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Compass CEO Richard Cousins dies in plane crash

01 January 2018 by
Compass CEO Richard Cousins dies in plane crash

Compass group chief executive Richard Cousins has died in a seaplane accident near Sydney, Australia.

The catering giant confirmed that 58-year-old Cousins had died alongside four members of his family in the tragic accident.

He was with his two sons, fiancé and her daughter returning from a restaurant in Jerusalem Bay on New Year's Eve when the sight-seeing seaplane went down in the Hawkesbury River, near the suburb of Cowan.

The crash killed all six occupants of the seaplane, including the pilot.

Compass Group 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.

"It has been a great privilege to know Richard personally and to work with him for the last few years. Richard was known and respected for his great humanity and a no-nonsense style that transformed Compass into one of Britain's leading companies."

Cousins was appointed group chief executive of Compass in 2006, following six years as CEO of building materials company BPB. He was due to step down as chief executive in March and retire from the group in September.

It was announced in September 2017 that Dominic Blakemore, chief operating office Europe, would be appointed deputy chief executive of Compass in preparation to replace Cousins in March.

As Compass group chief executive Cousins had been credited with significantly growing the business worldwide, particularly in North America. Results for the year to 30 September 2017 revealed a turnover of £22.9b with a 15% increase in profits.

Compass Group chief executive Richard Cousins to retire >>

Richard Cousins on how he and his team reversed Compass's ailing fortunes >>

Caterer and Hotelkeeper 100: Richard Cousins, Compass Group >>

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