Finance
SSP Group Chair Mike Clasper to step down
Published by Global Banking & Finance Review®
Posted on November 10, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 10, 2025
1 min readLast updated: January 21, 2026
SSP Group Chair Mike Clasper will resign in January 2026. Carolyn Bradley leads the search for his successor as SSP adjusts profit forecasts amid market challenges.
(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 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.
"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.
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.
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala and Subhranshu Sahu)
Corporate governance refers to the systems and processes that direct and control a company, ensuring accountability and transparency in its operations.
Retirement services are financial products and plans designed to help individuals save and manage their finances for retirement.
An annual general meeting (AGM) is a yearly gathering of a company's shareholders to discuss the company's performance and future strategies.
The chair is the head of the board of directors, responsible for leading meetings and ensuring effective governance of the organization.
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