Neopost governance evolves to accelerate the Group's transformation
The Board of Directors of Neopost, a global leader in digital communications, shipping and mail solutions, decided at its meeting on 12 January 2018 to implement the separation of the functions of Chairman of the Group’s Board of Directors and the Chief Executive Officer.
This separation of functions is in line with the commitment undertaken for the General Assembly held on 1 July 2016, and will be effective from 1 February 2018.
Geoffrey Godet is named Chief Executive Officer of Neopost. His principal mission will be to accelerate the Group’s transformation. Denis Thiery is Chairman of the Board of Directors. He will ensure the implementation of the new governance by bringing his in-depth knowledge of the sector and the company.
Denis Thiery, Chairman and Vincent Mercier, Lead Director at Neopost, declared: “The Board of Directors was looking for a candidate with a strong international culture and a broad experience of the new technologies needed for Neopost’s evolution. We found these qualities in Geoffrey Godet who demonstrated his capacity to create innovative solutions to meet companies’ digital transformation needs. His 15-year experience in the USA in the area of software and digital solutions, his leadership and his client focus will enable him to bring a new perspective and a new momentum to transform Neopost.”
Geoffrey Godet added: “I am delighted to join Neopost, a strong international group whose numerous assets, namely its 6,000 employees, its 500,000 customers, its international distribution network and its solid financials, give it great potential. I look forward to meeting the challenges that lie ahead together with the teams in place, so that we can return to sustainable organic growth in the long term.”
How to cut operating costs
Operating costs can be defined as ‘expenses associated with the maintenance and administration of a business on a day-to-day basis’. They can include rent, bank charges and utilities. While the majority of operating costs cannot be reduced solely through internal actions – they often require negotiations...