This afternoon, Post Office Chairman Tim Parker announced Nick Read as new Group CEO of Post Office Ltd.
Nick will join the business in September and brings a huge amount of experience from a wide range of consumer facing sectors, including retail, banking, and travel, as well as a strong record of commercial success and a reputation for always putting customers first.
He has 25 years of consumer and commercial experience. Most recently Nick was Group CEO at Extra Energy and prior to that CEO at Nisa Retail, where he oversaw the transformation of the business, which was sold to the Co-op in 2018. He has previously held senior roles at Tesco, Vodafone, HBOS, Lloyds Banking Group and Thomas Cook.
Post Office Chairman Tim Parker said: “I am looking forward to working with him as we execute the next crucial stage of the Post Office’s turnaround into a more efficient, resilient and sustainable business which will be ever better for customers and Postmasters.”
New CEO Nick says: “I am delighted to be appointed as Group CEO of Post Office, one of the UK’s most trusted brands and a business which plays such an important part in the lives of millions of customers every day.
“I am really looking forward to working with everyone involved in the business and in particular the thousands of postmasters around the country who are its lifeblood. I am determined that together we will ensure that Post Offices thrive as successful businesses wherever they are – from the busiest city streets to those serving the most rural communities in the UK.
“It is a privilege to have the opportunity to lead the business towards a sustainable future, meeting the commercial challenges of a rapidly changing world while at the same time cementing and enhancing the important role Post Offices play in the communities they serve.”
Al Cameron will continue as interim CEO until Nick joins us later this year.