Former Australia Post CEO Christine Holgate set to lead rival (Toll) Global Express

ABC reports:

Former Australia Post boss Christine Holgate will lead a rival parcel delivery firm, following her controversial exit from the publicly owned postal service.

Ms Holgate has been appointed as the future chief executive of Global Express, which was part of Toll Holdings but is in the process of being sold to private equity firm Allegro Funds.

In 2015, Japan Post purchased Toll for A$6.5 billion.

Last month, it sold Toll’s Australian and New Zealand logistics and home delivery operations to Allegro for just $7.8 million — that unit will become Global Express.

“It is a new chapter and I’m really looking forward to it,” Ms Holgate told the ABC’s Peter Ryan after her appointment.

“It has been a challenging six months, but there’s a line in the sand now.

“There’s a few things we need to do about the past, but now it’s about looking forward and rebuilding.”

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