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.
Neubauer to Step Down as Aramark Chair
President/CEO Eric Foss will assume comany's board chairmanship next February following annual shareholder meeting.