Wolfgang Baier abruptly quits SingPost
Move sparks speculation that the postal services chief may have been poached by a global firm in a similar space
Singapore
OVERNIGHT delivery: shock resignation from local corporate darling. Singapore Post's (SingPost) head honcho Wolfgang Baier said on Thursday evening that he was quitting the mainboard-listed company, catching investors by surprise and leaving the group scrambling to name a successor.
His abrupt move has sparked speculation that Dr Baier, known for transforming SingPost from a staid mailman into an e-commerce logistics player, may have been poached by another global firm in a similar space.
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