Post Office CEO Nick Read prefers teams of \u2018younger, deferential males\u2019, inquiry told -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeworld24.com\/post-office-ceo-nick-read-prefers-teams-of-younger-deferential-males-inquiry-told\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Post Office CEO Nick Read prefers teams of \u2018younger, deferential males\u2019, inquiry told -\" \/>\n<meta property=\"og:description\" content=\"A former Post Office finance chief has said the company\u2019s chief executive, Nick Read, prefers to work with teams of \u201cyounger, deferential males\u201d, with very few senior roles held by female colleagues. 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A former Post Office<\/a> finance chief has said the company\u2019s chief executive, Nick Read, prefers to work with teams of \u201cyounger, deferential males\u201d, with very few senior roles held by female colleagues.<\/p>\n

Alisdair Cameron, who officially left the company in June after a year of sick leave, provided his view on the culture at the Post Office in response to the public inquiry into the Horizon IT scandal<\/a>.<\/p>\n

He was asked for his view on a newspaper article that alleged that Read oversaw a \u201cculture of misogyny\u201d.<\/p>\n

\u201cIt has seemed to me, and I have raised this with Nick, that he is instinctively more comfortable with a team of younger, deferential, male colleagues \u2013 who are often also talented, enthusiastic and hard-working. By contrast very few senior and independent-minded colleagues, especially female colleagues, have thrived at Post Office Ltd, and a number have been paid off and left the business,\u201d Cameron said in written evidence.<\/p>\n

A former chief people officer at the Post Office, Jane Davies, has previously accused Read of bullying. An investigation by an independent barrister cleared him on all counts of misconduct.<\/a><\/p>\n

In April, the Post Office said Read had \u201cthe full and united backing of the board\u201d. Read, who took charge in 2019, temporarily stepped back from his role in July to give his \u201centire attention\u201d to preparing for his appearance next week. He now plans to step down next year<\/a>.<\/p>\n

Cameron, who joined the Post Office in 2015, said Read first raised the matter of the chief financial officer\u2019s departure in early 2021, with a plan for him to leave by the end of June that year.<\/p>\n

\u201cHe did not give me any reasons for this, but he was clear that it was not a reflection on my performance and that the Post Office would reach a financial settlement with me,\u201d Cameron said. \u201cIn my experience, it is not unusual in the commercial world for chief executives to want to recruit their own teams. Indeed, even within the Post Office, many executive colleagues had previously received settlements to leave the business.\u201d<\/p>\n

Cameron subsequently raised a grievance and, when Read was unable to secure a financial settlement, he asked him to stay on.<\/p>\n

\u201cI remained open and supportive of Nick for the remainder of my employment. He was largely reluctant to share his personal views or opinions, although he could be very negative about colleagues,\u201d the former CFO said.<\/p>\n

Cameron said that, from late 2022, he felt issues he had raised \u2013 including deducting pay from post office operators to cover trading shortfalls, governance problems, the lack of a cost-cutting programme and difficulties with replacing the Horizon IT system \u2013 were \u201cnot being tackled\u201d.<\/p>\n

\u201cThere was a lot of resentment I was asking those questions,\u201d he said, telling the inquiry that one senior executive told him to \u201cmind my own business\u201d.<\/p>\n

skip past newsletter promotion<\/a><\/p>\n

\u201cI <\/strong>didn\u2019t like working in an atmosphere where I couldn\u2019t do my full role. <\/strong>I felt that we were not fighting hard enough to improve the business and get adequate support from [the government],\u201d Cameron added.<\/p>\n

He was signed off sick after he was told his position was \u201cuntenable\u201d, with his last day in the office on 7 May 2023.<\/p>\n

Cameron agreed a financial settlement of \u00a3500,000, the equivalent of two years\u2019 salary, excluding benefits.<\/p>\n

Earlier on Wednesday, the postal minister, Gareth Thomas, admitted<\/a> that post office operators affected by the Horizon scandal<\/a> would not all receive payouts by the March 2025 deadline called for by the campaigner Sir Alan Bates.<\/p>\n<\/div>\n<\/div>\n

Source: www.theguardian.com<\/p>\n","protected":false},"excerpt":{"rendered":"