(Reuters) -Upper Crust owner SSP Group said on Monday Mike Clasper intends to step down as both chair and director following the group's annual general meeting on January 23, 2026. Senior independent
SSP Group Chair Mike Clasper to step down
Mike Clasper's Resignation Announcement
(Reuters) -Upper Crust owner SSP Group said on Monday Mike Clasper intends to step down as both chair and director following the group's annual general meeting on January 23, 2026.
Search for Successor
Senior independent director Carolyn Bradley is leading the group's search for a successor and would become interim chair if no appointment is made by the AGM, SSP said.
Impact on SSP Group
"I believe that now is the right time to announce that I will step down from SSP, bringing forward my planned retirement by one year," said Clasper, who has served as SSP's chair since February 2020.
Profit Expectations
SSP Group, which operates food outlets at airports and train stations worldwide, cut its profit expectations in October, citing a slowdown in passenger growth and weakness in Europe.
Market Conditions
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala and Subhranshu Sahu)
