WASHINGTON, May 9 (Reuters) - The U.S. Postal Service Board on Friday said they have named FedEx board member and former CEO of Waste Management, as the new postmaster general after the White House pressured the prior leader to resign in March.
Postal unions have raised sharp concerns about the selection of David Steiner to succeed Postmaster General Louis DeJoy because he sits on the board of a competitor to the Postal Service. The money-losing Postal Service reported a wider net loss of $3.3 billion for the three months ending March 31 as it continues to hike stamp prices and look at ways to cut costs.
(Reporting by David Shepardson)
((David.Shepardson@thomsonreuters.com; 2028988324;))
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