Recognizing Mr. Jeremy M. Jacobs for His Outstanding Business and Philanthropic Accomplishmentsby Representative Chris Collins
Posted on 2015-01-07
of new york
in the house of representatives
Wednesday, January 7, 2015
Mr. COLLINS of New York. Mr. Speaker, today I rise to honor Mr.
Jeremy M. Jacobs, an outstanding businessman and philanthropist from
East Aurora, New York. Mr. Jacobs will step aside as CEO of Delaware
North, a global food service and hospitality company headquartered in
Buffalo, New York, where he has worked since 1968.
Mr. Jacobs took over what was then called Sportservice, at the age of 28, after the death of his father who helped start the company in 1915. During his time as CEO, Mr. Jacobs transformed the company from selling popcorn at local movie theaters into a business with over $3 billion in annual revenue. Delaware North currently ranks number 169th on the Forbes list of largest privately held companies in the United States.
Mr. Jacobs is also recognized by Forbes for his philanthropic endeavors working with the United Way, the Boys and Girls Clubs of America, and is an active member of the Jeremiah Milbank Society. In 2008, he generously donated $10 million to the University at Buffalo associated with the Gates Vascular Institute to support research on the causes, treatment, and prevention of heart and vascular diseases.
Mr. Jacobs' contributions to Western New York have had an everlasting impact on the region and I look forward to seeing what endeavors Mr. Jacobs undertakes next.