Crozier to leave Royal Mail for ITV
Adam Crozier is leaving Royal Mail to take up the post of chief executive at ITV. The group chief executive will remain at Royal Mail for the “next few months” as the company searches for his successor.
Group chairman Donald Brydon said: “Adam has done and continues to do a remarkable job in leading Royal Mail through a major transformation in extremely difficult market circumstances.
“The Group benefits from his strong leadership and commitment to ensuring that Royal Mail has the strength and profitability to continue to support the Universal Service and to build the platform for our future growth.
“Adam remains as chief executive of Royal Mail for the next few months and during that time I will continue to work closely with him to ensure that our momentum is maintained right across the Group and to ensure a smooth transition to his successor.”
Crozier’s departure comes as a further blow to Royal Mail after Post Office managing director Alan Cook announced his decision to retire earlier this month.
The company’s reputation was also hit by a series of wildcat and national strikes throughout the second half of 2009
More to follow…
