Compass Group names Ian Meakins as non-executive chairman
Compass Group
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16:35 19/04/24
Food services company Compass Group tapped former Ferguson chief executive Ian Meakins for the role of non-executive chairman on Tuesday.
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Meakins, who will replace outgoing chairman Paul Walsh, will join Compass' board on 1 September before taking over as chairman on 1 December.
Prior to joining Ferguson, Meakins also served as CEO at Travelex and Alliance Unichem.
Walsh said: "After almost seven years as chairman, with a strong and well-established chief executive in place, it is the right time for me to step down.
"Ian has deep experience of B2B and B2C companies and is an outstanding choice to succeed me."
As of 0920 BST, Compass shares were down 0.084% at 1,190.0p.