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PostNL CEO Steps Down After 13 Years
Herna Verhagen, long-time CEO of PostNL, steps down amidst market challenges, leaving a mixed legacy despite her groundbreaking role as a female leader.
Dutch
Netherlands
NetherlandsStock MarketLeadershipBusinessCeoCompany Performance
PostnlBpostIngPhilipsVno-NcwVvdRoyal Concertgebouw
Herna VerhagenCorné Van ZeijlSimon Reinink
- What other roles does Verhagen currently hold or has held?
- Beyond PostNL, Verhagen holds board positions at ING and Philips, and previously served on the VNO-NCW and was involved in the VVD's election program. She also serves as a commissioner for the Royal Concertgebouw.
- How has PostNL's stock price performed during Verhagen's tenure?
- While PostNL's stock performance was poor under Verhagen's leadership, experts argue the challenges faced by the postal industry were immense, and other postal companies have similarly struggled.
- What challenges did Verhagen face during her time as CEO of PostNL?
- Verhagen's tenure was marked by a declining number of letters sent and fierce competition in the parcel market, resulting in a 66% drop in PostNL's share value. She also faced criticism for blocking a takeover bid from Bpost in 2016.
- What is the main reason for Herna Verhagen's departure from PostNL?
- Herna Verhagen, CEO of PostNL, is stepping down after nearly 13 years. Despite the company's declining stock price, experts believe few could have managed the challenging postal market better.
- What is the overall assessment of Verhagen's performance as CEO of PostNL?
- Verhagen is lauded for her dedication and expertise, even by those who criticize her decisions regarding PostNL's stock performance. Her legacy includes breaking the glass ceiling as the first Dutch woman to lead a publicly traded company.