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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): NOVEMBER 3, 1999
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SODEXHO MARRIOTT SERVICES, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 1-12188 52-0936594
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
9801 WASHINGTONIAN BOULEVARD, GAITHERSBURG, MARYLAND 20878
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (301) 987-4431
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ITEM 5. OTHER EVENTS.
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On November 3, 1999, Sodexho Marriott Services, Inc. announced that
Lawrence E. Hyatt, Senior Vice President and Chief Financial Officer, submitted
his resignation effective December 17, 1999.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
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(c) The following exhibit is filed as part of this Form 8-K.
Exhibit No. Description
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99 Press release, dated November 3, 1999.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SODEXHO MARRIOTT SERVICES, INC.
Date: NOVEMBER 3, 1999 By: /s/ ROBERT A. STERN
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Robert A. Stern
Senior Vice President and
General Counsel
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INDEX TO EXHIBITS
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Exhibit No. Description
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99 Press release issued November 3, 1999, relating to
Sodexho Marriott Services, Inc.'s announcement
that Lawrence E. Hyatt, Senior Vice President and
Chief Financial Officer, submitted his resignation
effective December 17, 1999.
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[Sodexho Marriott Services, Inc. Company Logo]
FOR IMMEDIATE RELEASE
SODEXHO MARRIOTT SERVICES
CHIEF FINANCIAL OFFICER RESIGNS
GAITHERSBURG, MD., NOV. 3, 1999-Sodexho Marriott Services, Inc. (NYSE:
SDH) announced that Lawrence E. Hyatt, Senior Vice President and Chief Financial
Officer, submitted his resignation effective December 17, 1999. Mr. Hyatt
accepted a position as Executive Vice President and Chief Financial Officer of
Host Marriott Services, a subsidiary of Autogrill, SpA.
"Larry provided outstanding leadership over the last two years in
putting us on an excellent financial course for future profit growth," said
Michel Landel, President and Chief Executive Officer of Sodexho Marriott
Services. "We are grateful for the many contributions he made during his very
successful career with Sodexho Marriott Services and Marriott Management
Services."
The Company has launched a search for Mr. Hyatt's successor and has
retained an executive search firm.
SODEXHO MARRIOTT SERVICES, INC. (NYSE-SDH) IS THE LARGEST PROVIDER OF
OUTSOURCED FOOD AND FACILITIES MANAGEMENT IN NORTH AMERICA, WITH $4.5 BILLION IN
ANNUAL SALES. SODEXHO MARRIOTT SERVICES OFFERS A VARIETY OF INNOVATIVE
OUTSOURCING SOLUTIONS, INCLUDING FOOD SERVICES, HOUSEKEEPING, GROUNDS KEEPING,
PLANT OPERATIONS AND MAINTENANCE, ASSET AND MATERIALS MANAGEMENT, AND LAUNDRY TO
THE CORPORATE, HEALTH CARE, EDUCATION AND REMOTE SITE MARKETS. THE COMPANY IS
THE 52ND LARGEST EMPLOYER IN NORTH AMERICA WITH 103,000 EMPLOYEES AND ITS
HEADQUARTERS IS LOCATED AT 9801 WASHINGTONIAN BOULEVARD, GAITHERSBURG, MD.
20878.
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Contact:
Kathy Boyle
Public Relations
(301) 987-4330
Leeny K. Oberg
Investor Relations
(301) 987-4333
