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Nelson quits Parcelforce

27th June 1991, Page 14
27th June 1991
Page 14
Page 14, 27th June 1991 — Nelson quits Parcelforce
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Which of the following most accurately describes the problem?

• Parcelforce managing director Nick Nelson has resigned for personal reasons, according to the Post Office.

Nelson, who was boss of Parcelforce from its launch 18 months ago, is replaced from this week by Peter Howarth, who was assistant managing director Royal Mail.

Howarth takes over at a time when Parcelforce is set to announce a "substantial loss" in the Post Office accounts, published next month. The losses are being eased by axing 550 administration jobs (CM 9-15 May).

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Organisations: Post Office