Being a logistics expert, DeJoy was able to provide solutions to some of the biggest companies in the world when other. In 2021, DeJoy made a base salary of $305,681, which along with performance bonuses, totaled $480,985, according to USPS data. 2 billion for 2020,” when DeJoy was appointed,. It was a controversial subject during his. In 2021, that added up to $306,960, roughly what DeJoy earned. Since he became postmaster general, DeJoy, DeJoy-controlled companies, and his family foundation have divested between $65. Since 2007, we have recorded significant net losses each year. Louis DeJoys base salary as postmaster general is $303,460. Fact check: Postmaster general Louis DeJoy invested in competitors. WASHINGTON — Postmaster General Louis DeJoy, who has come under fire for his continuing financial ties to a company that does business with the Postal Service, received $1. Being a logistics expert, DeJoy was able to provide solutions to some of the biggest companies in the world when other people didn. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place. In all, DeJoy earned about as much as President Joe Biden. There have also been additional concerns about DeJoys connections to Bloom after the postmaster general purchased up to $305,000 in bonds from an asset management firm where Bloom serves as a. Postmaster General Louis DeJoy today announced a 3% salary increase for all non-bargaining Postal Service personnel in recognition of “the dedication and accomplishments of our management team in the face of significant challenges” including “a global pandemic and record inflation. Though DeJoy and entities linked to him have divested between $65. Postmaster General Louis DeJoy announced Wednesday that all Executive and Administrative Schedule (EAS) and Pay Band Non-bargaining unit employees will soon receive a 3% salary increase, “regardless of their current salary maximum. This salary is 402 percent higher than average and 376 percent higher than median salary in United States Postal Service. T he US postmaster general, Louis DeJoy, has drawn criticism over changes made to the US Postal Service since Donald Trump appointed him in May 2020, which have included delays in services,. In his role as Postmaster General, DeJoy also serves as a member of the Board of Governors. This salary is 402 percent higher than. Who is Postmaster General Louis DeJoy? Biography, Salary, Net. The Post Office Is Buying Gas. Recent quote by Postmaster General Louis DeJoy states, The U. DeJoy’s annual salary at USPS is estimated at $300,000. His daughter also attended Duke, majoring in music. Postal Service will get a 3% salary raise on their paychecks, Postmaster General Louis DeJoy announced. All non-bargaining employees of the U. Though DeJoy and entities linked to him have divested between $65. DeJoy’s annual salary at USPS is estimated at $300,000. It was a controversial subject during his tenure as U. The postmaster general has committed to spending $40. 3 million worth of XPO shares, according to financial disclosures,. Releasing a statement on Thursday night, a spokesperson for the postmaster general said he had never knowingly violated campaign contribution laws. Louis Dejoy Wiki, Age, Wife, Family, Salary, Net …. CSRS benefits are determined by an employees high-3 average salary multiplied by years of service (with benefits accruing more slowly in the first ten years of service). There have also been additional concerns about DeJoys connections to Bloom after the postmaster general purchased up to $305,000 in bonds from an asset management firm where Bloom serves as a. Postmaster General and Chief Executive Officer. In August 2021, it was revealed that DeJoy actively maintains financial ties to a company, XPO Logistics, a supply chain logistics company that was recently awarded a $120 million contract by the USPS. In 2014, he donated $747,000 to Duke University. Louis DeJoy: Changes made by Postmaster General …. He was appointed by the organizations Board of Governors and began his tenure in June 2020. All non-bargaining employees of the U. DeJoy was CEO of High Point, North Carolina -based New Breed Logistics from 1983 to 2014, and retired after his company was acquired by the Connecticut-based freight transporter XPO Logistics for a reported $615 million. More than a year and a half into President Joe Bidens first term, Louis DeJoy--a megadonor to former President Donald Trump and a villain in the eyes of progressives and many Democratic lawmakers--is still running the U. WASHINGTON — The United States Postal Service has paid about $286 million over the past seven years to XPO Logistics, the former employer of Postmaster General Louis DeJoy. The non-career workforce has remained fairly steady in recent years at 136,000. USPS did not immediately respond to CNN’s request for comment on the hires. Reports estimate that DeJoy’s net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million. In 2nd Capitol Hill appearance, DeJoy rejects accusations of undermining USPS; In Senate testimony, DeJoy denies intent to disrupt mail-in voting; Go Deeper. For the current postmaster general, Louis DeJoy, the top salary is more than $300,000. Much of the criticism of new Postmaster General Louis DeJoy has centered on his $2 million in contributions to the Trump campaign and other Republican causes since 2016. Louis Dejoy in 2021 was employed in United States Postal Service and had annual salary of $303,460 according to public records. His net worth is valued at $110 million. He also received $56,000 in additional benefits. 