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DHL finally got something right...

shooter

Call me the Tumblin' Dice
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May 13, 2006
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7,941
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jail?
Deutsche Post AG (DPW GY): Chief Executive Officer Frank Appel plans to replace John Mullen, head of the DHL Express delivery unit, the Financial Times Deutschland reported, without citing anyone.
Mullen will be replaced as part of a leadership reshuffle that includes Chief Financial Officer John Allan, who Deutsche Post has said will leave June 30, the newspaper said in excerpt. Hermann Ude, a confidant of Appel and head of Deutsche Post’s freight unit, is expected to succeed Mullen. Deutsche Post stock fell 25 cents, or 2.1 percent, to 11.66 euros.

http://www.bloomberg.com/apps/news?pid=20601100&sid=asgBVmpk3g8U&refer=germany
 

inplaneview

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>7500
Deutsche Post AG (DPW GY): Chief Executive Officer Frank Appel plans to replace John Mullen, head of the DHL Express delivery unit, the Financial Times Deutschland reported, without citing anyone.
Mullen will be replaced as part of a leadership reshuffle that includes Chief Financial Officer John Allan, who Deutsche Post has said will leave June 30, the newspaper said in excerpt. Hermann Ude, a confidant of Appel and head of Deutsche Post’s freight unit, is expected to succeed Mullen. Deutsche Post stock fell 25 cents, or 2.1 percent, to 11.66 euros.

http://www.bloomberg.com/apps/news?pid=20601100&sid=asgBVmpk3g8U&refer=germany

A dime late and a dollar short.
 

ABXbooger

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Mar 9, 2003
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477
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8000
What was his severance package?

I want a job where I can screw up constantly, lose my company BILLIONS of dollars and untold customers going forward and still walk away with millions of dollars...
 

bukakke

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they never seem to get it right, just another brick in the wall of errors
 

FreightBumper

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Oct 24, 2006
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Deutsche Post AG (DPW GY): Chief Executive Officer Frank Appel plans to replace John Mullen, head of the DHL Express delivery unit, the Financial Times Deutschland reported, without citing anyone.
Mullen will be replaced as part of a leadership reshuffle that includes Chief Financial Officer John Allan, who Deutsche Post has said will leave June 30, the newspaper said in excerpt. Hermann Ude, a confidant of Appel and head of Deutsche Post’s freight unit, is expected to succeed Mullen. Deutsche Post stock fell 25 cents, or 2.1 percent, to 11.66 euros.
http://www.bloomberg.com/apps/news?pid=20601100&sid=asgBVmpk3g8U&refer=germany
I bet he's glad hete isn't involved with his severance.
 

shooter

Call me the Tumblin' Dice
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jail?
Mullen may have been involved organizing his own severance. Lets see if he pops up in some international position with UPS.
 

flyinboxes

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246
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5000
Mullen may have been involved organizing his own severance. Lets see if he pops up in some international position with UPS.

We can only hope. I had my buddy put in a letter of rec for Mullen at UPS. Good luck Johnny. How much money you got UPS?
 

mxer

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Dec 15, 2007
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That would be the best thing that could happen for Wilmington. First give him a tour of UPS, then send him down to Memphis. We will be hiring by April as the only shipping airport left.
 

abxaviator

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Aug 12, 2002
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8,000
What a coincidence!

"FedEx & UPS Prices for New Year

FedEx and UPS are ringing in the new year with price increases. Starting Monday, FedEx is hiking rates for its ground and home delivery service by 6.9 percent. It is also changing its counter rates. UPS is increasing its ground rates by an average of 5.9 percent. Air and International services will increase about 5 percent. This is the largest rate increase ever instituted by either company."
 

sqwkvfr

Baseball junkie
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Dec 20, 2003
Posts
1,673
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a lot
Deutsche Post AG (DPW GY): Chief Executive Officer Frank Appel plans to replace John Mullen, head of the DHL Express delivery unit, the Financial Times Deutschland reported, without citing anyone.
Mullen will be replaced as part of a leadership reshuffle that includes Chief Financial Officer John Allan, who Deutsche Post has said will leave June 30, the newspaper said in excerpt. Hermann Ude, a confidant of Appel and head of Deutsche Post’s freight unit, is expected to succeed Mullen. Deutsche Post stock fell 25 cents, or 2.1 percent, to 11.66 euros.

http://www.bloomberg.com/apps/news?pid=20601100&sid=asgBVmpk3g8U&refer=germany

Any bets that this move is a prelude to a sale? My mom (just bailed from mgmt at DHL USA) thinks that this is the first step.
 
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