Rico Back steps down after less than two years at helm of struggling postal businessThe Royal Mail chief executive, Rico Back, has stepped down with immediate effect in a surprise departure after less than two years in the job.The 66-year old, who has been with the company for three decades, endured a battle with unions over restructuring plans for the ailing business. The German-born executive has also been criticised for remaining in Switzerland, his country of residence, during the coronavirus outbreak. Royal Mail said Back was following government advice to work from home. Continue reading…
Via: Royal Mail chief quits with immediate effect
Categories: English News