Deutsche Post Plans Dedicated E-Commerce Unit

   By Max Bernhard

Deutsche Post AG (DPW.XE) said Monday that it plans to create a dedicated international parcel and e-commerce division to drive growth in the booming sector.

The new division, eCommerce Solutions, will be headed by Ken Allen, who oversees customer solutions and innovation, the German postal company said.

Deutsche Post's international parcel and e-commerce business was previously part of the Post - eCommerce - Parcel, or PeP division, which will focus on post and parcel operations in Germany in the future, it said. The PeP unit will be renamed Post & Paket Deutschland.

The company said John Pearson will take over the board mandate for DHL Express.

All changes are effective Jan. 1, Deutsche Post said.

Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard

(END) Dow Jones Newswires

September 17, 2018 06:35 ET (10:35 GMT)

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