The Post Office Is Getting A New CEO. Here’s What Could Change.November 18, 2019
Megan Brennan is retiring after a 33-year career that she launched as a mail carrier in Pennsylvania, and capped with five years as CEO of the United States Postal Service. A new postmaster general will take over in 2020.
Investors may want to think about who picks that person and what changes the new boss might pursue. Any change in strategic direction at the Post Office has implications for parcel shippers—such as United Parcel Service (ticker: UPS) and FedEx (FDX)—as well as e-commerce and maybe even banking.
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