Neubauer to Step Down as Aramark Chair

President/CEO Eric Foss will assume comany's board chairmanship next February following annual shareholder meeting.

Joseph Neubauer is stepping down as chairman of Aramark effective at the conclusion of the company's annual meeting of shareholders next February 3. He will be succeeded by current President/CEO Eric Foss. Neubauer, 73, had held Aramark's chairmanship for 30 years, through a series of ownership transitions that saw the firm go from publicly to privately held and back several times, most recently in 2013, when it again  became a publicly held company.

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TAGS: Aramark
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