The owner of Royal Mail has appointed a new chief executive, who will seek to turn around its fortunes after last year’s long-running industrial dispute helped push the group to a £748m loss.
The first thing on the to-do list for Martin Seidenberg as head of International Distributions Services (IDS) will be finding a new Royal Mail chief executive, two months after Simon Thompson said he would step down after two-year battle with the postal workers’ union.