3 million of XPO shares since he became postmaster general, the Post reports,. View the top 100 highest paid employees for the United States Postal Service (USPS) below. Statement of Postmaster General and Chief Executive Officer Louis DeJoy before the House Committee on Oversight and Reform. USPS boasted that it has committed more than $6 billion in core infrastructure over the last year, part of DeJoy’s. It has been confirmed that DeJoy and his wife Aldona Wos have assets ranging from $30. Postmaster General Louis DeJoy announced on Tuesday that USPS has brought its projected long-term losses down from $160 billion to between $60 billion and $70 billion, driven largely by the. CSRS benefits are determined by an employees’ high-3 average salary multiplied by years of service (with benefits accruing more slowly in the first ten years of service). 3 million to the Republican party and $1. DeJoy, a wealthy former logistics executive and GOP donor, was appointed postmaster general in 2020. DeJoy has at least $30 million invested in XPO Logistics, a USPS contractor that has been paid $14 million by the agency since DeJoy took office in June alone, and receives more than $2 million. That year, his son was accepted to the school and joined the schools tennis team as a walk-on. Since he became postmaster general, DeJoy, DeJoy-controlled companies and his family foundation have divested between $65. Postal Service to transform to meet the needs of our customers is long overdue,” DeJoy said in a presentation of the plan online with other postal officials. USPS Converted 63,000 Non-Career Employees to Permanent Jobs Over the Last Year the agency said in a report marking the one-year anniversary of the unveiling of Postmaster General Louis DeJoy. DeJoy has justified the changes not just on financial grounds but also by noting employees currently work in facilities with poor amenities. Louis DeJoy’s base salary as postmaster general is $303,460. DeJoy as He >Biden Urged to Take Steps to Finally Get Rid of DeJoy as He. Plus DeJoys base salary of $305,681 is the highest ever paid for the top job at USPS, according to a Center for Public Integrity review of the agencys financial disclosures. USPS>Statement of Postmaster General and Chief Executive. USPS looks to shed 50K employees through attrition over 10. By all accounts, the overwhelming majority of his 110 million dollar net worth was made because of his successful business career prior to becoming Postmaster General, as previously mentioned. Thanks to the USPS board of governors, the former North Carolina logistics executive had a compensation package totaling $480,985 for the fiscal year ending Sept. Since he became postmaster general, DeJoy, DeJoy-controlled companies and his family foundation have divested between $65. 3 million of XPO shares since he became postmaster general, the Post reports, his family businesses still. DeJoy’s push for the PSRA follows Democrats holding a special Saturday session of Congress on Aug. 3 million worth of XPO shares, according to. Absent substantial changes, our financial losses will continue to widen, and our ability to invest in the future of the organization will be severely curtailed. That’s a lot of money, even for the most successful businessman. While his position as US postmaster general and CEO earns him a lucrative salary, most of his worth was made during his years in business. WASHINGTON — The United States Postal Service has paid about $286 million over the past seven years to XPO Logistics, the former employer of Postmaster General Louis DeJoy. He anticipates the issues worsening as 31 jobs are set to be eliminated with the mail processing consolidation. The documents also show that DeJoy’s base salary as postmaster general is $303,460. Louis DeJoy on Capitol Hill in February. USPS Plans To Shed 50,000 Jobs To Reach Break Even Point. ” DeJoy, in a memo to USPS officers Wednesday, said the pay increase will go into effect Sept. Additionally, he also gets government services, allowance, and bonuses every year. In 2021, DeJoy made a base salary of $305,681, which along with performance bonuses, totaled $480,985, according to USPS data. Since 2007, we have recorded significant net losses each year. Louis DeJoy remains one of the most controversial United States postmasters general, but he also is one of the highest paid. WASHINGTON — The United States Postal Service has paid about $286 million over the past seven years to XPO Logistics, the. Postmaster General Louis DeJoy unveiled his 10-year strategic plan for the cash-strapped U. This salary is 402 percent higher than average and 376 percent higher than median salary in United States Postal Service. Louis Dejoy in 2021 was employed at United States Postal Service and had an annual salary of $303,460 according to public records. For the current postmaster general, Louis DeJoy, the top salary is more than $300,000. In all, DeJoy earned about as much as President Joe Biden. As of 2020, The net worth of Louis DeJoy is estimated to be US $110 million. The documents also show that DeJoy’s base salary as postmaster general is $303,460. DeJoy Moves to >A True Danger to the Public Post Office: DeJoy Moves to. DeJoy also donated over $1. Reports estimate that DeJoy’s net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million. Louis DeJoy invested in >Fact check: Postmaster general Louis DeJoy invested in. