(Updates to add Royal Mail declining comment)
Jan 10 (Reuters) - Royal Mail Plc will name board
member Simon Thompson as its next chief executive in the coming
days, Sky News reported https://news.sky.com/story/royal-mail-picks-thompson-as-ceo-to-deliver-transformation-plan-12184461
on Sunday, citing sources.
Thompson is a non-executive director at the British postal
services firm and has previously held senior executive positions
at Ocado, Apple and HSBC.
Royal Mail's interim chairman Keith Williams is expected to
revert to a non-executive role when Thompson takes over and it
was unclear whether Stuart Simpson, who has been interim CEO
since May, would remain with the company, Sky News reported.
Royal Mail declined to comment on the report.
Simpson succeeded Rico Back, who founded and ran Royal
Mail's international parcels operation before becoming CEO of
one of the world's oldest postal companies.
Back left after three decades following union resistance to
his 1.8 billion pound ($2.44 billion) restructuring plan.
Royal Mail reached a breakthrough with its largest union
last month after a long-running dispute over direction, working
conditions and workplace culture.
($1 = 0.7372 pounds)
(Reporting by Derek Francis in Bengaluru;
Editing by Bernadette Baum and Alexander Smith)
HSBC Holdings (HSBA)
Ocado (OCDO)
