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Richard Cousins

From Wikipedia, the free encyclopedia
British businessman (1959–2017)
For the Australian rules footballer, seeRichard Cousins (footballer).

Richard Cousins
Born(1959-03-29)29 March 1959
Leeds, England
Died31 December 2017(2017-12-31) (aged 58)
Alma materUniversity of Sheffield
Lancaster University Management School
OccupationBusinessman
SpouseCaroline Thorpe (1982–2015)
Children2 (both deceased)

Richard John Cousins (29 March 1959 – 31 December 2017) was a British businessman, and thechief executive officer of the world's largestfoodservice company, theCompass Group, based inChertsey,Surrey.[1]

Early life

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Richard Cousins was born on 29 March 1959 inLeeds.[2] He was the son of Marian and Philip Cousins.[2]

Cousins was educated atThe Brakenhale School, acomprehensive school inBracknell, Berkshire.[3] He earned a bachelor's degree in mathematics from theUniversity of Sheffield in 1980, followed by a master's degree inoperational research fromLancaster University Management School.[2]

Career

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Cousins began in the groupoperational research department ofCadbury-Schweppes in 1981,[2] being involved in market research and investment projects. In 1984 he joinedBTR Industries,[2] again in operational research. He became corporate planning manager forNewey and Eyre (now part ofHagemeyer UK),[2] one of its subsidiaries and an electrical components firm. In 1990 he moved toBPB plc, the British firm which is the world's largest manufacturer ofplasterboard and now owned by the French companySaint-Gobain.[4] He went on to be managing director of Abertay Paper Sacks in 1996, President and CEO of Westroc Inc in February 1998 and Group chief executive of BPB in April 2000.[5]

Cousins joined Compass in May 2006 as CEO.[4] In 2017, Cousins was named #11 on the 2017 100 Best Performing CEOs in the World byHarvard Business Review;[6] in 2016 he placed 17.[7] He is succeeded as CEO of Compass byDominic Blakemore. Originally planned for 1 April 2018, the succession was brought forward to 1 January 2018.[8]

Personal life

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Cousins married Caroline Thorpe in 1982; she died ofcancer in 2015.[2][9] Their two sons were William and Edward, both of whom died with their father.[2] They resided in theChilterns[10] andTooting,South London.[11] The couple had previously lived atWellington, Shropshire late in the 1980s, where Cousins was a player in theCricket Club, of which he remained for some time chairman of the club committee.[12]

Death

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Main article:2017 Sydney Seaplanes DHC-2 crash

Cousins was killed on 31 December 2017 when thelight aircraft he was oncrashed into theHawkesbury River in Australia near Cowan, north ofSydney. His two sons, William Cousins (25) and Edward Cousins (23), his fiancée Emma Bowden (48) and her daughter Heather Bowden-Page (11) as well as pilot Gareth Morgan, were also killed in the accident. Emma Bowden was the daughter ofGerald Bowden,[13] the formerConservative Member of Parliament forDulwich.[14] Cousins, a keen cricket fan, was to attend the Fifth Test of theAshes series in Sydney with his two sons; the seats were left empty.[15]

A year before his death, Cousins changed his will to include a "common tragedy clause", so that if he and his children were to die at the same time, the bulk of his fortune would go to charity. This resulted in the charityOxfam receiving a £41 million bequest from his estate.[16]

See also

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References

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  1. ^Bury, Rhiannon (21 September 2017)."Compass boss Richard Cousins to retire after 11 years at helm of catering giant".The Telegraph. Retrieved2 January 2018.
  2. ^abcdefgh"COUSINS, Richard John".Who's Who 2017. Oxford University Press. Retrieved23 July 2017.
  3. ^"Community saddened by death of former Bracknell schoolboy in seaplane crash in Australia". Berkshire Live. 4 January 2018.
  4. ^ab"Richard Cousins, FTSE 100 chief who set new direction for Compass; 1959-2017".Financial Times. 1 January 2017. Retrieved2 January 2018.
  5. ^"Annual Report 2000". BPB atInvestis. Retrieved2 January 2018.
  6. ^Harvard Business Review, November – December 2017, 68
  7. ^"The Best-Performing CEOs in the World".Harvard Business Review, November – December 2016. November 2016. Retrieved5 January 2018.
  8. ^"Dominic Blakemore". Compass Group. Retrieved1 January 2018.
  9. ^"Millionaire killed in Sydney plane crash with fiancee 'was urged to find someone new by first wife before she died of cancer'".Daily Mirror. 1 January 2018. Retrieved1 January 2018.
  10. ^Shah, Saeed (30 September 2005)."Richard Cousins: The reluctant batsman who's stepped out to face the French".The Independent. Retrieved23 July 2017.
  11. ^"Tooting family killed in Sydney plane crash on New Year's Eve".The Wandsworth Guardian. 2 January 2018. Retrieved4 January 2018.
  12. ^"Pilot of crashed seaplane likely lost control after being exposed to gas".Shropshire Star. 4 July 2020. p. 12.Report by Dominic Robertson on latest investigation findings, referencing his Shropshire connections.
  13. ^"Ex-Tory MP father of seaplane victim tells of his grief" p. 13,Daily Telegraph, Issue no 50,580, 3 January 2018
  14. ^"Hawkesbury River seaplane: Catering giant CEO Richard Cousins and family killed in New Year's Eve crash".ABC News. 1 January 2018. Retrieved1 January 2018.
  15. ^"Cricket: Heartbreaking tragedy behind empty seats".The New Zealand Herald.AAP. 5 January 2018. Retrieved5 January 2018.
  16. ^Businessman Richard Cousins 'leaves £41m' to Oxfam BBC News, 21 August 2018. Retrieved 21 August 2018
Business positions
Preceded by Chief Executive of Compass Group
May 2006 – December 2017
Succeeded by
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