Skip navigation

Compass CEO to Step Down

At FM press time, Compass Group announced that CEO Mike Bailey would resign following a profit warning that indicated the company's operating profits would be down significantly in its 2005 fiscal year. Compass also confirmed rumors that it would seek to sell off its Select Service Partner (SSP) global travel concessions unit for a reported asking price of more than £1 billion ($1.8 billion).

Register to view the full article

Please register to access this content.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.