Adam Crozier

DEFINITION of 'Adam Crozier'

The CEO of British broadcaster ITV. Crozier is also a former CEO of the UK's Royal Mail from 2003 to 2009 and the Football Association (FA) from 1999 to 2002. At FA, his marketing plan skyrocketed the company's revenue in just two years. At the Royal Mail, his job was to prepare the unprofitable company for postal deregulation, when it would no longer be a government monopoly. He achieved this goal, although partly through cutbacks in employees and mail deliveries.

BREAKING DOWN 'Adam Crozier'

Born in Scotland in 1964, Crozier began his career with pet food company Pedigree in 1984. He then worked at the Daily Telegraph and at advertising agency Saatchi & Saatchi before joining the Football Association, England's governing body for soccer.

RELATED TERMS
  1. Accelerated Reply Mail - ARM

    An expedited delivery of business reply mail offered by the U.S. ...
  2. Direct Mail

    A credit card offer targeted at a specific consumer and sent ...
  3. Mail Or Telephone Order Merchandise ...

    A regulation that controls businesses that sell products over ...
  4. Legal Monopoly

    A company that is operating as a monopoly under a government ...
  5. Deregulation

    The reduction or elimination of government power in a particular ...
  6. Address Hygiene

    The precision and purity of postal addresses on a mailing list. ...
Related Articles
  1. Investing

    What CEOs Actually Do

    CEOs are responsible for the overall operation of a business, and are usually elected by shareholders and the board of directors.
  2. The Bottom Line

    You can become your own FA – but you have to be willing to put in some time and effort. It’s important that you understand the various types of retirement accounts and investment ...
  3. Savings

    Check The Mail

    Think “junk mail” coupons are for the birds? Think again. More than half of consumers say they prefer receive coupons in the mail, according to a 2014 Valassis Shopper Marketing Report. ...
  4. Economics

    How & Why Companies Become Monopolies

    Without competition, monopolies can raise prices and lower quality leaving consumers little choice. But monopolies can benefit consumers as well.
  5. Investing News

    The U.S. Postal Strike of 1970

    The U.S. Postal Strike, which took place in March 1970, included 210,000 strikers. It was brought on by what the workers perceived as low wages, poor working conditions and meager benefits. The ...
  6. Stock Analysis

    How Royal Dutch Shell Makes Money (RDS-A)

    How does an oil company dominate the world? Following Royal Dutch Shell's business model probably wouldn't hurt.
  7. Personal Finance

    Early Monopolies: Conquest And Corruption

    This structure can be very effective, but it is also known for its abuse of power.
  8. Economics

    What Happens in Deregulation?

    Deregulation is the removal of government oversight in a particular industry, market or economy.
  9. Personal Finance

    Justifications For High CEO Pay (AAPL, GE)

    CEOs tend to command sky-high salaries in America. Companies cite a number of reasons for this, but they don't always ring true.
  10. Professionals

    Mailing Instructions

    All confirmations and statements will be sent to the customer’s address of record. Statements and confirmations may be sent to an individual with power of attorney if the duplicates are ...
RELATED FAQS
  1. Are monopolies always bad?

    Learn why governments sanction some monopolies, such as monopolies over public utilities, and why these monopolies are good ... Read Answer >>
  2. Are there any legal monopolies in America or Europe?

    Legal monopolies continue to exist in the United States and Europe despite the current trend against their recognition and ... Read Answer >>
  3. Has deregulation helped or hurt the profitability of companies in the telecommunications ...

    Read about the impact of deregulation on the U.S. telecommunications sector, particularly with regards to the profits of ... Read Answer >>
  4. I get multiple mailings to my house from companies that my spouse, children and I ...

    It's not uncommon for there to be more than one investment account holder in one household. If multiple members of your household ... Read Answer >>
  5. How does a change in CEO impact stock price?

    Learn what effect hiring a new CEO has on the value of a company's stock. Explore which factors are most likely to influence ... Read Answer >>
  6. What are common examples of monopolistic markets?

    Discover what causes real instances of market monopoly, how it persists and where monopoly privilege is most common in the ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center