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. It has been confirmed that DeJoy and his wife Aldona Wos have assets ranging from $30. This salary is 402 percent higher than average and 376 percent higher than median salary in United States Postal Service. Additionally, he also gets government services, allowance, and bonuses every year. 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. He was appointed by the organizations Board of Governors and began his tenure in June 2020. USPS Workers Plead Guilty to Stealing Over. 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. 3 million of XPO shares since he became postmaster general, the Post reports,. In 2021, DeJoy made a base salary of $305,681, which along with performance bonuses, totaled $480,985, according to USPS data. Biden stiff arms progressives on the Postal Service. Fact check: Postmaster general Louis DeJoy invested in competitors. Louis DeJoy Achieved a Net Worth of $110 Million. 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. DeJoy has donated $1. In June, DeJoy also purchased options on Amazon stock that might. 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. 2 million to President Trump’s campaign coffers and nearly $1. Louis Dejoy SalaryPostmaster General in May 2020. Postmaster General Louis DeJoy during a House committee hearing in 2020. The salary increase will go into effect on. Success in Business. Louis Dejoy in 2021 was employed at United States Postal Service and had an annual salary of $303,460 according to public records. DeJoy also donated over $1. In all, DeJoy earned about as much as President Joe Biden. DeJoy previously served as an executive with XPO, which he sold his previous company of 30 years — New Breed Logistics — to. It has been confirmed that DeJoy and his wife Aldona Wos have assets ranging from $30. 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. 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. 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. Though DeJoy and entities linked to him have divested between $65. He received a Bachelor of Business Administration from Stetson University in Florida. The non-career workforce has remained fairly steady in recent years at 136,000. 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. 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. It was a controversial subject during his. Why is Louis DeJoy Famous? 75th U. Since he became postmaster general, DeJoy, DeJoy-controlled companies, and his family foundation have divested between $65. Before becoming postmaster general, he was a deputy national fund-raising chairman for the G. 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. USPS boasted that it has committed more than $6 billion in core infrastructure over the last year, part of DeJoy’s. For the current postmaster general, Louis DeJoy, the top salary is more than $300,000. Latest update: February 2023 Organizational chart. Louis DeJoy remains one of the most controversial United States postmasters general, but he also is one of the highest paid. Topline. DeJoy is a member of the board of trustees at Elon University in North Carolina. 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. 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. The non-career workforce has remained fairly steady in recent years at 136,000. 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. 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. Postal Service will get a 3% salary raise on their paychecks, Postmaster General Louis DeJoy announced. DeJoy previously served as an executive with XPO, which he sold his previous company of 30 years — New Breed Logistics — to. DeJoy and other postal officials receive big bonuses. As of 2020, The net worth of Louis DeJoy is estimated to be US $110 million. 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. Postal Service to Issue Layoff Notices Later This Month. You might know him as the Postmaster General, but he has been a businessman for decades prior to his current position. According to the Center for Public Integrity, DeJoy — amazingly, ironically — received a $75,000 performance bonus in fiscal year 2021. 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). DeJoy Asks >As Pressure Ramps Up Against USPS Reforms, DeJoy Asks. For the current postmaster general, Louis DeJoy, the top salary is more than $300,000. 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. DeJoy has long been a major financial supporter of the Republican Party. The postmaster general has committed to spending $40. 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. DeJoys annual salary at USPS is estimated at $300,000. Postmaster General Louis DeJoy unveiled his 10-year strategic plan for the cash-strapped U. 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. Though DeJoy and entities linked to him have divested between $65. DeJoy serves on the Elon University board of trustees. 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. 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. 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 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. 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). Louis DeJoy Had More Than A Dozen Potential Conflicts Of. DeJoy Earned Millions From Company With Financial …. A True Danger to the Public Post Office: DeJoy Moves to. Since he became postmaster general, DeJoy, DeJoy-controlled companies and his family foundation have divested between $65. 