TNT Express chief financial officer Bernard Bot is to step down from his position this year. Bot has been CFO at the express parcel carrier since 2011 and acted as interim CEO between September 2012 and June 2013, following the departure of former CEO Marie Christine Lombard. Bot joined TNT Post in the Netherlands as group director for business control in 2005. He was then appointed acting CFO for TNT Post in 2010, prior to its de-merger from TNT Express. […]
TNT Express has appointed Tex Gunning as chief executive after former boss Marie-Christine Lombard resigned in September.
Whistl has added more than 100 new vans to its fleet in a deal worth £3m.
UPS has announced it has the funding in place for the acquisition of TNT Express, which was announced on 19 March. The US parcels giant will finance the deal by using €3.7bn of cash from its balance sheet and around €1.46bn via existing credit facilities. Totalling €5.16bn, the original deal reached between UPS and TNT Express was for an all-cash offer of €9.50 per ordinary share for the takeover of the Dutch business. In line with Dutch regulatory requirements, UPS […]