Published 09/18/2024 9:19:17 a.m.

Post Office chief executive Nick Read to step down

Post Office Chief Executive Nick Read will resign in March 2025 amid scrutiny over his handling of the Horizon IT scandal, which wrongfully prosecuted hundreds of sub-postmasters.
Read called his role a "great privilege" during a challenging time and emphasized the ongoing efforts for justice and redress for postmasters.
His departure follows criticism from MPs regarding the company's compensation process for those wrongfully convicted due to a faulty accounting system.

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BBC News

Post Office boss to step down from role next year

The chief executive had already stepped back from front-line duties to prepare for the Horizon IT inquiry.

09/18/2024 11:07:42 a.m.·United Kingdom

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The Independent

Post Office chief executive Nick Read set to resign

Mr Read’s leadership previously came under fire from MPs over evidence he gave to Horizon scandal inquiry

09/18/2024 9:21:47 a.m.·London, United Kingdom

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Associated Press News

Britain's CEO of scandal-ridden Post Office will step down next year

The chief executive of Britain’s scandal-ridden Post Office will step down next year. The resignation comes as criticism mounts over the speed of compensation payments to branch managers wrongly convicted of theft or fraud because of a faulty computer system.

09/18/2024 10:32:06 a.m.·United States

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