Who owns Sodexo
Posted: Tue Feb 11, 2025 10:34 am
Shortly after Michel Landel became CEO, the company struck a deal with Magic Johnson and Magic Food Provisions, a subsidiary of a former NBA star. Sodexho then dropped the “h” from its name in 2007 to become Sodexo, making it easier to pronounce given its presence in many countries. It acquired a home healthcare services company, Comfort Keepers, in 2009 and partnered with two major corporations, United Coffee and Numi, in 2010. In 2011, the company partnered with the U.S. government to provide food to the U.S. Marine Corps, which it did for the next eight years. In 2018, a new CEO came on board in Denis Machuel, who eventually handed over the reins to Sophie Bellon in 2022 after the death of founder Pierre Bellon.
Both institutional and individual shareholders own Sodexo. 42.8% goes to Bellon SA, of which 72.6% car owner data belongs to Mr. and Mrs. Pierre Bellon and their children. Employees own 1.7%, while 0.6% goes to treasury shares. Individual shareholders own 3.5% of the company, French institutional shareholders 9.1% and foreign institutional shareholders 42.3%. Shareholders include Artisan Partners LP, The Vanguard Group, Inc., Harris Associates LP, First Eagle Investment Management LLC, Fiduciary Management, Inc., etc. However, the current CEO is Sophie Bellon, daughter of Pierre Bellon.
Both institutional and individual shareholders own Sodexo. 42.8% goes to Bellon SA, of which 72.6% car owner data belongs to Mr. and Mrs. Pierre Bellon and their children. Employees own 1.7%, while 0.6% goes to treasury shares. Individual shareholders own 3.5% of the company, French institutional shareholders 9.1% and foreign institutional shareholders 42.3%. Shareholders include Artisan Partners LP, The Vanguard Group, Inc., Harris Associates LP, First Eagle Investment Management LLC, Fiduciary Management, Inc., etc. However, the current CEO is Sophie Bellon, daughter of Pierre Bellon.