Royal Mail boss’s pay package soars to £6.9m despite profits slide
Martin Seidenberg, CEO of International Distribution Services, received a pay package of £6.9 million for the year ending March 31, more than triple his previous year's earnings of £2.1 million. This increase followed the £3.6 billion takeover by Czech billionaire Daniel Křetínský, despite Royal Mail's profits falling by 20% to £222 million.
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 23 Jun 2026, 10:53 UTC · Updated 23 Jun 2026, 11:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
Trending
- Daniel Hope contests detention in Supreme Court amid community risk claims
- Melton councillor Ashleigh Vandenberg suspended amid council conflict and campaign launch
- Court learns how a pool game caused deadly pub assault
- Party’s over: Doors close on celebrity artist’s Chapel Street gallery
- Low-key funeral held for giant of the art world David Hockney
- Uber: Rideshare driver and two passengers erupt into heated blow-up in Brisbane



