Tag: Europe

The chief executive of the business-to-business postal group DX Services has resigned following what is understood to have been a disagreement about the group’s strategy ahead of the liberalisation of the British letters market at the beginning of next year. Peter Brougham, whose salary is pounds 243,000 a year, will stay on in his role until a successor is appointed. DX, which was founded in 1975, was demerged from its former parent, Hays plc, late last year when it was listed on the London market. Yesterday, DX’s chairman, John Maxwell, said: “Peter successfully demerged the business out of Hays, stabilised revenues and profits and established the business as an independent company. In accepting Peter’s notice, the board has the opportunity to review and agree the strategies for growth presented by the deregulating postal market.”