After a year-long dispute with workers over pay and a disagreement over supply, the Royal Mail’s CEO resigned Could 12. He thanked his colleagues for his or her help throughout a “tough and essential time of change”.
A questioned credibility
After his credibility was questioned by MPs who recalled him for questioning earlier than the Committee on Enterprise, Power and Industrial Technique (BEIS), Simon Thompson has been in talks to resign from the corporate.
He was accused of offering the committee with “inconsistencies” in his testimony.
Beneath Mr Thompson’s management, Royal Mail has additionally been accused of failing to satisfy its responsibility to offer a common service.
A 12 months of disputes with union leaders over pay and dealing circumstances has marred Mr Thompson’s tenure. Within the second half of final 12 months, CWU members went on strike for 18 days.
The corporate stated it’s within the “superior stage” of hiring a brand new chief govt officer and that Mr. Thompson will stay in workplace by way of October 31 as a part of the transition.
Following the dispute over wages and dealing circumstances, it’s believed that Worldwide Distributions Providers, Royal Mail’s mother or father firm, needed new management within the firm.
Final month union leaders suggested their members to simply accept the brand new settlement to finish the battle. Union members will give their views later this month.
In accordance with Sky informationVirtually two years have handed since Mr. Thompson assumed the place of CEO in January 2021. Previous to his appointment, he had been a non-executive director of the board since 2017.