SUBSCRIBERS

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

Published Thu, Dec 10, 2015 · 09:50 PM

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.

One question now is how quickly SingPost ca…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes