For the first time in several years, the Postal Service has money to invest in its future, PMG Pat Donahoe says in his latest video message to employees.
Donahoe announced last week he will retire Feb. 1, 2015. With USPS closing the fiscal year with a $2 billion increase in revenue and $5 billion in the bank, the PMG says he’s optimistic for the Postal Service’s future.
“A lot of big things are coming up on the horizon, like new products and services and the labor negotiations,” the PMG says. “I thought it was probably a good time to hand the baton off to somebody else to run the organization for the long-term.”
Chief Operating Officer Megan Brennan, who will succeed Donahoe as the next PMG, also appears in the video. She says she’s honored to step into the role, knowing there are challenges but also a lot of opportunities for the organization.
“I want to acknowledge all of our employees who are out there working hard every day for our organization and our customers,” Brennan says. “I look forward to working with you and moving this organization forward.”