Royal Mail chairman Donald Brydon re-appointed
Friday 23 March 2012
The chairman of the Royal Mail has been re-appointed for three years on an unchanged annual salary of £200,000, it was announced today.
Donald Brydon was appointed chairman of the postal group in 2009.
Postal affairs minister Norman Lamb said: "Donald Brydon has proven over the last three years that he has the qualities and attributes needed to lead the Royal Mail board through what has been a challenging period.
"I'm delighted to announce his re-appointment. His skills and experience will be needed as the company moves into the next phase of its development."
Mr Brydon said: "The first three years have been remarkable. The Board has been rebuilt, we have outstanding new management, the Postal Services Act has been passed by Parliament, the solution to Royal Mail's pension problem has been settled relieving the company of a significant cash drain, the regulatory framework is going through redefinition and the modernisation programme in the company is progressing apace.
"I am confident that under the leadership of the new management team Royal Mail will succeed. Of course, much will still depend on the new regulatory framework for Royal Mail which Ofcom is expected to unveil shortly. Royal Mail very much needs to be allowed the freedom to compete fairly in a market open to full and growing competition, and where we can focus fully on customers and the market while being subject to competition law like any other company.
"A key challenge remains to secure the future of the cherished one-price-goes-anywhere universal service to the UK's 29 million addresses."
- 1 Cyclist who knocked down three-year-old girl says his life has been 'destroyed'
- 2 Chelsea victory parade: Chelsea mocked on Twitter as 'tens of fans' pack the streets of London
- 3 US warned by Chinese media to stop meddling or 'war will be inevitable'
- 4 Woman, 21, dies after taking contraceptive pill that 'caused fatal blood clot'
- 5 Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
Cyclist who knocked down three-year-old girl says his life has been 'destroyed'
US warned by Chinese media to stop meddling or 'war will be inevitable'
How China's richest man Li Hejun lost $15bn in an hour - and made a fortune
Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
Snoop Dogg on why he doesn't regret displaying misogyny towards women
As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
Scotland may have to leave the EU even if it votes to stay in, David Cameron confirms
The day that Britain resigned as a global power
SNP fury as HS2 finds 'no business case' for taking fast train service to Scotland
EU referendum: David Cameron's rules are a 'democratic disgrace', says French-born Scottish politician set to be denied a vote
A nation of inequality: How the UK is failing to feed its most vulnerable people
iJobs Money & Business
£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...
£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...
£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...
£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...