Compass Appoints Palmer Brown As CFO Designate, To Succeed Karen Witts - Quick Facts

Food service company Compass Group (CPG.L,CMPGF.PK) announced Monday the appointment of Palmer Brown as Chief Financial Officer Designate and a Director with immediate effect.

Brown succeeds Karen Witts, who has mutually agreed with the Board to step down as Chief Financial Officer and as a Director of the company with effect from October 31.

Brown will assume the CFO role with effect on and from November 1 and will also join the Corporate Responsibility Committee.

He is currently Compass' Group Commercial Director and served as Interim CFO for a period from 2018 to 2019. He joined Compass in 2001 and held a variety of senior finance, strategy and legal positions.

Dominic Blakemore, Compass Group's Chief Executive Officer , said, "Palmer has contributed to the success of Compass over many years and his commercial and financial skillset and his deep knowledge of the Group are ideally suited to our next phase of development and growth."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ford Motor Co. has once again raised the price of its popular F-150 Lightning electric pickup truck after the automaker resumed its production that was halted following electric vehicle battery fire incident. The company will also resume shipments of the Lightning this week, reports said. Paducah, Kentucky-based Higdon Outdoors LLC is recalling certain battery packs and replacement batteries citing fire and/or burn hazards, the U.S. Consumer Product Safety Commission said. The recall includes lithium-ion battery packs and replacement batteries on XS Series Pulsators, Swimmers, Crazy Kicker, and Flasher motion decoys used for waterfowl hunting. New York-based Delta Enterprise Corp. is recalling about 43,380 units of 2-in-1 outdoor kids swings citing fall hazard, the U.S. Consumer Product Safety Commission said. This recall involves 2-in-1 Outdoor Kids Swing with model numbers SW86508MM, SW86516MN, SW86575MM, SW86576MN and SW86577PW.
Follow RTT