other disruption in the availability of our IT systems or privacy breaches; our leverage; the inability to generate sufficient liquidity to repay all of our debt; debt agreements that limit our flexibility in operating our business; and other factors set out in Item 1A “Risk Factors”, Item 3 “Legal Proceedings” and Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and other sections of our report on Form 10-K, filed with the SEC on November 24, 2020, as these factors may be updated from time to time in our other periodic SEC documents, which are available on the SEC website at address www.sec.gov and which can be obtained by contacting Aramark’s Investor Relations department through its website at www.aramark.com. These factors should not be construed as exhaustive and should be read in conjunction with the other caveats included herein and in our other filings with the SEC. Due to these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by us or on our behalf. Forward-looking statements speak only as of the date they are posted. We assume no obligation to update or publicly review any forward-looking statement, whether as a result of new information, future developments, changes in our expectations or otherwise, except as required by law.

See the source version on businesswire.com: https://www.businesswire.com/news/home/202111011005365/en/

CONTACT: Media inquiries:

Debbie albert

Alb[email protected]

Investor Inquiries:

Felise Kissell

[email protected]

215-409-7287

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: OTHER HEALTH SPORTS RESTAURANT / BAR OTHER RETAIL TRADE OTHER SPORTS DESTINATIONS CONTINUE FOOD / DRINK TRAVEL UNIVERSITY EDUCATION RETAIL TRADE HEALTH

SOURCE: Aramark

Copyright Business Wire 2021.

PUB: 10/11/2021 9:05 am / DISC: 10/11/2021 9:06 am

http://www.businesswire.com/news/home/202111011005365/en



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