TNT UK has appointed ex-City Link finance director Robert Peto to its board. He replaces John Downing, the company’s financial director. Peto had been with City Link since 2011 until its demise last year. Before that he was financial director at Parcelforce and has also served in a financial role at DPD and Interlink parent GeoPost. Peto was appointed to the TNT UK board earlier this month, following the appointment of Marianne Culver as its new MD. Culver, who joined […]
FedEx’s €4.4bn (£3.4bn) takeover of TNT Express is set to complete later this month, just over a year since the parcel giants announced the deal.
TNT Express has unveiled a strategy to improve its performance and financial results as both group turnover and operating profit continue to decline.
TNT veteran Tony Jakobsen has replaced Stuart Stobie as head of TNT UK and Ireland’s international division, as part of a major management overhaul.