Board announcement

This morning, we have announced the following Board and management changes:

Keith Williams appointed Deputy Chairman
Keith Williams, Chair of the Audit & Risk Committee, is also being appointed Deputy Chairman with immediate effect. Keith is increasing his commitment to Royal Mail. He is in the process of reviewing his external commitments, and any changes will be announced as required. As Executive Chairman of British Airways until 2016, Keith has a very strong track record in operational transformation, digital strategy and industrial relations, including pensions.

Sue Whalley to leave Royal Mail at the end of the year
We have announced changes in the organisational structure of Post and Parcels UK. After 12 years’ service, Sue Whalley, CEO, Post and Parcels UK and the Board have agreed that she will leave Royal Mail, step down from the Board with immediate effect and transition her responsibilities by the end of March 2019. Rico Back, Group CEO, will assume commercial responsibilities for Post and Parcels alongside his existing Group role and overall UK strategic responsibility. Operational responsibilities will be taken on by Stuart Simpson, CFO, and previously Deputy Chief Operating Officer. Sue will work alongside Stuart Simpson on our Christmas operational programme and will assist the Company with ongoing regulatory, legal and other matters, as appropriate.

Stuart will continue to report to Rico Back and be supported by a senior operations executive, whose appointment will be announced in due course.

Speaking about today’s announcement, Rico Back said:
“Sue Whalley has worked tirelessly for the company and I have worked closely with her for a number of years. My executive colleagues and I very much appreciate the work that she has done for Royal Mail and the positive change she has brought to many areas in the business. Sue has all our best wishes for the future.”

You can read the full announcement here.