At Friday morning’s U.S. Postal Service Board of Governor’s meeting, Chairman of the Board Mickey Barnett announced that Postmaster General Patrick Donahoe would be retiring from the Postal Service, effective February 1, 2015. Chairman Barnett also announced that the PMG Donahoe’s successor will be Chief Operations Officer Megan Brennan, making her the first female Postmaster General in the history of our national postal system. NAPUS Government Relations Director Bob Levi was present at the Board meeting and reported that many of those in attendance provided PMG Donahue a standing ovation. During his address to the Board, the the PMG reflected on his 39 years of USPS service and the sacrifices that his family made in support of his dedication to the government agency. NAPUS looks forward to working in collaborative fashion with the incoming Postmaster General, as we have done in the past.
Also, the Board meeting covered USPS finances and the projected budget for 2015. In part, Chief Financial Officer Joseph Corbett reported on an improvement in USPS financial solvency and revenue growth; however, he also expressed concern over increasing expenses attributable to inflation and contractual obligations. In addition, he referenced the Postal Regulatory Commission’s order that the one-year old exigent rate increase would end in July 2015, and this lapse would have a revenue impact. Chief Operations Officer Brennan reported on USPS improvement in meeting its delivery standards.