Royal Mail Chairman Brydon to step down

[TrueBlueTerrier]

http://uk.reuters.com/article/2015/01/2 ... J320150129" onclick="window.open(this.href);return false;


Britain's postal operator Royal Mail (RMG.L) said on Thursday its chairman Donald Brydon would step down later this year and that a search for his successor had begun.

Brydon has been in the role since 2009 and oversaw the company's controversial privatisation in October 2013. He will continue to chair the Royal Mail board until at least its annual general meeting in the summer, the firm said.

"Our transformation is well underway and we are now a FTSE 100 listed company. I feel that now is the right time for me to make this decision," Brydon said in a statement.

[answer=42]

Retirement of the Chairman announced this morning. Share price opens 1.3% down right off the bat.
Rumours of Moya to go as well. Doesn't look good does it.

[slinder123]

first the transformation then the cull

[worktotime]

another f***ing leech jumping ship before it sinks , probably walking away with £1m in his back pocket.

[GT750rider]

another f***ing leech jumping ship before it sinks , probably walking away with £1m in his back pocket.

£1m ? Is that all ?

[worktotime]

another f***ing leech jumping ship before it sinks , probably walking away with £1m in his back pocket.

£1m ? Is that all ?

true , I forgot about all his bonuses and free shares , lol

[mpl1111]

Bye then, get rid of dead wood thanks for shafting us all, did he ever do lapsing!? Or just tea & biscuits meetings snuggling up to cwu

[TrueBlueTerrier]

Bye then, get rid of dead wood thanks for shafting us all, did he ever do lapsing!? Or just tea & biscuits meetings snuggling up to cwu

Oh he did loads of Lapsing - just with different companies.

Donald Brydon CBE is a British businessman and Chairman of the Royal Mail, Sage Group and the Medical Research Council and Patron of The British Postal Museum & Archive.

[rubberbond]

Bye then, get rid of dead wood thanks for shafting us all, did he ever do lapsing!? Or just tea & biscuits meetings snuggling up to cwu

Oh he did loads of Lapsing - just with different companies.

Donald Brydon CBE is a British businessman and Chairman of the Royal Mail, Sage Group and the Medical Research Council and Patron of The British Postal Museum & Archive.

They will replace him with another part timer ,probably!

[POSTMAN]

I'm gonna miss him.

[TrueBlueTerrier]

I'm gonna miss him.

Watch reruns of Eastenders he appears on there doesn't he

[fishtank]

I'm gonna miss him.

Aim a bit more carefully then.

[minx]

hate these fat cats who come in ruin our company then leave having leeched as much salary bonuses and all the other add ons they get ,reckon Moya is next guys?

[Red Robbo]

Rumour is rife in Bristol MC that an ex Director of City Link is taking up a managerial position in the business.

[senior man]

This is the start of the fat rats jumping before the ship sinks cos they dont like getting their feet wet.