BREAKING: Controversy envelops Royal Mail as chief executive resigns Read more here 👉 📺 Sky 501, Virgin 602, Freeview 233 and YouTube
Please use Chrome browser for a more accessible video playerThe settlement of that dispute has been listed as a reason for Mr Thompson to leave now.
"The changes we have made, the infrastructure we have put in place, and the agreements negotiated with our trade unions mean that Royal Mail now has a chance to compete and grow," he said. "That is what I have always wanted, and it is now the right time to hand over to a new CEO to deliver the next stage of the company's reinvention."
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