PHILADELPHIA, PA (February 19, 2016) – Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms, announced today that it has been named to FORTUNE magazine's 2016 List of World’s Most Admired Companies. Aramark ranked No. 1 among peers in the Diversified Outsourcing Services industry. The annual survey, conducted by FORTUNE and the Hay Group division of Korn Ferry, a global people and organizational advisory firm, is given to top executives, directors and financial analysts, to identify the companies that enjoy the strongest reputations within their industries and across industries.
Within its category, Aramark ranked in the top three in all of the nine key criteria by which companies are evaluated, including being rated No. 1 for:
- Social responsibility
- Global competitiveness
"We are proud to once again be recognized by FORTUNE for our commitment to innovation, quality and service excellence,” said Eric J. Foss, Chairman, President and CEO of Aramark. “This honor is a testament to our 270,000 dedicated associates around the world who sell and serve with passion, enriching and nourishing the lives of millions of people every day where they work, learn, recover and play.”
FORTUNE's World's Most Admired Companies list is the definitive report card on corporate reputations. Hay Group has collaborated with FORTUNE annually since 1997 to identify, select and rank the World’s Most Admired Companies and uncover the business practices that make these companies highly regarded among their peers. To compile the rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global competitiveness.
With a diverse client portfolio - from leading universities and school districts, to healthcare institutions, municipalities, stadiums and arenas, and businesses in 21 countries – Aramark has consistently been named among FORTUNE’s “World’s Most Admired Companies” since 1998.
The World’s Most Admired Companies list can be found on the FORTUNE website. For more information on how the rankings are determined, please view the full methodology on Korn Ferry’s website.
Aramark (NYSE: ARMK) is in the customer service business across food, facilities and uniforms, wherever people work, learn, recover, and play. United by a passion to serve, our 270,000 employees deliver experiences that enrich and nourish the lives of millions of people in 21 countries around the world every day. Aramark is recognized among the Most Admired Companies by FORTUNE and the World’s Most Ethical Companies by the Ethisphere Institute. Learn more at www.aramark.com or connect with us on Facebook and Twitter.
About Korn Ferry
Korn Ferry is the preeminent global people and organizational advisory firm. We help leaders, organizations, and societies succeed by releasing the full power and potential of people. Our nearly 7,000 colleagues deliver services through our Executive Search, Hay Group and Futurestep divisions. Visit kornferry.com for more information.
FORTUNE is a global leader in business journalism known for its unrivaled access to industry leaders and decision makers. Founded in 1930, FORTUNE magazine has a worldwide circulation of more than 1 million and a readership of nearly 5 million and is the only business brand with editions in Europe and Asia, including a Chinese-language edition. FORTUNE is home to some of the strongest business franchises, including: FORTUNE 500, Best Companies, World's Most Admired Companies, Fastest Growing Companies and Most Powerful Women. The FORTUNE Conference Division extends the brand's mission into live settings, hosting a wide range of annual conferences for top-level executives, including the FORTUNE Global Forum and the Most Powerful Women Summit. FORTUNE's online home is fortune.com, the world's largest dedicated business and finance Web site.