Compass Group chairman to step down
Compass Group said on Monday that Paul Walsh plans to step down as chairman "to focus on his other business interests".
Compass Group
2,234.00p
16:20 26/04/24
FTSE 100
8,142.24
16:20 26/04/24
FTSE 350
4,471.00
16:20 26/04/24
FTSE All-Share
4,424.37
16:20 26/04/24
Travel & Leisure
7,589.37
16:20 26/04/24
Walsh, who will stay on in the role until a successor is appointed, will not seek re-election at the 2021 annual general meeting.
Walsh said: "It has been a privilege to serve for the last six years as chairman of Compass, which is a world-class business and a true British success story on the global stage. We have a strong and well-established chief executive in place and I will work to ensure a seamless transition to my successor as chairman."
The catering company said the search for Walsh’s successor will be led by senior independent director John Bason.