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Royal Mail' Group Chief Executive To Resign

LBR Staff Writer Published 27 January 2010

Royal Mail, a subsidiary of Royal Mail Holdings, has revealed that Adam Crozier, group chief executive, will be leaving the company later this year, to take up the post of chief executive of ITV.

According to Royal Mail, Adam Crozier previously served as joint chief executive at Saatchi & Saatchi in 1995, then as new chief executive of The Football Association in 2000, before joining Royal Mail Group in 2003 as the chief executive where he oversaw a modernisation programme.

Donald Brydon, chairman of Royal Mail, said: “Adam has done and continues to do a remarkable job in leading Royal Mail through a major transformation in extremely difficult market circumstances. The Group benefits from his strong leadership and commitment to ensuring that Royal Mail has the strength and profitability to continue to support the Universal Service and to build the platform for our future growth.

“Adam remains as Chief Executive of Royal Mail for the next few months and during that time I will continue to work closely with him to ensure that our momentum is maintained right across the Group and to ensure a smooth transition to his successor.”

The company is likely to make a further announcement in due course.

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