David Steiner smiles whereas talking on the OPEC Oil Embargo +40 convention hosted by Securing America’s Future Vitality in Washington, D.C., on Oct. 16, 2013.
Joshua Roberts | Bloomberg | Getty Pictures
The U.S. Postal Service Board of Governors mentioned Friday that it had chosen former Waste Management CEO David Steiner as postmaster general.
Steiner, who’s a board member of transport big FedEx, will succeed former Postmaster Normal Louis DeJoy, who resigned in March, and present performing Postmaster Normal Doug Tulino.
Steiner, who is anticipated 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 internet loss of $9.5 billion in 2024
In a press release, Steiner mentioned, “It’s an unimaginable honor to be requested to steer the world’s best
postal group, with a historical past that stretches again earlier than the founding of america.”
“I deeply admire the general public service and enterprise mission of this wonderful establishment, and I consider strongly in sustaining its position as an unbiased institution of the chief department.
Steiner served as CEO of Waste Administration from 2004 by way of late 2016.
USPS mentioned that when Steiner led Waste Administration, Steiner was “credited with main super change within the group, reworking operations and tradition, and delivering sturdy monetary outcomes.”
USPS Board of Governors Chair Amber McReynolds, in a press release, mentioned, “Dave is the correct individual to steer the Postal Service at the moment to make sure this magnificent and historic group thrives into the longer term.”
“Dave is a extremely regarded chief and govt with super imaginative and prescient, expertise and ability that may be utilized to the long-term mission and enterprise wants of the Postal Service.”
FedEx founder and govt chair Frederick Smith praised Steiner, and mentioned in a press release that his “sharp enterprise acumen will likely be key to addressing the numerous challenges dealing with america Postal Service which has misplaced greater than $108 billion since 2007 regardless of receiving billions in taxpayer aid.”