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American Postal Workers Union (APWU) condemned and vowed to fight. Fact check: Postmaster general Louis DeJoy invested in. DeJoy donated $747,000 to Duke University in 2014, funding Blue Devil Tower and the DeJoy Family Club at the football stadium. DeJoy previously served as an executive with XPO, which he sold his previous company of 30 years — New Breed Logistics — to. The announcement comes as part of a restructuring plan put in place by Postmaster General Louis DeJoy, who is targeting non-union management and administrative staff for the so-called reductions. Postmaster General Louis DeJoy says the Postal Service may need to reduce its employee headcount by 50,000 positions, as the agency looks to consolidate its network of facilities that process mail. One controversial figure from Trump’s presidency, however, remains in office: Louis DeJoy, the notorious postmaster general who almost sabotaged mail voting in the fall and continues to gut the. Louis DeJoy Comes Under Scrutiny — Again — As USPS Awards $120 Million Contract To His Former Employer. A full background check might also have revealed DeJoy holdings worth at least $30 million in USPS competitors and contractors. 22, 2020, demanding $25 billion in assistance to USPS while warning the election might not. He received a Bachelor of Business Administration from Stetson University in Florida. DeJoy Allies on Postal Board>Biden Announces Plan to Replace Key DeJoy Allies on Postal Board. DeJoy is a member of the board of trustees at Elon University in North Carolina. USPS did not immediately respond to CNNs request for comment on the hires. Topline. Pool photo by Tom Williams The letters also said the Postal Service had inappropriately committed more than $480 million. Postal Service Postmaster General Louis DeJoy is once again in the crosshairs, as the Washington Post reported Friday the controversial official could profit off a new contract his. Unlike federal cabinet officials, whose pay was capped at $221,400 this year, the board of governors at USPS can set the postmaster general’s salary up to 20% higher than the vice president’s. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement counseling and financial planning services, according to the Postal Service’s newly released 10-K report. You might know him as the Postmaster General, but he has been a businessman for decades prior to his current position. DeJoys staying power in the face of widespread outrage over his sabotage of postal operations and his. DeJoy previously served as an executive with XPO, which he sold his previous company of 30 years — New Breed Logistics — to. T he US postmaster general, Louis DeJoy, has drawn criticism over changes made to the US Postal Service since Donald Trump appointed him in May 2020, which have included delays in services,. Since he became postmaster general, DeJoy, DeJoy-controlled companies, and his family foundation have divested between $65. In February, the White House Council on Environmental Quality sent DeJoy a letter urging USPS to comply with the National Environmental Policy Act after it had committed $480 million to begin. Postmaster General Louis DeJoy unveiled his 10-year strategic plan for the cash-strapped U. Reports estimate that DeJoy’s net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million. DeJoy’s annual salary at USPS is estimated at $300,000. DeJoys primary income source is his job as a United States Postmaster General. DeJoys annual salary at USPS is estimated at $300,000. USPS Workers Concerned About New Policies. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American Postal Workers Union (APWU) condemned and vowed to fight. The claim: Postmaster General Louis DeJoy has $70 million invested in companies that compete with the United States Postal Service President Donald Trump appointed a new postmaster general for. Louis DeJoy needs to resign. