Post Office CEO Nick Read Announces Resignation Amid Horizon Inquiry

Nick Read will step down in March 2025 as he prepares to give evidence in the ongoing Horizon IT scandal investigation.

Nick Read, who has been the Post Office chief executive since 2019, will resign in March 2025.
Read temporarily stepped back from his role in July to focus on the Horizon IT inquiry.
The Horizon scandal involved faulty IT systems that led to the wrongful prosecution of over 700 subpostmasters between 1999 and 2015.
Read's leadership has faced criticism, including accusations of being overly focused on his pay and failing to support wrongfully convicted postmasters.
Neil Brocklehurst, the interim chief operating officer, will serve as acting CEO while Read prepares for the inquiry.