CEO Kunz leaves La Poste
Bern, Switzerland (GenevaLunch) – La Poste chief, Michel Kunz, is leaving after less than eight months on the job. He will be replaced by the current head of Postfinance, Juerg Bucher, La Poste announced late 14 December. The official reason for the separation was “differences of opinion on fundamental matters”.
The Swiss post office has been losing money for years, and revenues were down 16 percent in the first six months of 2009. Kunz had suggested a mailbox fee as a way out, but the idea was quickly and publicly repudiated by the government.
Background: “Post office profits down in first six months“, 28 August 2009, GenevaLunch
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 15 December 2009.
Filed under: Business
Tags: Bern, Juerg Bucher, La Poste, Michel Kunz