BusinessPeople In BusinessRoyal Mail finance director quits

Royal Mail finance director quits

Royal Mail finance director Ian Duncan quits, as board merry-go-round continues, with plans looming for a potential flotation

Royal Mail’s finance director has quit for “private and personal reasons”.

Ian Duncan’s departure comes as the government plans for a flotation of the
mail business, and follows a slew of board changes.

In January its chief executive Adam Crozier said he was leaving to join ITV.
Moya Greene takes on the role in mid-July, leaving her president and CEO
position at Canada Post Corporation.

ScottishPower chief executive Nick Horler joined as a non-executive in April.
He was joined by Orna Ni-Chionna and Cath Keers as non-execs a month later.

Duncan joined in 2006 from US-based Westinghouse Electric Company, where he
had served as CFO.

He began his career at Deloitte & Touche, and qualified with the ICAEW in
1985.

Further reading:

Sheldrick
to take audit committee role at Fenner

Audit
Commission suspends search for chief executive

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