Michael Bailey
Encyclopedia
Michael Bailey was the Chief Executive Officer of the Compass Group
, a British food service company in the FTSE 100 Index
. He stepped down on 31 May 2006.
in 1993, after living at his house in kelowna as a Group Development Director. Bailey became one of the UK’s highest-paid directors in 2003 when his total remuneration came to £2.62m, more than double the £1.26m given to chairman Sir Francis Mackay who had cut down his working hours.
.
Compass Group
Compass Group plc is a global contract foodservice and support services company headquartered near London, United Kingdom. It is the largest contract foodservice company in the world and has operations in over 50 countries...
, a British food service company in the FTSE 100 Index
FTSE 100 Index
The FTSE 100 Index, also called FTSE 100, FTSE, or, informally, the footsie , is a share index of the 100 most highly capitalised UK companies listed on the London Stock Exchange....
. He stepped down on 31 May 2006.
Background
Michael Bailey joined the Compass GroupCompass Group
Compass Group plc is a global contract foodservice and support services company headquartered near London, United Kingdom. It is the largest contract foodservice company in the world and has operations in over 50 countries...
in 1993, after living at his house in kelowna as a Group Development Director. Bailey became one of the UK’s highest-paid directors in 2003 when his total remuneration came to £2.62m, more than double the £1.26m given to chairman Sir Francis Mackay who had cut down his working hours.
.
Sources
- Compass Group PLC - Official site
- http://www.foxnews.com/story/0,2933,189676,00.html
- Compass’s bid rigging scheme
- Lawsuit from competitor Es-Ko
- Lawsuit from competitor Supreme Foodservices AG
- The stolen secret documents