FedEx Board Member David Steiner Named USPS Postmaster General

David Steiner, former Waste Management CEO and current FedEx board member, has been appointed as the 76th U.S. Postmaster General, set to formally join USPS in July pending background and ethics checks. His appointment comes as the Postal Service faces significant financial challenges, with the USPS Board of Governors and chair Amber McReynolds expressing confidence in Steiner’s leadership, vision, and experience to guide the agency’s long-term mission and restructuring efforts. Steiner’s close ties to FedEx, a major USPS competitor, have drawn criticism from union leaders who view his selection as a conflict of interest and a potential step toward privatization of postal services. Steiner has acknowledged the importance of maintaining USPS as an independent establishment and expressed his commitment to working collaboratively with unions, employees, and stakeholders to improve the organization. His predecessor, Louis DeJoy, resigned amid controversies including workforce reductions and management criticisms. Meanwhile, FedEx's stock is viewed positively by analysts, suggesting growth potential despite Steiner's departure from its board to lead USPS.