Wednesday, 14 October 2009

Adam Crozier

The Government risks losing nearly £100 million in revenues if a national postal strike goes ahead next week, which looked increasingly certain last night.

Meanwhile, Royal Mail has thrown down the gauntlet to unions, demanding an immediate end to the threat of strike action and dismissing their latest offer as a  blatant attack on  the future of the postal service”

Adam Crozier you may remember used to be in charge at the FA and left their after almost running the FA into the ground.

Lord Mandelson, the Business Secretary, said that a national postal strike would be a “suicidal act ... The Government has backed Royal Mail financially with billions of pounds so that the company can modernise, but these strikes will impede that essential process. Strikes are not the way to resolve differences or safeguard the future of our postal service,” he said.

Crozier, Britain’s highest-paid civil servant, is overseeing a five-year, £2 billion programme of change. He says that pushing through the programme is the company’s only hope.

His achievements at Royal Mail from 2007 when he was on a million pounds plus a year salary  include shrinking the workforce by 45,000, and closing 4,600 post offices, with another 2,500 to follow. The goal of this reduction in workforce and in retail outlets was to increase profitability, the corporation was running a £10 million trading deficit in 2007, culminating in  a 300 million pound loss in 2008.

By 2009 his salary has tripled and he is now on three million a year, and he is running the Company into the ground. If nothing else Crozier is consistent.

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