London24NEWS

Heathrow boss Emma Gilthorpe to place her stamp on Royal Mail

Royal Mail has named a senior Heathrow government as its subsequent boss – simply because it hikes the worth of stamps for the third time in a 12 months.

Emma Gilthorpe, who’s the airport’s chief working officer, will be a part of the supply group on May 1, mother or father firm International Distribution Services (IDS) stated.

She will then take over the Royal Mail arm of the enterprise in the summertime.

Gilthorpe succeeds interim boss Martin Seidenberg. 

He took on the function alongside his job as chief government of the broader IDS group final October after embattled boss Simon Thompson give up.

Special delivery: Royal Mail Parent company IDS said Emma Gilthorpe (pictured), will take over as chief exec on May 1

Special supply: Royal Mail Parent firm IDS stated Emma Gilthorpe (pictured), will take over as chief exec on May 1

Thompson left the group simply weeks after he resolved a long-running dispute with unions over pay.

He was additionally beneath stress for lacking supply targets. Royal Mail racked up losses of £319million within the six months to the tip of September 2023.

Gilthorpe’s appointment got here as Royal Mail hiked the worth of its stamps.

The price of a first-class stamp rose by one other 10p yesterday, to £1.35.

Second class stamps additionally went up 10p to 85p. The worth of a first-class stamp has gone up thrice in a 12 months – from 95p to £1.10 in April 2023 after which to £1.25 in October.

It comes at a important juncture for Royal Mail as Ofcom is contemplating its future and the ‘universal service obligation’ to ship letters six days per week.

The business regulator revealed in a long-awaited report in January that an overhaul might see Royal Mail’s letter supply service slashed from six days to 5 – and even three – per week.

Ofcom has since been consulting on the proposals, with a deadline of at this time for responses. 

It will report again its findings in the summertime.

Gilthorpe has labored at Europe’s busiest airport since 2009 and managed Heathrow’s response to pandemic.

She stated: ‘Royal Mail is a great British brand with a long and proud history. ‘Now is the time to ensure it has a successful future too.’