Sedláček to step down as head of Czech Post

The head of Czech Post (Česká pošta), Petr Sedláček, has announced the intent to step down as CEO by the end of the year. He informed Interior Minister Martin Pecina of his decision on Friday. Mr Sedláček cited as the reason the fact there was, in his view, not enough political agreement about Czech Post’s future. The firm was previously to have been transformed into a joint-stock company. Some reports have suggested that the Social Democrats have pushed for Mr Sedláček’s departure, but the media reported earlier he has received an offer from another firm.

Author: Jan Velinger