USPS Board Meeting, Annual Financial Results Briefing next Friday

WASHINGTON, Nov. 8, 2013 /PRNewswire-USNewswire/ — The Board of Governors of the U.S. Postal Service will meet Nov. 15 in open session at Postal Service headquarters, 475 L’Enfant Plaza, SW, Washington, DC. The public is welcome to observe the meeting beginning at 8 a.m. in the Ben Franklin Room on the 11th floor. The Board is expected to discuss the following items:

  1. Call to order and remarks of the Chairman of the Board
  2. Remarks of the Postmaster General and CEO
  3. Approval of minutes of previous meetings
  4. Committee reports
  5. FY 2013 10-K and financial statements
  6. FY 2014 Integrated Financial Plan and Financing Resolution
  7. FY 2015 appropriations request
  8. Quarterly service performance report
  9. Approval of Annual Report and Comprehensive Statement
  10. Tentative agenda for the Dec. 10, 2013 meeting
  11. Election of Chairman and Vice Chairman of the Board of Governors
  12. Adjourn

Open session meetings of the Board of Governors are available on live audio webcasts at http://about.usps.com/news/electronic-press-kits/bog/welcome.htm. Three hours after the conclusion of the open session meeting, a recorded audio file will be available for listening. In compliance with Section 508 of the Rehabilitation Act, the audio webcast will be open-captioned.

CFO Briefing
Following the Board’s open meeting on Nov. 15, Postmaster General & CEO Patrick Donahoe and Chief Financial Officer Joe Corbett will host a telephone/web conference call to discuss the financial results in more detail. The call will begin at 1 p.m. ET and is open to the news media and all other interested parties.

How to Participate:
Important Notice: The procedure to join the briefing has changed. To ensure your computer is set up to join the event, click on the link www.webex.com/lp/jointest/ 

Attendee Direct URL:  https://usps.webex.com/usps/onstage/g.php?t=a&d=993503302

If you cannot join using the direct link above, please use the alternate login below:
Alternate URL:  https://usps.webex.com
Event Number:  993 503 302

To join by phone only, dial (855) 293-5496 and enter conference ID: 93813849.

The briefing will also be available on live audio webcast (listen only) at:
http://about.usps.com/news/electronic-press-kits/cfo/welcome.htm.

The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.

 

USPS Board to meet in closed session tomorrow

From the Federal Register:

Board of Governors; Sunshine Act Meeting

DATES AND TIMES: October 22, 2013, at 9:00 a.m.
PLACE: Washington, DC.
STATUS: Closed.

MATTERS TO BE CONSIDERED:
Tuesday, October 22, 2013 at 9:00 a.m.
1. Strategic Issues.
2. Financial Matters.
3. Pricing.
4. Personnel Matters and Compensation Issues.
5. Governors’ Executive Session–Discussion of prior agenda items and Board Governance.

USPS Board to meet in closed session in Kansas City on September 24

The US Postal Service Board of Governors will meet in closed session next month in Kansas City MO. Here’s the Federal Register notice:

DATES AND TIMES:September 24, 2013, at 4:30 p.m., and September 25, 2013, at 9:00 a.m.
PLACE:Kansas City, Missouri.
STATUS:Closed.

MATTERS TO BE CONSIDERED:
Tuesday, September 24, 2013, at 4:30 p.m.

1. Strategic Issues.

Wednesday, September 25, 2013, at 9:00 a.m.

1. Strategic Issues continued.
2. Financial Matters.
3. Pricing.
4. Personnel Matters and Compensation Issues.
5. Governors’ Executive Session–Discussion of prior agenda items and Board Governance.

USPS Board of Governors to Meet May 10

WASHINGTON , April 29, 2013 /PRNewswire-USNewswire/ — The Board of Governors of the U.S. Postal Service will meet May 10 in open session at Postal Service headquarters, 475 L’ Enfant Plaza , SW, Washington, DC. The public is welcome to observe the meeting beginning at 8:30 a.m. in the Ben Franklin Room on the 11th floor. The Board is expected to discuss the following items:

  1. Call to order and remarks of the Chairman of the Board
  2. Remarks of the Postmaster General and CEO
  3. Approval of minutes of previous meetings
  4. Committee reports
  5. Quarterly report on financial performance
  6. Quarterly service performance report
  7. Tentative agenda for the June 18 meeting
  8. Adjourn

Open session meetings of the Board of Governors are available on live audio webcasts at http://about.usps.com/news/electronic-press-kits/bog/welcome.htm. Three hours after the conclusion of the open session meeting, a recorded audio file will be available for listening. In compliance with Section 508 of the Rehabilitation Act, the audio webcast will be open-captioned.

CFO Briefing
Following the Board’s open meeting on May 10, Postmaster General & CEO Patrick Donahoe and Chief Financial Officer Joe Corbett will host a telephone/web conference call to discuss the financial results in more detail. The call will begin at 11:00 a.m. ET and is open to the news media and all other interested parties.

To attend by phone with audio only: dial 866-966-6305 (meeting ID: 2207587).  

To attend the web conference and join with audio:
1) Browse to http://meetingplace4.usps.gov/join.asp?2207587
2) After the MeetingPlace window is open, click the Phone icon (under the Participant List or in the upper right-hand corner).
3) Click Connect Me, validate or update your phone number and click Connect Me again.
4) When the system calls you, press 1 to join.

The briefing will also be available on live audio webcast (listen only) at:
http://about.usps.com/news/electronic-press-kits/cfo/welcome.htm.

 

As the revolving door turns: Obama nominates former Northrup Grumman exec for USPS Board

The White House has announced the nomination of D. Michael Bennett as a member of the Board of Governors of the US Postal Service. Bennett is a former executive of Northrup Grumman, one of the USPS’s biggest contractors, and one which is currently involved in a litigation with the USPS over the failed FSS automation program. More recently, Mr. Bennett has been an executive at BAE Systems, a worldwide arms manufacturer, and one of the US government’s biggest contractors.

Here is the official announcement:

D. Michael Bennett, Nominee for Governor, Board of Governors of the United States Postal Service

D. Michael Bennett is Senior Vice President of Information Management and Chief Information Officer of BAE Systems, a position he has held since 2010. Previously, Mr. Bennett was Vice President and General Manager of the Enterprise Solutions Business Area of BAE System’s Information Solutions Line of Business. He worked at Northrup Grumman, ultimately becoming Vice President for Contracts, Pricing, Procurement and Risk Management for Northrop’s Information Technology Sector in 1999. From 1980 to 1999, Mr. Bennett practiced law in various positions with Northrup Grumman, EDS Corporation, and the U.S. Department of Commerce. He serves on the Board of Visitors of the Howard University School of Business, Vice President of Duke University Alumni Association Board of Directors, and Chair of the Manna Ventures Board of Directors. In 2012, he received the Minority Business Leader Award from the Washington Business Journal. Mr. Bennett received a B.A. from Duke University and a J.D. from The George Washington University Law School.