Neil Lloyd has stepped down as chief executive officer of Yodel, the company has confirmed.
He joined Yodel in February 2013 replacing Jonathan Smith. In a statement, the company said: “We can confirm that Neil Lloyd has stepped down from his role as CEO at Yodel, after two and a half years at the company. Until we find a successor, Keith Basnett, COO, and Tony Grace, CFO, will jointly take on his responsibilities.
“Neil was appointed in 2013, and has used his financial turnaround experience to create a sustainable business which is on target to make a profit this financial year. Having completed his goal, Neil is now looking for a fresh challenge.
“We would like to extend our thanks to Neil for his energy and commitment in the role and wish him all the best for the future,” said Dick Stead, executive chairman of Yodel.