Adam Crozier

All you want to know about Adam Crozier

Adam Crozier (born 26 January 1964, Falkirk) is the chief executive of the Royal Mail.[1]. He took up this position in February 2003[2].

Contents

Early life

His father was estate manager for Lord Bute, and his mother was secretary to the Managing Director of The Scotsman. He went to a school in Ayr then Graeme High School a comprehensive school in Falkirk. Brought up on the Isle of Bute[3] he graduated with a Business Organisation BA from Heriot-Watt University.

Career

He had trials for Hibernian F.C. and Stirling Albion F.C. when at school. He joined Pedigree Petfoods as a graduate trainee in 1984. In 1986, he moved to the Daily Telegraph to work in sales.

He formerly worked for advertising agency Saatchi and Saatchi from 1988 becoming joint chief executive with Tamara Ingram in 1995, and was chief executive of the Football Association from 2000 to 2002.[4]

In November 2007, the Daily Telegraph reported[5] that he had received a 26% pay increase in base pay, taking out £1,256,000 in 2007. His achievements in this year included shrinking the workforce by 45,000, and closing 4,600 post offices, with another 2,500 to follow. The goal of this reduction in workforce and in retail outlets was to increase profitability of the corporation (which had made a profit of £537m[2] in 2004/5, dropping to around £300 million in 2005/6, dropping to £233 million in 2006/7, to the point where the corporation was running a £10 million/annum trading deficit in 2007).

In 2008, the BBC reported[6] that Royal Mail's trading position had worsened dramatically to an annual loss of £279 million/yr in financial 2007. Crozier's remuneration almost tripled to £3 million[6].

Personal life

He is married to Annette, whom he met at Saatchis, and they have two daughters (born February 1996 and July 1998).

References

  1. ^ "Profile: Adam Crozier". Royal Mail. Retrieved on 2007-12-18.
  2. ^ a b "BBC NEWS - Business - Royal Mail Delivers Record Profit". BBC News (2005-05-17). Retrieved on 2008-05-23.
  3. ^ "Rothesay (Town of the Week)". Sunday Mail (2000-11-12). Retrieved on 2006-12-10.
  4. ^ "Profile: Adam Crozier", BBC News (2003-09-17). Retrieved on 10 December 2006. 
  5. ^ Richard Alleyne and Gordon Rayner (2008-04-19). "Royal Mail rewarding Adam Crozier's 'failure'- Telegraph". Daily Telegraph. Retrieved on 2008-05-23.
  6. ^ a b "BBC NEWS - Business - Mail Boss gets £3m in Pay Packet". BBC News (2008-05-23). Retrieved on 2008-05-23.

External links

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