Shock as MD departs TNT Express
TPG, the Dutch postal, express and logistics organisation, has announced the departure of Alan Jones, Group Managing Director of TNT Express. In his place the company has appointed Marie-Christine Lombard who presently heads up TNT in France.
The announcement will come as a shock to many throughout the express and logistics industry. For a number of years Jones headed up TNT in the UK and he is widely credited with being one of the architects of the European express industry in its present form. In 1999 he took over the running of TNT’s express operations on a global scale, and during his time as managing director the results of the division have been impressive.
Jones will receive a significant settlement from TPG. €0.7 million will be paid in settlement of his contractual notice period as well as a further €3.9 million pension obligation. In its statement TPG described the split as ‘amicable’.
