Deutsche Post Executive to Leave After Profit Warning -Manager Magazin
June 11 2018 - 12:15PM
Dow Jones News
--Deutsche Post's Juergen Gerdes, who previously led the
company's post, e-commerce and parcel division, is set to leave the
company, German business publication Manager Magazin reported
Monday, citing company sources.
--The decision follows Deutsche Post's profit warning and the
announcement of a series of measures to remedy declining profits at
the division, which Mr. Gerdes oversaw for many years, Manager
Magazin reports.
--At a supervisory board meeting to be held on Tuesday, Mr.
Gerdes, who currently heads Deutsche Post's Corporate Incubations
division, will be relieved of all duties, according to the
report.
Full story in German: https://bit.ly/2JEzU11
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
June 11, 2018 12:00 ET (16:00 GMT)
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