Deutsche Post names Tobias Meyer CEO from 2023

By:

Updated: Dec 8, 2021, 10:52 GMT+00:00

BERLIN (Reuters) - Deutsche Post said on Wednesday that Tobias Meyer will take over as new chief executive in May 2023 from long-serving boss Frank Appel, whose contract has been extended until then.

Presentation of a new DHL/Deutsche Post parcel center in Bochum

BERLIN (Reuters) – Deutsche Post said on Wednesday that Tobias Meyer will take over as new chief executive in May 2023 from long-serving boss Frank Appel, whose contract has been extended until then.

Meyer, who has been the head of the German post and parcel division and a member of the group’s management board since March 2019, will lead the global business services unit from July 2022 before becoming the group’s CEO in May 2023, it added.

On Monday, Reuters reported, citing sources, that Appel’s contract, which expires in 2022, was likely to be extended.

“After careful consideration, I have decided not to remain for another full term in office,” Appel said in a statement on Wednesday.

Appel is also the favourite to become the next supervisory board chairman of Deutsche Telekom, two sources close to the matter told Reuters.

(Reporting by Riham Alkousaa, editing by Emma Thomasson)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Did you find this article useful?