David Steiner appointed as 76th Postmaster General and CEO of USPS

Investing.com -- The U.S. Postal Service Board of Governors today announced the appointment of David Steiner as the 76th Postmaster General and CEO. Steiner’s appointment is pending the results of necessary background and ethics checks. Upon successful completion of these checks, he is expected to formally join the organization in July.

Steiner will succeed former Postmaster General Louis DeJoy, who resigned in March. The current Acting Postmaster General, Doug Tulino, will return to his permanent position as Deputy Postmaster General and Chief Human Resources Officer.

Amber McReynolds, chair of the Postal Service Board of Governors, praised Steiner as the right choice to lead the Postal Service. She expressed confidence in Steiner’s vision, experience, and skill to meet the long-term mission and business needs of the Postal Service.

Steiner expressed his admiration for the public service and business mission of the Postal Service. He acknowledged the importance of maintaining its role as an independent establishment of the executive branch. Steiner is keen on engaging with the Postal Service’s employees, unions, management associations, industry associations, customers, and policymakers to create a positive path forward.

Steiner served as the President and Chief Executive Officer of Waste Management (NYSE:WM) for 12 years. He led significant changes in the organization, transforming operations and culture, and delivering strong financial results. He also held prior roles within Waste Management, including Chief Financial Officer; Executive Vice President, General Counsel and Corporate Secretary; and Vice President and Deputy General Counsel.

Before joining Waste Management, Steiner was a Partner at the law firm Phelps Dunbar. He serves on several non-profit and educational boards, including the E.J. Ourso College of Business at Louisiana State University. He also serves on the boards of FedEx Corporation (NYSE:FDX), Vulcan Materials (NYSE:VMC), and AMP (OTC:AMLTF), although he will leave the FedEx board before joining the Postal Service.

Steiner holds a Bachelor of Science degree in accounting from Louisiana State University, and a Juris Doctor degree from the University of California, Los Angeles. The selection of the Postmaster General is the responsibility of the Presidentially appointed and Senate confirmed Governors of the U.S. Postal Service Board of Governors. The Board hired global leadership advisory firm Egon Zehnder to conduct the executive search for this position.

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