Tag: Germany

German Deutsche Post strengthens sales division

Posted by | Oct 23, 2006 | |

German postal group Deutsche Post AG has appointed four executives to succeed former head of sales Marco Demuth, thus dividing the Sales Division into four, it was reported on October 20, 2006.

The new segments are Large Clients, Corporate Clients, Industrial Clients and Private Clients and Branches.

Ingo Bohlken will be the new marketing director of Deutsche Post’s German activities, replacing Reinhard Pranke. Pranke will be in charge of the newly established Market Liberalisation segment.

Peter Kruse stepped down from the executive management of the Express Germany business division. Deutsche Post’s mail business head, Hans-Dieter Petr, has already introduced his successor Juergen Gerdes into business, since Petr’s contract is to expire at the end of 2007.

Deutsche Post will appoint Tim Griffiths executive board member in charge of newly created British mail business segment. Griffiths is CEO of Deutsche Post’s British subsidiary Williams Lea.

The board reshuffling, the expansion abroad and the new services are aimed to offset the abolition of Deutsche Post’s mail-delivery monopoly as of 2008.

www.handelsblatt.com

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Light mail management reorganisation at Deutsche Post

Posted by | Oct 23, 2006 | |

Deutsche Post, the German postal service operator, has reorganised the management of its letter division in response to increasing competition in this area of activity. Marco Demuth, head of sales in German letter business, is to be replaced by four managers, in order to improve customer orientation. The sales department is to be subdivided into a large customer division and divisions for business customers, commercial customers and private customers.

Ingo Bohlken is to replace Reinhard Pranke as head of German marketing, while Mr Pranke is to be responsible for the deregulation department. Jurgen Gerdes is also being groomed as the successor to Hans-Dieter Petram, head of letter activities at Deutsche Post, whose contract is due to expire at the end of 2007. A further department is to be created on the management board for the UK subsidiary Williams Lea, and Tim Griffiths, head of the UK subsidiary, is therefore to be appointed to the board. Klaus Knappik is to retain responsibility for international letter operations. Top management will be unaffected by the reorganisation.

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Further setback for German start-up Red Parcel Post

Posted by | Oct 23, 2006 | |

Red Parcel Post, the planned new German parcel company, has suffered its latest setback with the loss of an important financial investor. Doubts continue to surround the planned start of operations in 2007.

Experienced German freight industry entrepreneur Manfred Boes, a former founder of German Parcel (now GLS) and recently elected as president of Fiata, the world freight forwarders association, has confirmed that he has quit as an investor in the firm. He told German logistics magazine Logistik Inside that “the new shareholder structure does not match our planning”.

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Postbank expands international real estate finance

Posted by | Oct 23, 2006 | |

Deutsche Postbank AG is seeking to further expand its business in providing finance for commercial real estate, and to boost its growth on international markets in particular. This was highlighted by Stefan Jütte, Board member with responsibility for Credit at the Bonn-based bank, at the “Expo Real” international real estate trade fair in Munich. “We have dual access to the markets outside Germany: firstly, we follow our corporate customers in their business abroad, providing them with support in real estate acquisitions. Thus, we are gradually accessing markets in Eastern Europe and sounding out new business opportunities, for example in Turkey. Secondly, in our London branch and our PB Capital subsidiary in New York, we have successful bases in the key real estate markets of the United Kingdom and North America.”

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Deutsche Post's Schimmelmann sells shares worth 5.57 million euro

Posted by | Oct 22, 2006 | |

Deutsche Postbank AG chief executive and member of Deutsche Post AG’s management board, Wulf von Schimmelmann, has sold a large portion of the shares he owned in Deutsche Post, fuelling speculation that he may step down prematurely, reported Focus magazine without citing sources.

The magazine said that Schimmelmann sold 268,000 shares in four separate tranches with a combined value of around 5.57 mln euro.

Deutsche Post could not be reached for comment on the report.

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