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While the RMG website has been updated today to reflect the departure of Peter Long and the ascendency of Les Owen as Chairman, there are no details to be found at all on the current composition of the Chief Executive's Council, or as it is apparently now know as the Executive Board - essentially the direct reports to the CEO.
What FTSE 100 company would not have a company website providing this information on the executive team for its shareholders and prospective investors- - and have it be kept up to date on a timely basis. It beggars belief!
Way back on June 6, 2018, RMG CEO Rico Back announced in his letter to all employees that,
In order to compete effectively and deliver our strategic priorities of profitable revenue growth, cost efficiency and quality, we are making the following changes:
Post & Parcels UK has been created, and will include Royal Mail Parcels, Sales, Customer Experience, Pricing and Industrial Relations, as well as Letters and Network
GLS will continue with its businesses in Europe and the US. In addition, GLS will take line management responsibility for Parcelforce Worldwide and Royal Mail International
These businesses will be supported by three new teams alongside our existing Finance, HR and Comms functions:
- A new Strategy and Transformation function, bringing together the major strategic transformation programmes.
- A Chief Risk and Governance Officer who will oversee key central functions, including Legal, Company Secretary, Compliance, Internal Audit and Risk.
- A new Group IT function, combining both the Chief Technology Officer and the business IT functions.
In April, Sue Whalley was announced as CEO for Post & Parcels UK. Further senior appointments have also been made, with immediate effect:
James Rietkerk has been confirmed as the CEO of GLS
Jon Millidge will take on the role of Chief Risk and Governance Officer. In addition, he will continue to work with CWU on the introduction of a Collective Defined Contribution scheme and our lobbying the Government on this issue.
Sally Ashford will become our new Chief HR Officer
Mel Tomlin will take over as Chief of Staff
The Chief Information Officer and Chief Strategy and Transformation Officer will be appointed in due course
Additionally, an Executive Board has been established to focus on performance and deployment of our strategic priorities. This replaces TopCo and the Chief Executive's Committee.
Since that date the RMG website does not seem to have been updated at all to reflect any of these changes announced by the new CEO way back in June or any more recent executive team appointments.
Astonishing!