4th Oct 2021 09:27
Compass Group PLC - Chertsey, Surrey-based contract caterer - Karen Witts will step down as chief financial officer and a company director on October 31. The decision was "mutually agreed" with the board, Compass says. Commerical Director Palmer Brown will become CFO from November 1. Brown joined Compass in 2001 and served as interim CFO during 2018 and 2019. Chair Ian Meakins says Witts, who joined Compass in April 2019, made a valuable contribution during the past 18 months of pandemic, which has hit the catering business badly, leaving the company in "strong financial health".
Current stock price: 1,547.00 pence, down 0.7% on Monday
Year-to-date change: up 14%
By Tom Waite; [email protected]
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