SUMMARIES OF RECENT
USPS NEWS RELEASES
PMG Seeks Reimbursement for Services Rendered
Postmaster General Jack Putter told Congress the Postal Service is taking "aggressive
and successful" actions to manage costs, but there is a need for appropriations
in defined areas. He said, however, that USPS has no intention of seeking any
general taxpayer subsidies.
Potter said USPS is requesting appropriations in three distinct areas for fiscal
year 2003. The first is $29 million for revenue forgone reimbursements - the
10th payment in a series of 42 annual payments. These funds pay for a portion
of the postage fur reduced rate mail handled in the past.
Second is $31 million for free mail for the blind and overseas voting materials.
The third element of the request is $928 million for the remaining balance of
the total authorized amount of revenue foregone reimbursement. These funds would
be used to restart frozen capital projects, such as building new post offices.
Potter thanked lawmakers for the $500 million Congress appropriated for USPS
to enhance mail security. And he acknowledged the $175 million provided by the
White House in October to meet immediate needs to protect employees, customers
and the mail.
PMG Appoints Two New Officers
Postmaster General Jack Potter announced the appointments of Ralph Moden as
vice president, Strategic Planning and Robert Pedersen as vice president, Treasurer.
Moden has an extensive background in Operations and has served in numerous
field and headquarters positions, which uniquely qualifies him fur his new position.
In his new rule, Moden reports directly to the PMG and will be responsible for
coordinating the development of plans and analyses contributing to the establishment
of the strategic direction of the Postal Service. Additionally, he is overseeing
the development of the Comprehensive Transformation Plan, which is due to Congress
Pedersen has an extensive background in finance, having worked as an economist,
investment officer, and debt manger in previous positions. As vice president,
Treasurer, Pedersen reports to the Chief Financial Officer and is responsible
for managing the Postal Service's cash flows and debt. In addition, he will
oversee Bank Secrecy Act compliance, business evaluation activities and the
new audit response function with Finance.
USPS Readies Transformation Plan
USPS will submit a transformation plan - a blueprint document detailing the
future vision of the Postal Service- to Congress on April 4, said Board of Governors
Chairman Robert Rider at the Board's monthly public meeting. Rider said the
plan "will provide the framework fur how the Postal Service of the future will
be reformed and revitalized to meet the changing needs of our customers over
the next 10 to 20 years. It is clear to all of us that the time for debating
the need for reform is past?
Congress and the General Accounting Office requested that USPS create a comprehensive
transformation plan outlining how USPS intends to transform itself in the face
of changing global markets, increased competition from new technologies and
the need to deliver mail to an ever-increasing number of addresses.
In other news, it was announced that after an extensive review of its Internet-based
services, USPS will discontinue its secure online messaging service, PosteCS.
USPS is continuing to review current eCommerce services. A transition plan will
minimize any inconvenience current PosteCS users may encounter.