Sodexo: Belinda Oakley to Lead Sodexo Live! Globally
This appointment is part of a broader leadership movement at the top of Sodexo: it follows the proposal of Nathalie Bellon-Szabo for the chairmanship of the group's Board of Directors. It will take effect on December 17, 2026.
Belinda Oakley has been Chief Executive Officer of Sodexo Live! for North America since joining Sodexo in January 2023. The group presents this market as the largest of the division. She oversees 15,000 employees across 130 sites in the United States and Canada.
Under her leadership, Sodexo Live! renewed its partnership with the Seattle Mariners for 25 years. The division also won contracts with the Florida Panthers at the Amerant Bank Arena and for the new Nissan Stadium of the Tennessee Titans. It also managed the hospitality services for Super Bowl LIX.
Her career spans 25 years in contract and franchised food services in Australia, the United Kingdom and the United States. After leading the business services division of Benugo in the United Kingdom, she spent eight years at Compass Group, including five as head of Chartwells K12 School Dining.
A Dual Role Under the Authority of Thierry Delaporte
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Belinda Oakley will retain her role as Chief Executive Officer of Sodexo Live! North America, in addition to her global responsibilities. She will report to Thierry Delaporte, Chief Executive Officer of Sodexo, and will join the group's Executive Committee.
The proposed appointment of Nathalie Bellon-Szabo as Chair of the Board remains subject to the renewal of her term as a director at the General Meeting on December 16, 2026. Thierry Delaporte thanked her "for her work at the helm of Sodexo Live!, which, in just a few years, has become one of Sodexo's main growth drivers".
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Context
Period
Period: FY2026
Key reported figures
Revenue: 23 963 millions d'euros
Revenue growth: -0,5 %
Net income: 304 millions d'euros
Free cash flow: 379 millions d'euros
2 872 millions d'euros
Guidance from the release
Résultats de l'exercice 2026 : croissance interne au-dessus des objectifs ; perspectives confirmées pour l'exercice 2027
Risks mentioned
Facteurs opérationnels pesant sur la marge tout au long de l'exercice
Enjeux d'exécution opérationnelle marqués en Amérique du Nord
Baisse de l'EBITDA reflétant les charges et provisions liées à la revue des contrats et actifs
Opportunities identified
Contrat mondial avec Meta montant progressivement en puissance au cours de l'exercice 2027
Croissance interne soutenue en Reste du Monde (+9,7%), notamment en Inde, Australie et Brésil
Santé & Séniors enregistre une forte croissance portée par la montée en puissance de nouveaux contrats
Outlook / guidance
Expected revenue: 24 562 millions d'euros
Management commentary: Sodexo confirme les perspectives pour l'exercice 2027 présentées lors de son Investor Update de juillet 2026 : une croissance interne du chiffre d'affaires comprise entre +2% et +3% ; une marge d'exploitation globalement en ligne avec les 3,4% atteints sur l'exercice 2026, reflet de la poursuite des investissements visant à renforcer les capacités et à restaurer la compétitivité
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
