Top CEO killed in completely new Year's Eve plane crash

richard cousins compass
Richard Cousins, 58, had run Compass Group for more than 11 years.

The CEO of one of Britain’s biggest companies and also also also four of his family members were killed in a seaplane crash in Australia on completely new Year’s Eve.

International catering firm Compass Group (CMPGF), a Global Fortune 500 company, said Monday which CEO Richard Cousins, died when the aircraft crashed in completely new South Wales.

“We are deeply shocked and also also also saddened by This specific terrible news,” Compass chairman Paul Walsh said in a statement.

Four members of Cousins’ family and also also also the pilot of the plane also died within the disaster. There were no survivors.

“The thoughts of everyone at Compass are with Richard’s family and also also also friends, and also also also we extend our deepest sympathies to them,” Walsh said.

The Australian Transport Safety Bureau has launched an investigation into the cause of the crash.

Related: Six dead in Australia seaplane crash

Compass, which reported annual revenue of £23 billion ($31 billion) for its most recent financial year, specializes in providing catering for schools, prisons and also also also multinational companies.

the idea operates in roughly 50 countries, employing more than half a million people.

Cousins, 58, had run the company for more than 11 years. He was due to step down as CEO in March and also also also retire by Compass entirely in September.

The company’s chief operating officer for Europe, Dominic Blakemore, had been named as his successor.

Compass said Monday which Blakemore will take over with immediate effect.

According to a recent profile by the Financial Times, Cousins had a reputation as a “big-hitter and also also also company turnaround expert” among financial analysts in London.

He was recently named the globe’s 11th best performing CEO in 2017 by the Harvard Business Review.

Cousins previously served as CEO of construction materials firm BPB and also also also as a non-executive director at several big British companies, including supermarket giant Tesco (TSCDF).

sy88pgw (Hong Kong) First published December 31, 2017: 11:36 PM ET

Top CEO killed in completely new Year's Eve plane crash

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