Marisa Cassoni confirmed this morning that she would be stepping down from
her position as Royal Mail’s group finance director in December.
Cassoni, who had been with Royal Mail for four years, leaves just months
before regulator Postcomm opens the market up to full competition in January
2006.The group confirmed that the hunt for a replacement had begun.
A former FD of Britannic Assurance and a Deloitte accountant, Cassoni played
an important role in turning around the fortunes of Royal Mail, which has gone
from £1m-a-day losses daily profits of £2m over the last three years.
In a statement Royal Mail chairman Allan Leighton said: ‘When I first
arrived, Marisa was the only executive who had experience of turnaround and she
has played a valuable part in sorting out both the finance of the Royal Mail and
in creating a platform of financial control for us to move forward on.’
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals