In response to calls from Democrats in Congress for an investigation, the Postal Service’s inspector general has opened an inquiry into Mr. DeJoy’s operational changes and his personal finances, including his ownership of XPO stock. Louis DeJoy Divests From Former Company That… Subscribe. DEJOY: Louis DeJoy, CEO of New Breed Corporation, poses in the company's Greensboro werehouse on Friday, 12/3/04. "Trump's Postmaster General Louis DeJoy and his wife have between $30.1 million and $75.3 million in assets in U.S. Biography, Salary, Net ; Www.Girlsfreegame.Com/?Louis DeJoy Net Worth Profiles; Democrat OBLITERATES Louis DeJoy In Postal Service Hearing ; Postmaster general Louis DeJoy invested in competitors (Dec 27, 2020) Louis DeJoy and his wife, Aldona Wos, have between $30-$75 million in … The documents also show that DeJoy’s base salary as postmaster general is $303,460. According to CNN, the documents also show that DeJoy earns $303,460 for his base salary as postmaster general. Clarke started working at USPS on June 20. David Partenheimer, a spokesman for the Postal Service, said that Mr. DeJoy had no involvement in contracting decisions and had recused himself from any involvement in dealings with his former company. It placed a deadline of noon on Sept. 16 for Mr. DeJoy to turn over the documents. Postmaster General Louis DeJoy has come under scrutiny for his continued financial ties to XPO, a $16 billion logistics firm. He still holds at least a $30 million stake in the company, which has ramped up its business with the Postal Service since he took the helm at the agency. DeJoy's arrangement was dubious in light of the fact that DeJoy and his better half have resources between $30.1 million and $75.3 million in USPS contenders or contractual workers, for example, UPS and shipping organization J.B. Chase, just as a result of his political inclination. Previously, he led New Breed Logistics as its chairman and chief executive officer from 1983 until XPO Logistics acquired New Breed in 2014. “It’s a very, very small part of the Postal Service business I have nothing to do with.”. They have blamed Mr. DeJoy, a Republican megadonor and an ally of Mr. Trump’s, for making cost-cutting changes at the agency that have coincided with a slowdown in mail deliveries. “The contracting officers making contracting decisions about work with XPO are many levels below the C.E.O. $75,000 was received as Total Cash, $173,489 was received as Equity and $0 was received as Pension and other forms of compensation. As a member of Board of Directors at XPO Logistics, Inc., Louis DeJoy made $28,228 in total compensation. Louis DeJoy made $248,489 in total compensation as Independent Director at XPO Logistics Inc in 2017. 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. Mr. DeJoy is a member of the boards of trustees of Elon University and the PGA Wyndham Championship, and serves on the board of directors for The Fund for American Studies in Washington, DC. DeJoy noted that on June 16, 2020, the day he was sworn in as postmaster general, the USPS Office of Inspector General issued a report outlining $4.3 billion in mail processing and delivery overtime and penalties and transportation costs in 2019. Lastest "Louis DeJoy" News. The Postal Service said in a statement that it intended to “fully comply” with its legal obligations. Mr. DeJoy has come under scrutiny for his continued financial ties to XPO, a $16 billion logistics firm. His base salary was $303,460, according to the documents, which were obtained from a Freedom of Information Act request American Oversight filed August 27 as part of our ongoing investigation into political interference at the U.S. on the organization chart.”, Mr. DeJoy, he added, was “prohibited by the government ethics rules from any involvement with XPO’s U.S.P.S. Salaries at the postal service are paid through money earned from operations, and tax dollars do not directly subsidize these expenses. Mr. DeJoy has been a particular target of congressional Democrats, who have been alarmed by President Trump’s baseless claims that voting by mail is fraudulent. The salary of the postmaster general has risen in recent years despite poor financial performance of the USPS itself. This covers all compensation that don't fit in any of these other standard categories, Data powered by ERI's Executive Compensation Assessor. DeJoy started as postmaster general on June 15. Documents obtained through a public records request showed the degree to which XPO Logistics, Postmaster General Louis DeJoy’s former employer, is intertwined with the agency he now oversees. The sum of all cash payments made to an individual for services during a given year. They emerged on the same day that the House Oversight Committee issued a promised subpoena for documents that the panel has said Mr. DeJoy is withholding from Congress, including information about his personal financial affairs. For anyone concerned about the manifest slowdown of mail at the U.S. Through about 100 contracts with XPO Logistics and its subsidiaries, the Postal Service has paid the firm $33.7 million to $45.2 million annually since 2014 for services that include managing transportation and providing support during peak times.   |   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 $1.2 million to … https://heavy.com/news/2020/08/louis-dejoy-postmaster-general Postal Service at a time when mail-in voting is central to the presidential election. The warehouse handled the logistics and distribution company's U.S. The figures, obtained by The New York Times from a public records request, shed new light on the extent to which the company where Mr. DeJoy was a top executive — and in which he still has a substantial amount of money invested — is intertwined with the agency he now runs, fueling questions about a potential conflict of interest. “I have a significant investment in XPO Logistics, which I vetted before with the ethics department of the Postal Service, and I was given specific types of guidelines that I needed to adhere to,” he testified. I allow to use my email address and send notification about new comments and replies (you can unsubscribe at any time). The value of stock and option awards plus long term incentives granted. The Postal Service paid XPO Logistics and its subsidiaries about $14 million over the past 10 weeks, compared with $3.4 million during the same time frame in 2019 and $4.7 million in 2018. These facts are cause for worry, but postal workers should be even more alarmed at his 35 years’ experience in labor This information is derived from proxy statements filed for the 2017 fiscal year. This information is derived from proxy statements filed for the 2017 fiscal year. The far-left group Shutdown D.C. rallied its supporters to surround the home of Postmaster General Louis DeJoy’s home in Washington, DC, on Saturday after Democrats claimed President Donald Trump and DeJoy — whom Trump selected for the job — were making changes at the United States Postal Service that could interfere with voting by mail in the 2020 election. Postal Service competitors and contractors," reads the meme's … Louis DeJoy is the 75th Postmaster General of the United States and the Chief Executive Officer of the world’s largest postal organization. https://www.cbsnews.com/news/louis-dejoy-trump-republican-donor-usps Postal Service Poses Grave ; Louis DeJoy Wikipedia 2020. The documents also show a surge in revenue for XPO from the Postal Service since Mr. DeJoy took over on June 15. 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. In a statement, XPO sought to minimize its ties to the Postal Service, which industry analysts say comprises only a sliver of the company’s overall business. He was appointed in May 2020 by the Board of Governors ... en.wikipedia.org. He holds a business degree from Stetson University. Postal Service Has Paid DeJoy’s Former Company $286 Million Since 2013. He continues to hold $30 million to $75 million in the company, and received $1.86 million in rent last year from XPO through a leasing agreement he brokered while still at the firm. {} [+] Name* Email* {} [+] 0 Comments . DeJoy also hired Heather Clarke to be his chief of staff with a base salary of $184,900. Mr. Partenheimer said the Postal Service’s monthly payroll exceeded $4 billion, and total annual spending with suppliers exceeded $12 billion. Notify of . Powered by ERI's Executive Compensation Assessor®, Chairman of the Board and Chief Executive Officer, Director, President and Chief Executive Officer, Chief Executive Officer and Chairman of the Board, Director, Chief Executive Officer and President, 2015 - 2017 Appointed by the Governors of the Postal Service, DeJoy began his tenure as Postmaster General in June 2020. Postmaster General Louis DeJoy Bio, Net Worth, Salary, Wife ; Louis Dejoy Net Worth; ros atkins wife 2020; Trump Megadonor in Charge of U.S. USPS Phone numbers. He was most recently chief executive officer of the XPO Logistics supply chain business in the Americas (retired as of December 7, 2015). Postmaster General Louis DeJoy, a top donor to President Trump's election campaign and the former head fundraiser for the Republican National … “XPO was not one of our top 50 contractors last year or this year,” he said. Inline Feedbacks. During that time, he grew the company from a small, regional operation to a leading U.S. provider of highly engineered, technology-driven contract logistics solutions. $75,000 was received as Total Cash, $173,489 was received as Equity and $0 was received as Pension and other forms of compensation. On Wednesday, Representative Carolyn B. Maloney, Democrat of New York and the chairwoman of the House Oversight Committee, issued a subpoena for Postal Service documents related to mail delays and Mr. DeJoy’s communications with the Trump campaign. Contact us to find out more about the compensation structure for, The following Interpublic Group (IPG) board members are connected to Mr. Louis DeJoy. Postmaster General Louis DeJoy, a longtime Republican donor, controls the U.S. ERI's Executive Compensation Assessor makes it easy to benchmark executive compensation packages for planning and reporting. 2021 © ERI Economic Research Institute, Inc. ALL Rights Reserved. He served as the chief executive of the company’s supply chain business until 2015 and was a board member until 2018. He is a past member of the board of trustees of Moses Cone Health System in North Carolina, and was an appointee to the President's Commission on White House Fellowships. Prior to joining the Postal Service, he spent more than 35 years growing and managing a successful nationwide logistics company. Longtime Trump ally and fundraiser Louis DeJoy will serve as the new postmaster general for the US Postal Service, the USPS Board of Governors announced Wednesday. Judge approves deal to expedite Georgia runoff ballots. “The postmaster general correctly stated that he has ‘nothing to do with’ XPO’s contracts with the Postal Service,” Mr. Partenheimer said in an email. “If the U.S.P.S. https://www.nytimes.com/2020/09/02/us/politics/louis-dejoy-usps-paid.html It is comprised of yearly Base Pay and Bonuses. Postal Service. scales down and performs less of its own service, it will benefit companies that deliver packages to people’s doors, not XPO,” the company said in a statement on its website. Louis DeJoy made $248,489 in total compensation as Independent Director at XPO Logistics Inc in 2017. contracts.”. 2 years. To view more detailed proxy data including previous years contact our sales team. Included in the subpoena were orders for his calendar and his communications with companies in which he has a financial interest. Mr. DeJoy has served as a director of the company since December 3, 2015. $248,489 $75,000 DeJoy is in charge of fundraising for the Republican National Convention in Charlotte. See Louis DeJoy's compensation, career history, education, & memberships. Louis DeJoy, then CEO of New Breed Corporation, poses in the company's Greensboro warehouse on Dec. 3, 2004. In the following two weeks, he brought on four people who had previously worked at his companies to be his chief of staff, executive administrator and senior executive advisers at USPS. Louis DeJoy earned $248,489 in total compensation as Independent Director at XPO Logistics Inc in 2017, according to the Economic Research Institute. View all comments. In 2007, Congress set the postmaster general's salary at $186,000, which rose to $265,000 in 2008. Court Battles — 12/24/20 03:45 PM EST. Louis DeJoy (born c. 1957) is an American businessman serving as the 75th U.S. postmaster general. 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