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David Mortimer resigns as Australia Post chairman

Friday, August 31st, 2012

Australia Post’s chairman David Mortimer is stepping down after 11 years on the company’s board, the last six years as chairman.

Mortimer has decided to leave Australia Post to seek opportunities elsewhere, confirmed Australia’s Minister for Broadband, Communications and the Digital Economy, Senator Stephen Conroy, and Minister for Finance and Deregulation, Senator Penny Wong, yesterday.

His term as chairman comes to an end officially on 11 September.

“Mr Mortimer has overseen significant changes at Australia Post during his time as Chairman, including the growth in eCommerce and digital communication, a marked increase in parcel volumes, and declining volumes of traditional letters,” Senator Conroy said.

“He leaves with a record of success for which he should be extremely proud.

“Under Mr Mortimer’s leadership, Australia Post has adapted to the pressures of a rapidly changing environment and come through the difficulties of the Global Financial Crisis as a stronger, more resilient organisation.

“During a period in which many overseas postal operators have lost money, Australia Post has continued as a successful and profitable business.”

Senator Wong said Mortimer had made an “outstanding contribution” to Australia Post over the last 11 years, playing an “instrumental role” in shaping Australia Post’s current strategic direction.

She said Mortimer had overseen the appointment of Ahmed Fahour as Australia Post managing director and CEO, who along with the board initiated the Post’s Future Ready business renewal program, “the biggest transformation in the organisation’s 202 year history”.

“Australia Post’s Future Ready program has seen it move its business into the digital economy, while still ensuring the integrity of its more traditional customer services,” Senator Wong said.

Mr Mortimer’s successor will be announced in due course. In the interim period, Mr Mark Darras, Deputy Chairman of the Board, will serve as Acting Chairman.

Source: Post&Parcel/Senator Stephen Conroy

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