Royal Mail has confirmed CEO Moya Greene will retire in September, with the boss of its GLS division taking her place from 1 June. Greene held the role for eight years, during which time she has transformed the UK’s biggest operator from an unprofitable business to a successful, listed company, and she has secured her place as one of the UK transport sector’s most respected executives. Greene oversaw the privatisation of Royal Mail in 2013, after a period of what […]
The big event for the MT basket of transport shares – the MT Tracker – is that Royal Mail will be joining this watching brief from tomorrow. The BBC is already reporting this morning that shares will trade at the top of the price range (around 330p) giving it a value of £1.7bn.
Royal Mail is the UK’s pre-eminent delivery company and as the sole designated universal service provider, it delivers a ‘one price goes anywhere’ service on a range of letters and parcels to over 30 million addresses across the country, six days a week.