David Steiner smiles whereas talking on the OPEC Oil Embargo +40 convention hosted by Securing America’s Future Power in Washington, D.C., on Oct. 16, 2013.
Joshua Roberts | Bloomberg | Getty Pictures
The U.S. Postal Service Board of Governors stated Friday that it had chosen former Waste Administration CEO David Steiner as postmaster normal.
Steiner, who’s a board member of delivery large FedEx, will succeed former Postmaster Common Louis DeJoy, who resigned in March, and present performing Postmaster Common Doug Tulino.
Steiner, who is predicted to formally be a part of the USPS in July, will go away the board of FedEx, the place he has served since 2009.
USPS reported a web loss of $9.5 billion in 2024
In an announcement, Steiner stated, “It’s an unbelievable honor to be requested to steer the world’s biggest
postal group, with a historical past that stretches again earlier than the founding of the USA.”
“I deeply admire the general public service and enterprise mission of this wonderful establishment, and I imagine strongly in sustaining its position as an impartial institution of the chief department.
Steiner served as CEO of Waste Administration from 2004 by way of late 2016.
USPS stated that when Steiner led Waste Administration, Steiner was “credited with main super change within the group, remodeling operations and tradition, and delivering sturdy monetary outcomes.”
USPS Board of Governors Chair Amber McReynolds, in an announcement, stated, “Dave is the fitting particular person to steer the Postal Service at the moment to make sure this magnificent and historic group thrives into the long run.”
“Dave is a extremely regarded chief and government with super imaginative and prescient, expertise and talent that may be utilized to the long-term mission and enterprise wants of the Postal Service.”
FedEx founder and government chair Frederick Smith praised Steiner, and stated in an announcement that his “sharp enterprise acumen might be key to addressing the numerous challenges dealing with the USA Postal Service which has misplaced greater than $108 billion since 2007 regardless of receiving billions in taxpayer reduction.”