Consumer >> CEO Interviews >> August 27, 2001

Compass Group Plc. (cpg.l)

MICHAEL J BAILEY was appointed Group Chief Executive in July 1999. He joined Compass Group in 1992 as Group Development Director and was responsible for establishing New Famous Foods, the Groups branded food service subsidiary. He was a key member of the Compass Group team that led the buyout of Canteen Corporation from Flagstar. From 1994 to 1999, Mr. Bailey was Chief Executive of the North American Division during which time the division almost trebled its sales and profits. From 1964 to 1991, he was with Gardner Merchant progressing from Food Service Manager to Managing Director of its $750 million contract feeding business in the UK. In 1985, he was appointed President of Gardner Merchants US subsidiary and over the next six years grew the business from $40 million to $225 million through a series of acquisitions and organic growth. Mr. Bailey then joined Nutrition Management Food Services Company in 1991 as Executive Vice President returning to the U.S.A. He has been in the contract food business since 1964 and is a graduate of Westminster College London. He has also attended a number of business classes at both Oxford and Manchester Universities and is a Fellow of the Hotel and Catering International Management Association. Profile
TWST: Could we begin with a brief history and overview of Compass Group?



Mr. Michael Bailey: The companies that founded Compass Group were first established in 1941 although many of the