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finally they got a CEO to clean up the mess
SingPost appoints Paul Coutts as new Group CEO
By Jude Chan / theedgemarkets.com.sg | December 29, 2016 : 6:29 PM MYT
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SINGAPORE (Dec 29): Singapore Post has appointed Paul William Coutts as its group chief executive officer and non-independent director of the SingPost board, effective June 1, 2017.
Coutts, 60, has more than 20 years of experience in C-suite positions at major global logistics and postal companies, SingPost said in a press release on Thursday.
Since 2013, Coutts had been CEO of Toll Global Forwarding in a global role based in Singapore.
SingPost added that Coutts’ appointment was unanimously approved by the board, and has received all required regulatory approvals.
“Paul is well positioned to provide overall leadership to the transformation of the Group, integrate SingPost's eCommerce logistics platforms and build out a globally competitive business,” said SingPost chairman Simon Israel.
“It is exciting to have the opportunity to lead SingPost through a transformation into an eCommerce logistics company,” said Coutts. “The natural fit of postal services with eCommerce logistics, together with Singapore’s strategic position as a hub, provides a platform to build a world-class business.”
Shares of SingPost closed half a cent higher at $1.47 on Thursday.
SingPost appoints Paul Coutts as new Group CEO
By Jude Chan / theedgemarkets.com.sg | December 29, 2016 : 6:29 PM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language*▼
SINGAPORE (Dec 29): Singapore Post has appointed Paul William Coutts as its group chief executive officer and non-independent director of the SingPost board, effective June 1, 2017.
Coutts, 60, has more than 20 years of experience in C-suite positions at major global logistics and postal companies, SingPost said in a press release on Thursday.
Since 2013, Coutts had been CEO of Toll Global Forwarding in a global role based in Singapore.
SingPost added that Coutts’ appointment was unanimously approved by the board, and has received all required regulatory approvals.
“Paul is well positioned to provide overall leadership to the transformation of the Group, integrate SingPost's eCommerce logistics platforms and build out a globally competitive business,” said SingPost chairman Simon Israel.
“It is exciting to have the opportunity to lead SingPost through a transformation into an eCommerce logistics company,” said Coutts. “The natural fit of postal services with eCommerce logistics, together with Singapore’s strategic position as a hub, provides a platform to build a world-class business.”
Shares of SingPost closed half a cent higher at $1.47 on Thursday.
