July 20 (Reuters) – Royal Mail’s parent group International Distributions Services (IDS) (IDSI.L) appointed Martin Seidenberg, CEO of the group’s international parcels network, as its new group CEO on Thursday. Seidenberg, who previously spent 15 years at Deutsche Post DHL, joined GLS in 2015 and has been a member of …
Read More »UK’s Royal Mail CEO Thompson to step down after union clash
May 12 (Reuters) – Royal Mail’s CEO Simon Thompson plans to step down later this year, saying it was the “right time” for the company to move forward under new leadership, as the British postal group tries to draw a line under a lengthy pay dispute. Parent company International Distributions …
Read More »Royal Mail CEO exit could come this week – Sky News
May 8 (Reuters) – Royal Mail’s parent (IDSI.L) could announce the UK postal services firm’s CEO Simon Thompson’s exit as soon as this week, Sky News reported on Monday. The report said the exit plan could be delayed beyond this week but an announcement will be made before annual results …
Read More »Wall Street bonuses to plunge 22% this year – NY state comptroller
NEW YORK, Oct 25 (Reuters) – Wall Street bonuses in 2022 are expected to fall 22% or more from last year’s bumper payouts, according to a report from New York State Comptroller Thomas DiNapoli, as tough economic conditions choked off demand for deals. Inflation, the war in Ukraine and rising …
Read More »Royal Mail denies talks over potential sale
A Royal Mail postal van is parked outside homes in Maybury near Woking in southern England March 25, 2014. REUTERS/Luke MacGregor Register now for FREE unlimited access to Reuters.com Register Sept 8 (Reuters) – Britain’s Royal Mail (RMG.L) said on Thursday it was not involved in talks with a private-equity …
Read More »