New Post Office Managing Director

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Royal Mail Group today announced the appointment of David Smith, currently Managing Director of Parcelforce Worldwide, as Managing Director of Post Office Ltd.

David has been with Parcelforce since 2002 and has been Managing Director of the business since 2007. Both as Managing Director, and in his previous role as Finance Director, he played a pivotal role in the turnaround of Parcelforce, transforming it from a loss-making business into a profitable one and establishing its position as a leading player in the highly competitive UK express parcels market.

Royal Mail Group Chairman, Donald Brydon, said: "I am absolutely delighted that Dave is to take the helm at Post Office Ltd. His dynamism, commercial expertise and leadership skills are exactly what POL needs to take it through the next phase of its development.

"He has built a strong and stable team at Parcelforce and his experience in the parcels business will be hugely important as all parts of Royal Mail Group work increasingly closely to exploit this growing part of our market."

David will take up his role at POL in early April while at the same time Dick Stead, who is currently Sales and Marketing Director of Parcelforce, will become acting Managing Director of the parcels company. Royal Mail said it will make a further announcement about David’s successor at Parcelforce in due course.

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Notes to Editors
1. Parcelforce Worldwide, part of Royal Mail Group, is one of the UK’s leading guaranteed express delivery operators. It handles around 52 million parcels a year and its highly automated, state-of-the-art, national tracking and sorting centre handles on average 30,000 parcels an hour while the business’s international sorting centre processes around 40,000 parcels, both import and export, a day, Parcelforce operates in an intensely competitive, open market and its latest results show growth both in its revenue and its profit.



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