Royal Mail boss Simon Thompson is to step down from his position, the proprietor of the postal big has stated.
Mr Thompson stated he believed it was the “proper time” to go after Royal Mail and the principle postal union struck a deal that would finish a long-running dispute.
He has had a troublesome two years in control of the agency.
Mr Thompson had come below stress after he was accused of deceptive MPs when he denied Royal Mail tracked staff’ productiveness.
He’ll stay in submit till the top of October, and the board is in “superior levels” of appointing a brand new chief government, it stated.
There have been reviews that Mr Thompson had turn into “more and more disillusioned” throughout strike motion by members of the Communication Staff Union (CWU).
It’s believed leaders of Royal Mail’s dad or mum firm, Worldwide Distributions Companies, additionally needed recent management on the agency after the dispute over pay and situations.
Final month, union bosses really useful that staff settle for the brand new deal which might finish the bitter dispute. Union members might be balloted later this month.
The corporate had stated that extra industrial motion, which had already value it £200m, might result in Royal Mail going bust.