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Compass Group CEO Richard Cousins to step down

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Compass Group CEO Richard Cousins to step down

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(Reuters) – Compass Group Plc <CPG.L>, the world’s biggest catering firm, said Richard Cousins would step down as chief executive effective March 31 and would be succeeded by Dominic Blakemore, currently chief operating officer for Europe. Compass, which serves around 5 billion meals each year in more than 50 countries, said Blakemore would become deputy chief executive on Oct. 1 and take over the top position on April 1. Cousins, 58, who became CEO in 2006, will retire from the group on Sept. 30, 2018.

(Reporting by Arathy S Nair in Bengaluru; Editing by Amrutha Gayathri)
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