Her father retired as a vice president for sales and marketing in the direct mail division of the Banta Corporation, the commercial printers based in Menasha, Wis.
The mail division is also being lined up for disposal, but Hays wants to build up a network of profitable new services before a buyer is sought.
At TNT, a Dutch postal operator, shareholders won a battle to get the firm to separate its express business from its mail division, but the company added unpopular anti-takeover mechanisms to the express part.
Deutsche Post Names Chief FRANKFURT — The supervisory board of Deutsche Post named Frank Appel, head of its logistics and international mail division, as chief executive on Monday, succeeding Klaus Zumwinkel, who resigned during a tax evasion inquiry.
Hays shares have fallen 13% since the group, which is turning itself into a recruitment specialist, disclosed earlier this month that it might dispose of its unwanted mail division via flotation rather than a trade sale.
Despite Rusal's recent debt-restructuring agreement with foreign creditors, stockmarket officials want more information about the loans the firm has attained from Russian banks.The boss of TNT, a Dutch logistics company, said pressure from investors for it to split its well-performing express-delivery business from its mail division was "disruptive".
"We realized that being a national postal provider was an endangered business, that we had to redefine the role of postal providers in a digital world," said Clemens Beckmann, executive vice president of innovation of the German post office's mail division.
For instance, on April 14th it announced that it had bought a 10% stake in GF-X, an online exchange for global air freight in which both Lufthansa Cargo and British Airways have also invested.The financial results also reveal that almost 90% of its euro1.12 billion profit came from the corporate mail division that accounts for only half of its turnover.
"I've heard DoubleClick is shooting for $5 million in revenue for its mail division next year.
24/7 Media's mail division, 24/7 Mail, reports revenue separately because it accounts for as much as 11% of the company's sale as of the third quarter.
