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Share Name Share Symbol Market Type Share ISIN Share Description
Compass Group LSE:CPG London Ordinary Share GB00BD6K4575 ORD 11 1/20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +3.50p +0.20% 1,719.00p 1,722.00p 1,722.50p 1,727.00p 1,714.50p 1,717.00p 2,746,836 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 22,964.0 1,520.0 71.0 24.2 27,267.31

Re-Election of Compass Group's Ireena Vittal Creates Unease

08/02/2019 12:29pm

Dow Jones News


Compass Group (LSE:CPG)
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3 Months : From Jan 2019 to Apr 2019

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By Carlo Martuscelli

 

Shareholders expressed their reluctance to re-elect Ireena Vittal to the board of Compass Group PLC (CPG.LN) at the company's annual general meeting held on Thursday.

The contract-food-service company announced the results of the meeting on Friday. While all resolutions were passed, Ms. Vittal had 22.4% of votes cast against her reassuming her position as nonexecutive director.

The company commented on the vote saying that it stood behind her.

"Over the last 12 months Ms. Vittal has reduced the number of nonexecutive roles held and the board believes that she continues to discharge her role at Compass Group PLC effectively," it said.

Compass Group said it will engage with shareholders and discuss any concerns about her presence on too many company boards. According to the company website, Ms. Vittal currently sits on the board of Godrej Consumer Products Ltd., WIPRO Ltd., The Indian Hotels Company Ltd., Titan Company Ltd. and Cipla Ltd.

 

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

February 08, 2019 07:14 ET (12:14 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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