Before the pandemic shut most of the company’s operations, its then 40,000 workers served about 1.5 million customers a daySSP’s pandemic nightmare deepened this morning after the catering group’s chief executive resigned only two years into the role. The airport and railway caterer announced that Simon Smith would be stepping down to “pursue a new opportunity at a private equity-backed business”. SponsoredThe company said he was expected to leave at the end of this year and would continue to carry out his existing responsibilities until then. The company said Smith’s departure was an entirely personal decision, adding that he was not moving to a competitor but to a different industry. However, Jamie Rollo, a leisure analyst at Morgan Stanley, said: “It is clearly unexpected and disappointing news, as his predecessor Kate Swann only left in May 2019.”SSP, one of the worst-hit hospitality businesses

Source: The Times July 14, 2021 08:02 UTC