Walsh is expected to join the catering firm next year

Walsh is expected to join the catering firm next year

Diageo has declined to comment on reports that its outgoing chief executive is set to join catering firm Compass as chairman. 

The Sunday Times reported yesterday (16 June) that Paul Walsh will take up his first chairmanship by replacing Sir Roy Gardner, who stands down next year. Walsh, who has spent 13 years as Diageo's CEO, leaves the drinks company next month

He will be replaced by Ivan Menezes. 

Compass, whose clients include schools, oil rigs and the Wimbledon tennis championships, also declined to comment on the reports.