Michael Bailey (businessman)
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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.
Background
Michael Bailey joined the Compass Group 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.[citation needed]He was part of a group that acquired Alladin Food Service in 2009. .
External links
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