Sodexo SA history, profile and corporate video
Sodexo SA is a facilities management company specializing in providing foodservices to institutions, businesses, schools and hospitals. The company provides services through three categories: On-site service solutions, Benefits and Rewards Services, and Personal and Home services. It designs, manages and delivers comprehensive on-site service solutions for its clients with services that range from reception to the maintenance of scanners and laboratory equipment, foodservices to construction management, management of data centers to leisure cruises, and housekeeping to rehabilitation services at correctional facilities. These solutions are available in eight client segments: corporate, defense, justice, remote sites, health care, seniors, education, and sports and leisure. The company designs and deploys personal and home solutions through four main service categories: childcare; tutoring, lifelong training; concierge services; and senior care. Through these solutions, Sodexo contributes to the development of children, teenagers, adults and seniors. The company, in partnership with public and private organizations, designs, manages and delivers motivation solutions that fall into three service categories: Employee Benefits, to attract and create loyal, committed employees; Incentives and Recognition, to help organizations reach their qualitative and quantitative objectives; and Public Benefits, to manage and control the distribution of aid and public subsidies. Sodexo’s offerings range from self-service food services that include staff restaurants, catering, executive dining, vending, and meal delivery. The company provides its services to many sectors including private corporations, government agencies, schools from elementary through university, hospitals and clinics, assisted-living facilities, military bases, and correctional facilities. It was founded by Pierre Bellon in 1966 and is headquartered in Issy-les-Moulineaux, France.“
The company was launched in 1966 by Pierre Bellon (Chairman) in Marseille, France, initially serving company restaurants, schools and hospitals under the name Société d’Exploitation Hotelière (English: Hotel Services Corporation). Today Sodexo is on the Fortune Global 500 list and the second largest employer among all French multi-national corporations.
Throughout the 1970s, the company expanded in France and internationally; first in Belgium, then Africa, and finally the Middle East. 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.
Between 1995 and 2001, Société d’Exploitation Hotelière’s holding company changed its name to Sodexho Alliance, and the company forged alliances with Gardner Merchant,Partena, Sogeres, Wood Dining Services and Universal Ogden Services. In 2000 Sodexho Alliance became the leader in remote site management after a merger with Universal Ogden Services.
In 1998, Sodexo merged with Marriott Management Services, at the time one of the largest food services companies in North America. Included in the merger was a name change to Sodexho Marriott Services. The merger helped the company become one of the largest food services providers in America.
In 2002, Sodexo was listed on the New York Stock Exchange.
In 2005, Michel Landel was appointed Chief Executive Officer, succeeding Pierre Bellon, who continues as Chairman of the Board of Directors.
In the summer of 2006, the company made headlines for concluding a deal with retired NBA Hall of Famer and entrepreneur, Earvin Magic Johnson and Magic Food Provisions, a subsidiary of Magic Johnson Enterprises. The initiative includes a marketing agreement and the formation of SodexoMAGIC, LLC, a new joint venture that is 51 percent owned by Johnson.
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…”.
The DiversityInc Top 50 Companies for Diversity is the leading assessment of diversity management in corporate America and globally. In 2010, Sodexo ranked number 1. According to the report, Sodexo “has led every other company in its ability to implement measure and assess strong internal diversity initiatives”
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.
In 2011, Sodexo entered an 8-year contract with the American government, by which the company commits itself to provide food services to 31 United States Marines Corps mess halls.”
*Information from Forbes.com and Wikipedia.org
**Video published on YouTube by “SodexoChannel“