aramark
Aramark Executive Javid Baig Named Conti Professor in the Penn State School of Hospitality Management
School of Hospitality Management | December 17, 2019
The Penn State School of Hospitality Management has named Javid Baig, senior vice president and chief client offer, North America at Aramark, as the 2019-20 Walter J. Conti Visiting Professor. The Conti Professorship Program was established by alumni and friends of the Penn State School of Hospitality Management in 1987 to honor alumnus Walter J. Conti for his contributions to the school, Penn State and the hospitality profession. Industry leaders have served as Conti Visiting Professors each year since 1988. As a Conti Visiting Professor, Baig will teach and advise students and faculty members in their fields of study or areas of expe...
Aramark Completes Purchase of Avendra for $1,350 Million
Marriott | December 12, 2017
Marriott International (NASDAQ: MAR) today announced that the owners of Avendra, LLC have completed the sale of Avendra to Aramark (NYSE: ARMK) for $1,350 million. After redemption of management participation rights, transaction costs, and repayment of Avendra's outstanding debt, Avendra's founding shareholders – Marriott, Hyatt, Accor, ClubCorp and IHG – received $1,201 million in cash proceeds from the transaction. Marriott received $659 million for its 55 percent interest in Avendra. In addition, in conjunction with the sale of Avendra, Marriott has entered into a 5-year procurement service agreement with Aramark on behal...
New Campus Project to Be Used by Hotel Professionals for Training and Education Available in Volterra, Tuscany
SIAF The Learning Village in Tuscany | May 16, 2016
Dr. Frederico J. DeMicco, Aramark Chaired Professor of Hospitality Business Management at the University of Delaware (UD), has been named President of International Academics at The Learning Village in Tuscany, part of the Scuola Internazionale Di Alta Formazione (SIAF) Campus (www.siafvolterra.eu). In his role Dr. DeMicco will continue to inform faculty and help coordinate their programming in educational, research and service activities in Tuscany and around Italy. In addition, he will help the Foundation for the Bank of Volterra develop a consortium of other University partners around the US and the world to join UD in educational an...
