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SDX Sodexho Alliance Ads

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Sodexho Announces Executive for Risk Management for North America

15/05/2006 6:55pm

PR Newswire (US)


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GAITHERSBURG, Md., May 15 /PRNewswire-FirstCall/ -- Sodexho (NYSE:SDX), the leading provider of food and facilities management services in North America, announced today the appointment of Peter B. Rosiere as Corporate Vice President for Risk Management, reporting to Thierry Amat, Senior Vice President & Chief Financial Officer, with responsibility for the U.S., Canada, Mexico and Universal Sodexho (remote sites management division). Rosiere brings significant financial experience from several industries to his new position at Sodexho, including Sarbanes-Oxley related matters and in captive insurance company management with his prior employer. Rosiere was Vice-President, Risk Management at R.R. Donnelley & Sons Company in Chicago, Illinois before joining Sodexho in April. At R.R. Donnelley, Rosiere was in charge of global risk management, which included strategic co-leadership for Enterprise Risk Management, accountability for all forms of risk, insurance procurement strategy, loss control, claims management, captive management and Sarbanes Oxley. Prior to R.R. Donnelley, Peter served as a Corporate Risk Manager at Stepan Company in Northfield, Illinois and as Specialist, Insurance Administration at Amoco Corporation in Chicago. Rosiere also served as an underwriter for one of the key global reinsurance divisions of Allstate Reinsurance in South Barrington, Illinois. At Sodexho, Rosiere will be responsible for integration of the company's various risk management areas, including risk transfer, claims, physical safety and food safety. He will manage approximately 40 managers in his area of responsibility. Rosiere's priorities will be minimizing the company's overall cost of risk while improving the efficiency and effectiveness of operational support services. "Sodexho's decentralized operational structure is vitally important to the excellent and customized service we provide to our clients, but it means we face risk management challenges," said Amat. "Peter's extensive experience with large and complex companies will be key to us as we integrate key functions and continue to make compliance and customer safety our core focus." Rosiere received his BA, International Studies from Bradley University; his MA, International Trade and MBA from SUNY in Buffalo, New York. Rosiere and his wife, Louise, will be relocating to the DC metro area from Chicago this summer. Sodexho, Inc. (http://www.sodexhousa.com/) is the leading provider of food and facilities management in the US, Canada and Mexico, with $6.3 billion in annual revenue and 120,000+ employees. Sodexho, Inc. offers innovative outsourcing solutions in food service, housekeeping, grounds keeping, plant operations and maintenance, asset management, and laundry services to more than 6,000 corporations, health care, long term care and retirement centers, schools, college campuses, military and remote sites throughout North America. Headquartered in Gaithersburg, MD, Sodexho, Inc. proudly serves as the official food service provider for the US Marine Corps. DATASOURCE: Sodexho, Inc. CONTACT: Jaya K. Bohlmann of Sodexho, Inc., +1-301-987-4550, Web site: http://www.sodexhousa.com/

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