Directorate Change

RNS Number : 3395F

Compass Group PLC

08 October 2008

 



8 October  2008

COMPASS GROUP PLC

BOARD AND BOARD COMMITTEE CHANGES

Compass Group PLC announces that Tim Parker will rejoin the Board as a Non Executive Director on 1 November 2008 (as well as the Audit and Remuneration Commitees) and that Sven Kado, a Non Executive Director, will retire from the Board with effect from the Annual General Meeting to be held on 5 February 2009 at which he will not seek re-election. Sven Kado is currently a member of both the Audit and the Remuneration Committees.

Sir Roy Gardner, Chairman, commented: 'Sven will be retiring from the Board in his seventh year as a non-executive director. The Board is grateful to Sven for the invaluable contribution that he has made to Compass over the years and we wish him well in the future. We welcome back Tim Parker to the Board, following his retirement from the position of First Deputy Mayor of London, which he assumed in May of this year and look forward to benefiting from Tim's invaluable business experience.'

Tim Parker said: 'It was a significant disappointment that I had to retire from the Compass Board in May. I am, however, delighted to have been invited to rejoin the Board now that I am able to do so. I look forward to working with the Board once more.'

In addition, and with effect from 1 November 2008, Susan Murray and Richard Cousins will join the Nomination Committee and Susan Murray will succeed Sir Roy Gardner as chairman of the Corporate Responsibility Committee. With effect from 1 November 2008 the Nomination Committee will comprise Sir Roy Gardner (Chairman), Sir James Crosby, Richard Cousins, Susan Murray and Sir Ian Robinson and, from the same date, the Corporate Responsibility Committee will comprise Susan Murray (Chairman), Sir Roy Gardner, Steve Lucas, Richard Cousins, Jane Kingston, Andrew Martin and Mark White. From 1 November 2008 the Remuneration Committee will comprise Sir James Crosby (Chairman), Sven Kado, Steve Lucas and Tim Parker and the Audit Committee will comprise Steve Lucas (Chairman), Sven Kado, Tim Parker and Sir Ian Robinson.

ENDS

Enquiries:

Compass Group PLC

[phone]

Investors/Analysts: Mark J White, General Counsel & Company Secretary

Media: Chris King, Group Head of Media Relations

Tim Parker was a Non Executive Director of the Company from 17 April 2007 to 23 May 2008 when he was appointed as First Deputy Mayor of London, a position from which he recently retired. Tim was Chief Executive of the AA from 2004 until 2008 and a Non Executive Director of Boots Group plc until its merger to become AllianceBoots plc.

There are no matters which require disclosure in respect of Mr Parker in accordance with LR 9.6.13 (2) to (6).

Compass Group is the world's leading foodservice company. We specialise in providing food, vending and related services on our clients' premises and we generated annual revenues of around £10.3 billion in the year to 30 September 2007. The company operates across the following core sectors of Business and Industry (B&I), Defence, Offshore & Remote Site, Healthcare, Education, Sports & Leisure and Vending with an established brand portfolio. For more information visit www.compass-group.com.

 

END

 

 

BOADVLBBVBBXFBX