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The Nexus
BUSINESSJun 23 · 10:53 UTCTHE GUARDIAN WORLDMark Sweney

Royal Mail boss’s pay package soars to £6.9m despite profits slide

Martin Seidenberg, CEO of Royal Mail’s parent company International Distribution Services (IDS), received £6.9m in pay and bonuses in the year to March 2023, a significant increase from £2.1m the previous year, despite the group’s profits falling by 20%. The payout occurred after the takeover of the UK postal service.

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Martin SeidenbergpersonRoyal MailorganizationInternational Distribution ServicesorganizationUK postal serviceorganizationpay packagetopicprofits slidetopic
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