Royal Mail chief quits as firm revenue decline £22m

Royal Mail chief quits as firm revenue decline £22m

Royal Mail’s CEO Rico Back has quit with immediate effect as the group reported a £22m decline in revenue with a sharp drop in letter deliveries. This comes on back of companies decision for a major shake-up across its business. The top job would now be handed over to duo Keith Williams, as interim executive chairman, and Stuart Simpson, as chief executive until a permanent replacement is found.

Milan
Milan
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