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement counseling and financial planning services, according to the Postal Service’s newly released 10-K report. In June, DeJoy also purchased options on Amazon stock that might. generally accepted accounting principles basis, the Postal Service had a net loss of $4. DeJoy has long been a major financial supporter of the Republican Party. Louis DeJoy Would Be out of a Job If He Worked Elsewhere. DeJoy donated $747,000 to Duke University in 2014, funding Blue Devil Tower and the DeJoy Family Club at the football stadium. DeJoy’s investments in the companies were worth more than $15,000 each, more than the limit allowed under federal law, which says government employees cannot hold stocks with a value of more than. louis dejoy; postmaster general; u. Late last month, DeJoy--who has been mired in scandal throughout his tenure as postmaster general-- laid out his plan to cut 50,000 USPS jobs in the coming years, an announcement that also drew backlash from the APWU. Hiltzik: The mystery of who put up Dejoys name for. DeJoys primary income source is his job as a United States Postmaster General. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American Postal Workers Union (APWU) condemned and vowed to fight. Reality Check time: The Utica NY S&DC was officially launched February 25, 2023. Postmaster General says he’s been cleared in federal probe. It has been confirmed that DeJoy and his wife Aldona Wos have assets ranging from $30. Statement of Postmaster General and Chief Executive Officer Louis DeJoy before the House Committee on Oversight and Reform. WASHINGTON — Postmaster General Louis DeJoy, who has come under fire for his continuing financial ties to a company that does business with the Postal Service, received $1. That year, his son was accepted to the school. Thanks to the USPS board of governors, the former North Carolina logistics executive had a compensation package. Postmaster General Louis DeJoy announced Wednesday that all Executive and Administrative Schedule (EAS) and Pay Band Non-bargaining unit employees will soon receive a 3% salary increase, “regardless of their current salary maximum. Why is Louis DeJoy Famous? 75th U. Louis Dejoy Salary Louis DeJoy earned $248,489 in total. 3 million to the Republican Party. Postal Service Has Paid Louis DeJoy’s Former …. Louis DeJoy>Why Biden Can’t Fire Postmaster General Louis DeJoy. Since taking over as postmaster. 2 billion, adding to a decade of losses totaling $66. Postal Service is ten thousand percent better than it was. He earns the basic salary of $291,650 every year. Late last month, DeJoy--who has been mired in scandal throughout his tenure as postmaster general-- laid out his plan to cut 50,000 USPS jobs in the coming years, an announcement that also drew backlash from the APWU. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place. Generates $24 billion in net revenue in part from enhanced package delivery services for business customers, including same-day, one-day and two-day delivery offerings Improves cash flow to allow for investment of $40 billion in workforce, new vehicles, improved Post Offices, technology improvements, and infrastructure upgrades. Louis DeJoy is the 75th Postmaster General of the United States and Chief Executive Officer of the U. Louis DeJoy hired four people who worked for his businesses. In 2021, DeJoy made a base salary of $305,681, which along with performance bonuses, totaled $480,985, according to USPS data. More than a year and a half into President Joe Bidens first term, Louis DeJoy—a megadonor to former President Donald Trump and a villain in the eyes of progressives and many Democratic. The fight to oust Louis DeJoy and his ‘disastrous’ …. DeJoy’s annual salary at USPS is estimated at $300,000. Postmaster General Louis DeJoy >Slower service, higher prices: Postmaster General Louis DeJoy. The documents also show that DeJoy’s base salary as postmaster general is $303,460. DeJoy’s investments in the companies were worth more than $15,000 each, more than the limit allowed under federal law, which says government employees cannot hold stocks with a value of more than. USPS Workers Plead Guilty to Stealing Over. One controversial figure from Trump’s presidency, however, remains in office: Louis DeJoy, the notorious postmaster general who almost sabotaged mail voting in the fall and continues to gut the. Service to Issue Layoff Notices Later This Month>Postal Service to Issue Layoff Notices Later This Month. DeJoy has donated $1. Louis DeJoy on Capitol Hill in February. Postmaster General Louis DeJoy says the Postal Service may need to reduce its employee headcount by 50,000 positions, as the agency looks to consolidate its network of facilities that process mail. One controversial figure from Trump’s presidency, however, remains in office: Louis DeJoy, the notorious postmaster general who almost sabotaged mail voting in the fall and continues to gut the. Before becoming postmaster general, he was a deputy national fund-raising chairman for the G. A full background check might also have revealed DeJoy holdings worth at least $30 million in USPS competitors and contractors. Postmaster General Louis DeJoy today announced a 3% salary increase for all non-bargaining Postal Service personnel in recognition of “the dedication and accomplishments of our management team … in the face of significant challenges” including “a global pandemic and record inflation. Louis Dejoy Overview. USPS Converted 63,000 Non-Career Employees to Permanent Jobs Over the Last Year the agency said in a report marking the one-year anniversary of the unveiling of Postmaster General Louis DeJoy. So DeJoy will be around for a while. Postmaster General Louis DeJoy during a House committee hearing in 2020. postal workers worry about future >More mail delays coming as postal workers worry about future. Biden urged to take steps to finally get rid of Louis DeJoy. And during this time, DeJoy will push his plan to save the postal service $58 billion over 10 years by getting rid of hundreds of high-speed mail sorting machines, taking more mailboxes off the street, curbing overtime and hiking prices. Postal Service on Tuesday, which includes higher postage rates, some slower services and reduced post. In 2014, he donated $747,000 to Duke University. 