VendingMarketWatch.com |

After a career that spans 31 years in the industry, Mike Kiser, CEO Canteen Vending Services Inc., has made the decision to retire Dec. 31, 2009. Effective immediately, Dennis Hogan, senior vice president finance of Compass Group North America (CGNA) will assume responsibility as CEO of Canteen. Kiser will continue to support Canteen during this transition through the remainder of the year.

"Mike Kiser leaves a Canteen organization that is well positioned to remain the industry leader in vending innovation and service. We wish Mike the very best, and we will support Dennis and Canteen in moving forward with a proud legacy," announced Gary Green, CEO, Compass Group North America in a prepared statement.

Prior to this appointment, Hogan held the position of senior vice president of finance, and was acting CFO 2002 to 2003. He joined Compass Group in 1996 as a senior manager of strategic planning. In 1999, Hogan became vice president of finance. Hogan remains an officer of Compass Group North America.

"I am excited to lead the premier vending organization in the U.S.," said Hogan. "I'm very optimistic about the industry, even in this challenging economy. Canteen has a seasoned professional team in place and we will build on that organization to drive growth."

Prior to joining Compass Group, Hogan was the CFO for a retail start-up venture in Washington, D.C. Additionally, Hogan has worked in strategic planning and product management for MCI Telecommunications and Digital Equipment Corporation.

Hogan earned a bachelor of science degree in economics from James Madison University, and also received a master's degree in finance from the University of Illinois. In 1998, he completed and passed the CPA exam.

Hogan is married with four children and resides in Charlotte, N.C.