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Sodexo Management, Inc. history
Sodexo Management, Inc. company history timeline
Before Marriott, the Colleges’ dining services were provided by the Saga Corp., a food service company that was created on campus in 1948 by three Hobart students, including William Scandling ’49.
1967: Sodexho wins its first contract in the “multiservice” market with the CNES in French Guiana.
1971: Sodexho serves its first school meals during a year when the company also won contracts in companies and government services.
1983: Sodexho is listed on the Paris stock exchange.
After an initial public offering on the Paris Bourse in 1983, the firm continued its expansion into North America, South America, Japan, South Africa, and Russia.
1987: Sodexho acquires the Bateaux Parisiens and officially launches the Sports & Leisure segment (now Sodexo Live!).
1988: For the first time, Sodexho provided food services for all the athletes, staff and journalists at the Calgary Olympics.
1995: Sodexo acquires Gardner Merchant and Partena to become the world’s biggest food services company.
1996: Sodexho launches Stop Hunger, a program that affirms the company’s commitment toward the fight against hunger.
It was called the Marriott Corp. until 1998, when Sodexo, then called Sodexho, merged with Marriott.
In 1998, Sodexo merged with Marriott Management Services, at the time one of the largest food services companies in North America.
Since 2000, Good Jobs First, a subsidy and work violation tracker, reported over $103 million has been paid in penalties by Sodexo.
In 2000 Sodexho Alliance became the leader in remote site management after a merger with Universal Ogden Services.
Sodexo used to invest in private prisons in the United States, notably through the Corrections Corporation of America (now CoreCivic), but sold its stock in 2001 following widespread college protests.
In 2002, Wood Dining Services (the former food provider for the university) was bought out by Sodexo.
In 2002, Sodexo was listed on the New York Stock Exchange.
After many of the company’s African American employees claimed to be “routinely barred from promotions and segregated in their company” in a 2005 lawsuit, Sodexo paid $80 million to settle.
In 2005, Michel Landel was appointed Chief Executive Officer, succeeding Pierre Bellon, who continues as Chairman of the Board of Directors.
2006: The ambition to “Become the global expert in quality of life services” was launched.
Since September 2007, its United States operations have been headed by President and CEO George Chavel, who replaced Richard Macedonia.
In 2007, Sodexo launched its catering arm in United Kingdom schools, using the brand name “For you…”.
2008: Sodexho becomes Sodexo.
2008: Sodexo becomes the Brazilian leader of vouchers and card services through the acquisition of VR and makes further acquisitions in several markets including Zehnacker, doubling Sodexo’s presence in Germany and making Sodexo the number one provider of services to the German healthcare market.
In 2010, Sodexo ranked number 1.
Sodexo entered into two new partnerships in 2010: the first one with United Coffee, who will supply Sodexo with machines as well as fair-trade certified coffees; the other one with Numi, from which Sodexo has selected 100% organic teas.
2011: Sodexo becomes the number one on-site services provider in Brazil, Russia, India and China in the same year as acquiring Lenôtre, one of the greatest names in French cuisine, strengthening Sodexo’s gastronomic expertise in Paris and worldwide.
In 2012, Sodexo’s frozen strawberries were found to be the cause of a serious outbreak of food poisoning in Germany that affected more than 11,000 children.
In 2013, a female prisoner in one of Sodexo’s UK prisons sued the company for denying her proper healthcare following a miscarriage.
In 2013, facilities run by Sodexo in England found horse DNA in their beef.
2013: Sodexo acquires Roth Bros in the United States, MacLellan in India and Atkins in the UK in the same year as deploying a global technical expertise platform.
An article in The Independent reported that inmate Natasha Chin was found unresponsive in her cell in 2016 at the Sodexo-operated prison HMP Bronzefield; her death was attributed to “medical neglect” on the coroner’s report.
2016: Sophie Bellon becomes Chairwoman of the Board of Directors, succeeding her father, Pierre Bellon, who is now Chairman Emeritus.
2018: The Sodexo Board of Directors names Denis Machuel to succeed Michel Landel as Chief Executive Officer and Chairman of the Executive Committee.
2021: Sophie Bellon becomes Interim Chief Executive Officer in addition to Chairwoman of Sodexo’s Board of Directors.
2022: On January 31 Sodexo’s Founder and Chairman Emeritus, Pierre Bellon, passes away aged 92.
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Sodexo Management, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| CMS Hospitality | 1983 | $3.8M | 24 | - |
| BlueOwl | - | $2.3B | 375 | 42 |
| Soup | 2007 | $250,000 | 5 | - |
| Cat Daddy Games | 1991 | $7.1M | 82 | 2 |
| Macdonald & Company | - | $470,000 | 50 | 29 |
| Levee | - | $710,000 | 25 | - |
| Ess | - | $59.0M | 1,260 | 68 |
| Sodexo Remote Sites USA Inc | 2000 | $34.3M | 811 | - |
| Industrial Revolution | 1971 | $2.2M | 15 | - |
| Aramark | 1936 | $13.5B | 215,000 | 8,573 |
Sodexo Management, Inc. history FAQs
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Sodexo Management, Inc. may also be known as or be related to Sodexo, Sodexo Management, Sodexo Management Inc, Sodexo Management, Inc. and sodexo.