2 million to the Donald Trump campaign. Subordinate to Postmaster DeJoy, the various key positions comprising the Postal Service’s Executive Leadership Team are paid annual salaries ranging from $279,700. Since 2016, DeJoy has donated $1. The starting salary for an assistant city mail carrier was about $38,000 at the beginning of the year. He was appointed by the organization’s Board of Governors and began his tenure in June 2020. Louis Dejoy in 2021 was employed at United States Postal Service and had an annual salary of $303,460 according to public records. Generates $24 billion in net revenue in part from enhanced package delivery services for business customers, including same-day, one-day and two-day delivery offerings Improves cash flow to allow for. WASHINGTON — Postmaster General Louis DeJoy, who has come under fire for his continuing financial ties to a company that does business with the Postal Service, received $1. Why is Louis DeJoy Famous? 75th U. Louis DeJoy is the 75th Postmaster General of the United States and Chief Executive Officer of the U. The documents also show that DeJoys base salary as postmaster general is $303,460. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place orders. Though DeJoy and entities linked to him have divested between $65. Last month, the Washington Post reported the USPS will pay XPO $120 million over the next five years to oversee two major distribution and sorting sites in Atlanta and Washington that are among the. For the current postmaster general, Louis DeJoy, the top salary is more than $300,000. In 2014, he donated $747,000 to Duke University. DeJoy is in charge of fundraising for the Republican National Convention in Charlotte. 2 million to President Trump’s campaign coffers and nearly $1. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement counseling and financial planning services, according to the Postal Service’s newly released 10-K report. DeJoy has justified the changes not just on financial grounds but also by noting employees currently work in facilities with poor amenities. While his position as US postmaster general and CEO earns him a lucrative salary, most of his worth was made during his years in business. Reports estimate that DeJoys net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million. Louis DeJoy: Changes made by Postmaster General before 2020. As of 2020, The net worth of Louis DeJoy is estimated to be US $110 million. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement. It has been confirmed that DeJoy and his wife Aldona Wos have assets ranging from $30. Postmaster General in May 2020. Louis Dejoy Overview. T he US postmaster general, Louis DeJoy, has drawn criticism over changes made to the US Postal Service since Donald Trump appointed him in May 2020, which have included delays in services,. Success in Business. Despite our mandate to be financially self-sufficient, in fiscal year 2020, the Postal Service recorded a net loss of $9. Each governor receives $300 per day for not more than 42 days of meetings each year and travel expenses, in addition to an annual salary of $30,000. Louis Dejoy SalaryLouis DeJoy Achieved a Net Worth of $110 Million. Subordinate to Postmaster DeJoy, the various key positions comprising the Postal Service’s Executive. On December 1, 2022, all of the restrooms but one was torn apart down to the bare walls, as was the cafeteria. The announcement comes as part of a restructuring plan put in place by Postmaster General Louis DeJoy, who is targeting non-union management and administrative staff for the so-called reductions. As of 2020, The net worth of Louis DeJoy is estimated to be US $110 million. Part of the growth was due to a concerted effort under DeJoy to convert tens of thousands of non-career workers,. The claim: Postmaster General Louis DeJoy has $70 million invested in companies that compete with the United States Postal Service President Donald Trump appointed a new postmaster general for. DeJoy’s push for the PSRA follows Democrats holding a special Saturday session of Congress on Aug. So DeJoy will be around for a while. Postal Service (USPS) plans to reduce its headcount by 50,000 over the next few years in a bid to break even, according to Postmaster General Louis DeJoy. The non-career workforce has remained fairly steady in recent years at 136,000. More than a year and a half into President Joe Bidens first term, Louis DeJoy--a megadonor to former President Donald Trump and a villain in the eyes of progressives and many Democratic lawmakers--is still running the U. The claim: Postmaster General Louis DeJoy has $70 million invested in companies that compete with the United States Postal Service President Donald Trump appointed a new postmaster general for. Jobs >USPS Converted 63,000 Non. DeJoy Earned Millions From Company With Financial Ties to Postal. Latest update: February 2023 Organizational chart. As Pressure Ramps Up Against USPS Reforms, DeJoy Asks …. Postmaster General Louis DeJoy announced on Tuesday that USPS has brought its projected long-term losses down from $160 billion to between $60 billion and $70 billion, driven largely by the. Louis DeJoy and his ‘disastrous’ austerity >The fight to oust Louis DeJoy and his ‘disastrous’ austerity. 