Nick Read
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Age | 61 |
| Born | Nicholas Jonathan Read; 1964/1965 (age 53–54) |
| Predecessor | Vittorio Colao |
| Movies/Shows | Oceans 7 |
| Bolshoi Babylon | |
| The Condemned | |
| Indira Gandhi: The Death of Mother India | |
| Zazu | |
| 82 | |
| Ewww | |
| I Came By | |
| Scarlet Says | |
| Date of birth | January 1,1964 |
| Nationality | British |
| Education | Manchester Metropolitan University |
| Successors | Margherita Della Valle |
| Term | October 2018 - December 2022 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 466381 |
Nick Read Life story
Nicholas Jonathan Read is a British businessman. He was the CEO of Vodafone from October 2018 to December 2022.
Post Office to send and receive Evri and DPD parcels
... Post Office chief executive Nick Read said the move to offer Evri and DPD services at the counter was " disrupting the mails market to offer greater choice for customers"...
Post Office: Horizon scandal victims offered £600,000 compensation
... Last month, Nick Read, the boss of the Post Office, agreed to return all of his bonus payment for his participation in the inquiry - a total amount of £54,400...
World's oldest post office in Sanquhar finds new owners
... Post Office chief executive Nick Read paid tribute to Dr and Mrs Alam for running the site for the past eight years...
Post Office bosses told to repay mistaken bonuses
... Post Office chief executive Nick Read apologised to MPs on the Business and Trade Select Committee for the error, explaining that the inquiry was originally intended to take just four months...
Horizon scandal: Post Office boss to pay back part of bonus
...By Lucy HookerBusiness reporter, BBC NewsThe chief executive of the Post Office, Nick Read, will return part of his £450,000 bonus for last year, after a rebuke from the chairman of the inquiry into the Horizon computer scandal...
First King Charles 50p coins enter circulation
... The first batch of coins will be given in change to customers buying something in post offices - something its chief executive Nick Read describes as a " tremendous honour"...
Key Post Office deal agreed for future of cash
... Nick Read, chief executive of the Post Office, said: " This agreement provides a continued lifeline to the millions of people and small businesses that rely on cash nationwide...
Post Office scandal: Government to foot bill for postmasters' compensation
... But in a speech in April, its chief executive Nick Read admitted that: " We have to accept that it is the Post Office that caused what for some has been very deep pain...
Post Office bosses told to repay mistaken bonuses
By Ben KingBusiness reporter, BBC News
Post Office bosses have been asked to repay bonuses wrongly paid for completing an inquiry into a scandal that saw hundreds unfairly prosecuted.
Hundreds of sub-postmasters were convicted due to accounting errors caused by the faulty Horizon IT system.
The Post Office annual report incorrectly said The Inquiry chairman had approved the payments.
Business select committee chair Darren Jones said all The Inquiry -related bonuses should be returned.
Post Office chief executive Nick Read apologised to MPs on The Business and Trade Select Committee for the error, explaining that The Inquiry was originally intended to take just four months.
It Then became a statutory inquiry which would take far longer, and would not be completed In Time to trigger the bonuses.
Members of the Post Office 's remuneration committee, which oversees bonuses, used their discretion to pay the bonuses anyway after debating " long and hard" its former chair Lisa Harrington told MPs.
She Said a report from an independent Law Firm was enough to give them " confidence The Inquiry was being supported".
'It was a mistake'However, the reasons for awarding the bonuses were not recorded in The Minutes , a fact which current remuneration committee chair Amanda Burton described as " extremely unfortunate".
And when the Post Office 's annual report for 2021-22 was published, it said The Target of finishing The Inquiry had been " achieved" with " confirmation from Sir Wyn Williams , " The Inquiry chairman - which was wrong.
" Nobody picked up on the wording needing to be updated, " Ms Harrington said.
It was " baffling" how so many people missed it, Post Office chairman Henry Staunton said.
Business committee chair Darren Jones asked: " Many of The Victims of The Scandal will be looking today and hearing your apologies and saying they weren't allowed to apologise for something that turned out to not be their fault, what are the consequences for any of you? "
Chief executive Nick Read replied: " I do think it was a mistake, I don't think there was anything dishonest. "
Former sub-postmaster Chris Trousdale was just 19 when he was convicted for accounting irregularities at his Post Office in the Yorkshire village of Lealholm. He was diagnosed with post-traumatic stress disorder as a result of The Ordeal .
After watching the select committee testimony, He Said : " I think the bonus payments are just part of a wider culture. We need independent bodies to step in and look at these things. It's mindboggling.
" And the trauma and the added distress that is being added on to The Victims when they watch things like this is incomprehensible. It is really difficult to listen to. "
Mr Read said that 30 out of 34 managers had returned the portion of their bonuses awarded for meeting The Target of " inquiry support" which is one of four inquiry-related targets. He personally had paid back £7,000, equivalent to £13,600 before tax and National Insurance, out of a bonus package worth £455,000, He Said .
Mr Jones said he felt that This Was not sufficient, and called on managers to repay the entire portion of their bonuses that related to the Horizon Inquiry.
Related TopicsSource of news: bbc.com
Nick Read Photos
