Former Exel boss John Allan to retire

Commercial Motor
January 12, 2009

Deutsche Post World Net (DPWN) chief financial officer John Allan will prematurely retire on 30 June.

He has been with Deutsche Post since it acquired Exel in December 2005. At that time he was CEO of Exel, a position he took up following the merger of Exel and Ocean in 2000. Prior to the merger he had been CEO of Ocean since 1994.

After DPWN's takeover, he assumed the role of management board member in charge of the logistics division, before being promoted to his present role in December 2007.

Following his retirement, Allan will remain involved with the group as a senior adviser to CEO Frank Appel. His successor is yet to be named.

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