Take the Train
SBB|CFF|FFS

  GVA Airport
Geneva Airport

Béglé argued Swiss Post International and Finance were key new revenue streams

Update 23:10  Bern, Switzerland (GenevaLunch) - Claude Béglé , chairman of the board of Swiss Post, the Swiss postal system, has resigned following several weeks of political turbulence. He handed in his resignation to the Swiss Federal Council late Tuesday 19 January, effective immediately. Béglé has been under attack from several quarters for his plans to modernize the postal system, especially its expansion abroad, but most recently the attacks have become more personal.

He became chairman of the board in June 2008.

Béglé’s departure brings to four the number of board members to leave in under two months.

CEO Michel Kunz, was dismissed over by the board over differences in strategy in December, then soon after, 22 December, longtime board member Rudolf Hug abruptly quit, citing differences with the new chairman. And 6 January board member Wolfgang Werlé also quit.

Béglé told TSR in interviews Tuesday evening that he had resigned because he felt La Poste would be better equipped to move forward without him. In his official letter of resignation he mentioned defamation and personal attacks as part of his reason for leaving. Media in the Lake Geneva region have also pointed to his isolation as the rare French-speaking area director in a business dominated by Germ n-speakers.

The government has been pushing to deregulate the postal system and two of Béglé’s key reforms have been to increase Swiss Post’s exposure outside Switzerland and to strengthen the financial arm of the group. Both strategies have met stiff resistance. He has argued that in a changing world, with falling postal traffic, the group needs more sources of revenue.

Links to other sites: Le Temps (Fre), La Poste, TSR (Fre)

Posted by Ellen Wallace on 19 January 2010 at 19:59, last updated on 20 January 2010 at 9:32 | permalink
        Post Comment  
 

News story, GenevaLunch, 19 January 2010.

Filed under: Business

Tags: , , , , , , ,

You can leave a response, or trackback from your own site.

We are happy to have your comments, which are approved before they appear: please remember to be courteous and brief. We accept only comments directly related to an article. We do not accept comment spam - messages sent to more than one site. We do not publish comments if the e-mail address is not legitimate. Thank you!

Comments

Older comments

  1. GenevaLunch » Blog Archive » Hasler named to head Swiss Post Says:

    [...] has been named to head Swiss Post, the national postal service, effective immediately. He replaces Claude Béglé, who stepped down from the job abruptly Monday evening 19 January. Several members of the board had resigned under [...]

Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.