https://www.cbsnews.com/news/louis-dejoy-trump-republican-donor-usps Mr. Partenheimer said the Postal Service’s monthly payroll exceeded $4 billion, and total annual spending with suppliers exceeded $12 billion. He was most recently chief executive officer of the XPO Logistics supply chain business in the Americas (retired as of December 7, 2015). The Postal Service paid XPO Logistics and its subsidiaries about $14 million over the past 10 weeks, compared with $3.4 million during the same time frame in 2019 and $4.7 million in 2018. They emerged on the same day that the House Oversight Committee issued a promised subpoena for documents that the panel has said Mr. DeJoy is withholding from Congress, including information about his personal financial affairs. A jury in Tennessee awarded $1.5 million in 2013 in a sexual harassment and retaliation lawsuit against New Breed Logistics, a company run until … Postal Service Poses Grave ; Louis DeJoy Wikipedia 2020. Louis DeJoy made $248,489 in total compensation as Independent Director at XPO Logistics Inc in 2017. Postmaster General Louis DeJoy Bio, Net Worth, Salary, Wife ; Who is Postmaster General Louis DeJoy? The figures, obtained by The New York Times from a public records request, shed new light on the extent to which the company where Mr. DeJoy was a top executive — and in which he still has a substantial amount of money invested — is intertwined with the agency he now runs, fueling questions about a potential conflict of interest. To view more detailed proxy data including previous years contact our sales team. This covers all compensation that don't fit in any of these other standard categories, Data powered by ERI's Executive Compensation Assessor. scales down and performs less of its own service, it will benefit companies that deliver packages to people’s doors, not XPO,” the company said in a statement on its website. contracts.”. Louis DeJoy made $248,489 in total compensation as Independent Director at XPO Logistics Inc in 2017. Inline Feedbacks. Louis DeJoy Divests From Former Company That… Subscribe. DEJOY: Louis DeJoy, CEO of New Breed Corporation, poses in the company's Greensboro werehouse on Friday, 12/3/04. On Wednesday, Representative Carolyn B. Maloney, Democrat of New York and the chairwoman of the House Oversight Committee, issued a subpoena for Postal Service documents related to mail delays and Mr. DeJoy’s communications with the Trump campaign. He is a past member of the board of trustees of Moses Cone Health System in North Carolina, and was an appointee to the President's Commission on White House Fellowships. In the following two weeks, he brought on four people who had previously worked at his companies to be his chief of staff, executive administrator and senior executive advisers at USPS. Louis DeJoy is the 75th Postmaster General of the United States and the Chief Executive Officer of the world’s largest postal organization. It placed a deadline of noon on Sept. 16 for Mr. DeJoy to turn over the documents. It is comprised of yearly Base Pay and Bonuses. Postmaster General Louis DeJoy has come under scrutiny for his continued financial ties to XPO, a $16 billion logistics firm. Prior to joining the Postal Service, he spent more than 35 years growing and managing a successful nationwide logistics company. |
“The contracting officers making contracting decisions about work with XPO are many levels below the C.E.O. They have blamed Mr. DeJoy, a Republican megadonor and an ally of Mr. Trump’s, for making cost-cutting changes at the agency that have coincided with a slowdown in mail deliveries. Louis DeJoy is Postmaster General/CEO at (US)Postal Service. This information is derived from proxy statements filed for the 2017 fiscal year. In response to calls from Democrats in Congress for an investigation, the Postal Service’s inspector general has opened an inquiry into Mr. DeJoy’s operational changes and his personal finances, including his ownership of XPO stock. Salaries at the postal service are paid through money earned from operations, and tax dollars do not directly subsidize these expenses. Longtime Trump ally and fundraiser Louis DeJoy will serve as the new postmaster general for the US Postal Service, the USPS Board of Governors announced Wednesday. USPS Phone numbers. Postal Service at a time when mail-in voting is central to the presidential election. Mr. DeJoy is a member of the boards of trustees of Elon University and the PGA Wyndham Championship, and serves on the board of directors for The Fund for American Studies in Washington, DC. These facts are cause for worry, but postal workers should be even more alarmed at his 35 years’ experience in labor He still holds at least a $30 million stake in the company, which has ramped up its business with the Postal Service since he took the helm at the agency. This information is derived from proxy statements filed for the 2017 fiscal year. In testimony before Congress last week, Mr. DeJoy said he took his ethical obligations seriously and had fully complied with federal ethics rules. Previously, he led New Breed Logistics as its chairman and chief executive officer from 1983 until XPO Logistics acquired New Breed in 2014. DeJoy is in charge of fundraising for the Republican National Convention in Charlotte. “It’s a very, very small part of the Postal Service business I have nothing to do with.”. View all comments. See Louis DeJoy's compensation, career history, education, & memberships. The documents also show that DeJoy’s base salary as postmaster general is $303,460. $75,000 was received as Total Cash, $173,489 was received as Equity and $0 was received as Pension and other forms of compensation. https://heavy.com/news/2020/08/louis-dejoy-postmaster-general Documents obtained through a public records request showed the degree to which XPO Logistics, Postmaster General Louis DeJoy’s former employer, is intertwined with the agency he now oversees. In a statement, XPO sought to minimize its ties to the Postal Service, which industry analysts say comprises only a sliver of the company’s overall business. Judge approves deal to expedite Georgia runoff ballots. “I have a significant investment in XPO Logistics, which I vetted before with the ethics department of the Postal Service, and I was given specific types of guidelines that I needed to adhere to,” he testified. $248,489 $75,000 In 2007, Congress set the postmaster general's salary at $186,000, which rose to $265,000 in 2008. DeJoy started as postmaster general on June 15. Powered by ERI's Executive Compensation Assessor®, Chairman of the Board and Chief Executive Officer, Director, President and Chief Executive Officer, Chief Executive Officer and Chairman of the Board, Director, Chief Executive Officer and President, 2015 - 2017
“If the U.S.P.S. Postal Service competitors and contractors," reads the meme's … on the organization chart.”, Mr. DeJoy, he added, was “prohibited by the government ethics rules from any involvement with XPO’s U.S.P.S. Lastest "Louis DeJoy" News. During that time, he grew the company from a small, regional operation to a leading U.S. provider of highly engineered, technology-driven contract logistics solutions. The documents also show a surge in revenue for XPO from the Postal Service since Mr. DeJoy took over on June 15. Louis DeJoy earned $248,489 in total compensation as Independent Director at XPO Logistics Inc in 2017, according to the Economic Research Institute. He was appointed in May 2020 by the Board of Governors ... en.wikipedia.org. $75,000 was received as Total Cash, $173,489 was received as Equity and $0 was received as Pension and other forms of compensation. Notify of . He served as the chief executive of the company’s supply chain business until 2015 and was a board member until 2018. Contact us to find out more about the compensation structure for, The following Interpublic Group (IPG) board members are connected to Mr. Louis DeJoy. Postmaster General Louis DeJoy, a longtime Republican donor, controls the U.S. Postmaster General Louis DeJoy, a top donor to President Trump's election campaign and the former head fundraiser for the Republican National …
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