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Press Release

CWU outraged at Crozier bonus

3 June 2010

The CWU today (Thursday) reacts with outrage at the news that Adam Crozier received £2.5million in his final year as Chief Executive of Royal Mail.

Dave Ward, CWU deputy general secretary, said: “Postal workers will be outraged by news of Crozier’s salary and bonus.

“Adam Crozier’s bonus came after a year in which he oversaw a national postal strike, lost the confidence of his workforce and then left before the job of modernisation and business transformation was complete.

“Postal workers will be equally horrified at the pay given to other senior executives.

“Adam Crozier’s pension will be the envy of postal workers whose own, much smaller, pension pots are at risk.”

Royal Mail’s annual report is available on their website: www.royalmail.com/portal/rm/content1?catId=23300505&mediaId=23300508#44400259



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