The Royal Mail chief govt is to step down, guardian agency International Distributions Services has introduced.
As first reported by Sky News, Simon Thompson had been in talks to go away the corporate after his credibility was challenged by MPs who recalled him for questioning on the Business, Energy and Industrial Strategy (BEIS) committee. He was accused of giving “inconsistencies” in proof earlier than the committee.
The firm stated it was in “advanced stages” of appointing a brand new chief govt and Mr Thompson will stay with the enterprise till 31 October as a part of the transition.
The former state-owned firm was locked right into a bitter dispute with worker members of the Communication Workers Union (CWU) which ended final month.
The settlement of that dispute has been listed as a cause for Mr Thompson to go away now.
“The changes we have made, the infrastructure we have put in place, and the agreements negotiated with our trade unions mean that Royal Mail now has a chance to compete and grow,” he stated.
“That is what I have always wanted, and it is now the right time to hand over to a new CEO to deliver the next stage of the company’s reinvention.”
Mr Thompson took on the chief govt function simply over two years in the past in January 2021. Prior to his appointment he served as a non-executive director of the board since 2017.
Royal Mail is owned by International Distributions Services plc (IDS) who additionally personal an Amsterdam-based logistics firm General Logistics Systems.
Source: information.sky.com”