5K Filter by Year: USPS - Employee Rankings See all employees for United States Postal Service (USPS). Subordinate to Postmaster DeJoy, the various key positions comprising the Postal Services Executive Leadership Team are paid annual salaries ranging from $279,700. 9 billion for 2021, compared to a net loss of $9. There have also been additional concerns about DeJoys connections to Bloom after the postmaster general purchased up to $305,000 in bonds from an asset management firm where Bloom serves as a. According to the Center for Public Integrity, DeJoy — amazingly, ironically — received a $75,000 performance bonus in fiscal year 2021. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place orders. You might know him as the Postmaster General, but he has been a businessman for decades prior to his current position. The salary increase will go into effect on. 3 million worth of XPO shares, according to financial disclosures, foundation tax documents, and securities filings. A DeJoy spokesman said DeJoy’s lawyer had received that notification from the department. DeJoy’s annual salary at USPS is estimated at $300,000. Can Biden fire US Postmaster General Louis DeJoy?. The salary increase will go into effect on. Biden Announces Plan to Replace Key DeJoy Allies on Postal Board. DeJoy previously worked as chair and CEO of New Breed Logistics, a massive warehousing and distribution company, and is the first postmaster general in over two decades to have never worked at. Postmaster General Louis DeJoy announced on Tuesday that USPS has brought its projected long-term losses down from $160 billion to between $60 billion and $70 billion, driven largely by the. In fact, he’s been so successful at business that he has a net worth of approximately 110 million dollars. Highest Paying Postal Jobs. DeJoy serves on the Elon University board of trustees. DeJoys primary income source is his job as a United States Postmaster General. The highest reported pay for the federal agency was $326,000 for Louis Dejoy, Pmg & Ceo. He earns the basic salary of $291,650 every year by serving as United States Postmaster General. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place orders. Biden Urged to Take Steps to Finally Get Rid of DeJoy as He. Louis DeJoy remains one of the most controversial United States postmasters general, but he also is one of the highest paid. In August 2021, it was revealed that DeJoy actively maintains financial ties to a company, XPO Logistics, a supply chain logistics company that was recently awarded a $120 million contract by the USPS. Generates $24 billion in net revenue in part from enhanced package delivery services for business customers, including same-day, one-day and two-day delivery offerings Improves cash flow to allow for investment of $40 billion in workforce, new vehicles, improved Post Offices, technology improvements, and infrastructure upgrades. The typical annual pay for all postal service employees, meanwhile, was $51,150 in 2020 — the most recent year surveyed by the Bureau of Labor Statistics. DeJoy’s push for the PSRA follows Democrats holding a special Saturday session of Congress on Aug. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement counseling and financial planning services, according to the Postal Service’s newly released 10-K report. In August 2021, it was revealed that DeJoy actively maintains financial ties to a company, XPO Logistics, a supply chain logistics company that was recently awarded a $120 million contract by the USPS. Louis DeJoy’s base salary as postmaster general is $303,460. Salary $61,552 2023 Records 624. “The need for the U. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American. DeJoy previously worked as chair and CEO of New Breed Logistics, a massive warehousing and distribution company, and is the first postmaster general in over two decades to have never worked at. Postal Service will get a 3% salary raise on their paychecks, Postmaster General Louis DeJoy announced. Postmaster General Louis DeJoy says the Postal Service may need to reduce its employee headcount by 50,000 positions, as the agency looks to consolidate its network of facilities that process mail. Louis DeJoy is Still Postmaster General. Since he became postmaster general, DeJoy, DeJoy-controlled companies and his family foundation have divested between $65. A performance bonus approved by the board pushed DeJoy over the $400,000 salary of President Joe Biden.