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TNT MD to retire at end of year

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Express delivery service provider TNT’s UK and Ireland operation will have a new Managing Director (MD) in 2011 after Tom Bell announced he will be retiring at the end of the year.

Alistair Cochrane, TNT Express Services’ Director of Operations, will assume the position of MD on New Year’s Day.

Bell said he was sad to be leaving after more than two decades at the helm, but he feels the company will be in safe hands with Cochrane in charge.

“For the past 21 years I have had the privilege of leading the company to unprecedented success,” he explained.

“We’ve prospered during the boom times and we’ve rolled up our sleeves and fought our way through recessions and economic downturns - emerging stronger each and every time.”

Looking ahead to the future, Cochrane commented: “It’ll be evolution not revolution.

“I want us to increase our revenues, ensure we get the right rate for the right job and optimise our assets.

“Undoubtedly our greatest strength is our people and I am looking forward to leading the best team in the industry to new heights.”

A number of changes are set to be implemented across TNT in the coming years as it works towards its Vision 2015 strategy.

Group CEO Peter Bakker said earlier this month that the internal managerial and operational separation of the business’s Mail and Express arms is “fully on track” to be effective from January 1st 2011 - just in time for Cochrane’s arrival as MD.

Published on Wednesday 24 November by Editorial Assistant

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