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Royal Mail Plc Announces Senior Executive Appointments

Royal Mail Plc Announces Senior Executive Appointments LONDON (dpa-AFX) - Royal Mail plc (RMG.L) announced that Simon Thompson, Non-Executive Director of Royal Mail plc, becomes Chief Executive of the UK business, effective January 11. Stuart Simpson, who has been acting as interim Chief Executive of the UK business since May 2020, will leave Royal Mail at the end of January. Keith Williams, who has been acting as interim Executive Chair of the Group since May 2020, will revert back to being No...
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FTSE 100 sees profit taking as Covid concerns mount | 11 January 2021

11 January 2021 | 12:07pm StockMarketWire.com - The FTSE 100 was firmly lower by lunchtime as investors paused for breath after the index enjoyed a heady first week of 2021, rising more than 6%. By midday the FTSE was down 0.5% at 6,842.11, as concerns build over mounting Covid-19 infections and the possibility of even tighter restrictions. Profits were also being taken in Bitcoin after an even more impressive start to the New Year. US futures pointed to modest losses on Wall Street too. Shoe...
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Royal Mail names Simon Thompson as the new CEO of its UK business.

The courier companys interim CEO to step down by the end of January. Entain plc says its Chief Executive Shay Segev has decided to exit the role. Royal Mail plc (LON: RMG) named Simon Thompson as its new Chief Executive Officer for its UK business on Monday. The retail industry veteran has formerly worked at several world-renowned companies, including WM Morrison, Ocado, Apple Inc, Honda, Motorola, and HSBC. Royal Mail shares opened about 1% down on Monday. At 360 pence per share, the stock has...
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Source: invezz.com

Royal Mail: delighted to extend long-term agreement with the Post Office

 Royal Mail plc and Post Office Limited have confirmed today that both parties have reached agreement on a new long-term commercial agreement. Royal Mail and Post Office entered into a long-term commercial agreement in 2012 in readiness for the separation of the two businesses. This new commercial agreement, known as the second Mails Distribution Agreement, reaffirms the long-term commercial partnership between the two companies. Royal Mail and Post Office are uniquely placed to offer our cus...
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New deal extends commercial agreement between Post Office and Royal Mail to 2032

New deal extends commercial agreement between Post Office and Royal Mail to 2032 Print 17th December 2020 The Post Office and Royal Mail have agreed a new commercial agreement which “reaffirms the long-term commercial partnership between the two companies”. The new deal –  known as the second mails distribution agreement – will start in March and operate “at least” until 2032. It is the follow-up to an agreement signed in 2012 in readiness for the separation of the two businesses....
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