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TOP NEWS: Compass Hires Former Ferguson CEO As New Chair

Tue, 18th Aug 2020 07:59

(Alliance News) - Contract caterer Compass Group PLC on Tuesday said it has appointed Ian Meakins as non-executive chair.

Meakins was previously chief executive of plumbing and heating products firm Ferguson PLC - formerly Wolseley PLC - Finablr PLC's Travelex and Alliance Unichem. He was senior independent director at Centrica PLC and a non-executive director at O2.

Meakins will joint the Compass board on September 1 and take over as chair at the start of December when Paul Walsh steps down.

It was announced in January that Walsh would step down as chair and a director and would not seek re-election at the 2021 annual general meeting.

"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. Compass is a world class business and it has been a privilege to serve as its chairman," said Walsh.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Finablr shares suspended as it warns it could go bust

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