Compass Group has somewhat surprisingly this morning announced they and Karen Witts have mutually agreed to terminate her role as Compass’ Chief Financial Officer. Witts will step down and as CFO and Director of the group October 31.
An immediate replacement has also been announced in Palmer Brown as Chief Financial Officer Designate and Director of the group with immediate effect.
Brown is to adopt the Chief Financial Officer role with full effect 1 November, additionally joining Comapss’ Corporate Responsibility Committee.
Palmer Brown currently enjoys the role of Group Commercial Director, having held a wide range of senior finance and strategic responsibilities.
Compass CEO, Dominic Blakemore said of the change: “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.”
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Hospitality & Catering News: Compass surprise market with announcement of mutually agreed departure of CFO. – 4 October 2021 – Compass surprise market with announcement of mutually agreed departure of CFO.
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