bpostgroup: search for new CEO to begin

bpostgroup: search for new CEO to begin

Following an ongoing compliance review,  bpostgroup has announced that Dirk Tirez will no longer be CEO.

On October 24, bpostgroup communicated about a compliance review relating to the tender for the concession for the distribution of newspapers in Belgium.

Bpostgroup announced on Friday: “The compliance review is still ongoing, but on the basis of the elements in its possession, the Board of Directors was led to take a number of decisions today.

The Company’s Board and Mr. Dirk Tirez have decided to mutually terminate their collaboration today. Mr. Tirez will further on contribute to the ongoing review.

Within this context, the collaboration with 2 other persons within bpostgroup also ends.

The review has revealed non-compliance with the company’s policies as well as indications of non-compliance with applicable laws. The review has been extended to the current concession for the distribution of newspapers and periodicals in Belgium, which revealed elements that may indicate potential violations of applicable laws as well. The company continues to actively cooperate with the competent authorities.

The search for a new CEO will be initiated. The Board of Directors confirms its full support to all bpostgroup teams. Philippe Dartienne, CEO ad interim, together with the leaders of the 3 business units bpost Belgium, E-Logistics Eurasia and E-Logistics North America, focus on a seamless execution of the year-end peak. Together with the whole executive committee, they continue to implement the company’s strategy unabatedly.

A further announcement will be made if and when appropriate.

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