Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Royal Mail boss Simon Thompson to step down

by May 15, 2023
May 15, 2023
Royal Mail boss Simon Thompson to step down

Royal Mail boss Simon Thompson is to step down from his role, the owner of the postal giant has said.

Mr Thompson said he believed it was the “right time” to go after Royal Mail and the main postal union struck a deal that could end a long-running dispute.

He has had a difficult two years in charge of the firm.

Mr Thompson had come under pressure after he was accused of misleading MPs when he denied Royal Mail tracked workers’ productivity.

He will remain in post until the end of October, and the board is in “advanced stages” of appointing a new chief executive, it said.

There were reports that Mr Thompson had become “increasingly disillusioned” during strike action by members of the Communication Workers Union (CWU).

It is believed leaders of Royal Mail’s parent company, International Distributions Services, also wanted fresh leadership at the firm after the dispute over pay and conditions.

Last month, union bosses recommended that workers accept the new deal which would end the bitter dispute. Union members will be balloted later this month.

The company had said that more industrial action, which had already cost it £200m, could lead to Royal Mail going bust.

Read more:
Royal Mail boss Simon Thompson to step down

0
FacebookTwitterGoogle +Pinterest
previous post
UK SMEs admit running their own business has negatively impacted their mental and physical health
next post
Payments Start-Up Attracts Industry Heavyweights in $550k Funding Round to Revolutionise Way Groups Pay Together Online

You may also like

Working Through Grief:  managing your return to work...

June 6, 2024

Bank of England cuts interest rates to 4.25%...

May 8, 2025

Record year for Ferrari sees supercar maker profits...

February 1, 2024

Dragons’ Den star told to pull down antivax...

April 17, 2023

Poor parental support driving talent away as 87%...

March 18, 2025

Wetherspoon on track for ‘record’ year as chain...

May 10, 2023

The Influence of Chemical Companies on Modern Life

April 9, 2024

Cost of living crisis drives solar panel sales...

September 14, 2022

Fintech chiefs debate diversity crisis in Parliament

June 20, 2023

Rachel Reeves embarks on New York mission to...

July 23, 2024

Working Through Grief:  managing your return to work...

June 6, 2024

Bank of England cuts interest rates to 4.25%...

May 8, 2025

Record year for Ferrari sees supercar maker profits...

February 1, 2024

Dragons’ Den star told to pull down antivax...

April 17, 2023

Poor parental support driving talent away as 87%...

March 18, 2025

Wetherspoon on track for ‘record’ year as chain...

May 10, 2023

The Influence of Chemical Companies on Modern Life

April 9, 2024

Cost of living crisis drives solar panel sales...

September 14, 2022

Fintech chiefs debate diversity crisis in Parliament

June 20, 2023

Rachel Reeves embarks on New York mission to...

July 23, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

      July 8, 2025
    • Data Security Posture Management – The Next Big Data Solution Your Business Needs (And How to Get Started)

      July 7, 2025
    • Bondi under siege after DOJ reveals no Epstein client list

      July 7, 2025
    • Over 158 million Americans voted in 2024 as Trump reclaimed the White House

      July 7, 2025
    • US ends terrorist designation of Syrian militant leaders

      July 7, 2025
    • Haitian Immigrants Have a Low Incarceration Rate

      July 7, 2025

    Categories

    • Business (8,410)
    • Investing (2,105)
    • Politics (15,958)
    • Stocks (3,192)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved