Dominic Blakemore, who is currently Chief Operating Officer Europe, will become Deputy Chief Executive Officer on 1 October 2017 and will work closely with Cousins during the next six months to ensure a smooth transition. He will take over as Group CEO on 1 April 2018.
Cousins has held the position of Group CEO at Compass since 2006.
Paul Walsh, Compass Group’s Chairman, commented: “It has been a pleasure to work with Richard and on behalf of the Board I want to thank him for his extraordinary contribution to the Group. In the past 11 years Richard has transformed Compass into an industry leading organisation that delivers excellent food services to our clients, attracts and develops great people and generates significant returns for our shareholders.
“Dominic’s appointment is the result of a rigorous succession process. Dominic joined Compass Group in 2012 and has already contributed significantly to the Group as CFO for four years and for the past two years as Chief Operating Officer Europe. Dominic has the leadership skills combined with the industry and operational experience to build on the Group’s strong track record, and as CEO to lead Compass to continued future success.”