(29 January 2015) Donald Brydon has informed the Board of Royal Mail plc of his intention to step down from the Board. The Senior Independent Director, Orna Ni-Chionna, has initiated a process to appoint his successor and Donald will continue to chair the Board until at least the AGM in the summer.
Donald was appointed Chairman in 2009. Since then, he has led the Board at a time of major change for Royal Mail, including its ongoing transformation and the Group’s flotation in October 2013.
Donald Brydon, Chairman, said: “I am proud of what Royal Mail has achieved as a company in the last six years. Our transformation is well underway and we are now a FTSE 100 listed company. I feel that now is the right time for me to make this decision.”
Moya Greene, Group Chief Executive, said: “Donald has played a key role as Chairman during one of the most eventful periods in our history. I would like to personally thank him for his support and counsel.”
Orna Ni-Chionna, Senior Independent Director, said: “Donald has made a very significant contribution to the direction of Royal Mail during his six years as Chairman. The Board offers its thanks and looks forward to working with him in the coming months.”
Read more at royalmailgroup.com