Compass Group Confirms Death of Group CEO Richard Cousins -- 2nd Update

By WSJ StaffFeaturesDow Jones Newswires

Compass Group PLC (CPG.LN) confirmed on Monday that group Chief Executive Richard Cousins and four members of his close family died in a plane crash in Australia a day earlier.

In a news release, the contract food service, cleaning, property management and support services company's chairman, Paul Walsh, said: "We are deeply shocked and saddened by this terrible news. The thoughts of everyone at Compass are with Richard's family and friends, and we extend our deepest sympathies to them."

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In September, the U.K.-based company said Mr. Cousins, who was 58 years old, would step down as group CEO on March 31. The company said Monday that the appointment of his successor--Dominic Blakemore, the company's CEO for Europe--would be moved up to Monday from April 1.

(END) Dow Jones Newswires

January 01, 2018 04:19 ET (09:19 GMT)