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DX announces business and board reorganisation

DX, the independent parcels, mail and logistics operator, has announced a reorganisation of its business following a wide-ranging operations review. The company is to be split into two Divisions: DX Express and DX Freight.

DX Express will comprise the DX Exchange, DX Secure, the courier operations and mail activities while DX Freight will comprise logistics, DX 1-Man, and DX 2-Man.

DX Express will be headed by Nick Cullen, DX’s existing chief operations officer and DX Freight by Stuart Godman, who is currently chief commercial officer. Both divisional managing directors will report directly to the board.

The company said the reorganisation would allow it greater flexibility in managing costs and improve customer service.

As part of the reorganisation, chief executive officer, Petar Cvetkovic and finance director, Daljit Basi have left the company. James Hayward, FCA, has been appointed as interim chief financial officer.

Bob Holt, chairman of DX, said: “The changes we are making both to the board of directors and to the Group’s operational structure are aimed at supporting business transformation,” he said.

Image credit: DX

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