2 billion, adding to a decade of losses totaling $66. Highest Paying Postal Jobs. DeJoy’s push for the PSRA follows Democrats holding a special Saturday session of Congress on Aug. Postmaster General Louis DeJoy unveiled his 10-year strategic plan for the cash-strapped 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. His net worth is valued at $110 million. Statement of Postmaster General and Chief Executive Officer Louis DeJoy before the House Committee on Oversight and Reform. Postal Service is ten thousand percent better than it was. Though DeJoy and entities linked to him have divested between $65. DeJoy hired four people who worked for his businesses to work at USPS. Since he became postmaster general, DeJoy, DeJoy-controlled companies and his family foundation 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. 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 on Capitol Hill in February. Postmaster General and Chief Executive Officer. DeJoy Earned Millions From Company With Financial Ties to Postal. 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. Louis Dejoy in 2021 was employed at United States Postal Service and had an annual salary of $303,460 according to public records. 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. Releasing a statement on Thursday night, a spokesperson for the postmaster general said he had never knowingly violated campaign contribution laws. 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. In all, DeJoy earned about as much as President Joe Biden. On December 1, 2022, all of the restrooms but one was torn apart down to the bare walls, as was the cafeteria. 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. DeJoy has justified the changes not just on financial grounds but also by noting employees currently work in facilities with poor amenities. So DeJoy will be around for a while. DeJoy’s annual salary at USPS is estimated at $300,000. Since 2016, DeJoy has donated $1. In 2014, he donated $747,000 to Duke University. DeJoy’s push for the PSRA follows Democrats holding a special Saturday session of Congress on Aug. He was appointed by the organization’s Board of Governors and began his tenure in June 2020. It has been confirmed that DeJoy and his wife Aldona Wos have assets ranging from $30. generally accepted accounting principles basis, the Postal Service had a net loss of $4. DeJoy’s push for the PSRA follows Democrats holding a special Saturday session of Congress on Aug. Subordinate to Postmaster DeJoy, the various key positions comprising the Postal Service’s Executive Leadership Team are paid annual salaries ranging from $279,700. 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. 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. 2 million to the Donald Trump campaign. DeJoy hired four people who worked for his …. 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. He also received $56,000 in additional benefits. USPS Plans To Shed 50,000 Jobs To Reach Break Even Point. Louis Dejoy Overview. 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. It was a controversial subject during his tenure as U. louis dejoy; postmaster general; u. 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. DeJoy donated $747,000 to Duke University in 2014, funding Blue Devil Tower and the DeJoy Family Club at the football stadium. DeJoy as He >Biden Urged to Take Steps to Finally Get Rid of DeJoy as He. How Louis DeJoy Achieved a Net Worth of $110 Million. Why is Louis DeJoy Famous? 75th U. USPS awards $120 million contract to Louis DeJoy’s former …. 3 million to the Republican Party. DeJoy is in charge of fundraising for the Republican National Convention in Charlotte. 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. All non-bargaining employees of the U. Louis DeJoy Comes Under Scrutiny — Again — As USPS Awards $120 Million Contract To His Former Employer. Louis Dejoy in 2021 was employed in United States Postal Service and had annual salary of $303,460 according to public records. The salary increase will go into effect on. This year at USPS: Mail slowdowns, big executive bonuses for DeJoy and. 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. 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. The highest reported pay for the federal agency was $326,000 for Louis Dejoy, Pmg & Ceo. DeJoy has justified the changes not just on financial grounds but also by noting employees currently work in facilities with poor amenities. Thanks to the USPS board of governors, the former North Carolina logistics executive had a compensation package. 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. He earns the basic salary of $291,650 every year. 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. In 2021, DeJoy made a base salary of $305,681, which along with performance bonuses, totaled $480,985, according to USPS data. In 2021, DeJoy made a base salary of $305,681, which along with performance bonuses, totaled $480,985, according to USPS data. A performance bonus approved by the board pushed DeJoy over the $400,000 salary of President Joe Biden. postmaster Louis DeJoy is still hanging on to. Louis DeJoy is the 75th Postmaster General of the United States and Chief Executive Officer of the U. Service to Issue Layoff Notices Later This Month>Postal Service to Issue Layoff Notices Later This Month. DeJoy, a wealthy former logistics executive and GOP donor, was appointed postmaster general in 2020. 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. He earns the basic salary of $291,650 every year by serving as United States Postmaster General. DeJoy’s annual salary at USPS is estimated at $300,000. For the current postmaster general, Louis DeJoy, the top salary is more than $300,000. A full background check might also have revealed DeJoy holdings worth at least $30 million in USPS competitors and contractors. Being a logistics expert, DeJoy was able to provide solutions to some of the biggest companies in the world when other people didn. 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. 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. 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. DeJoys staying power in the face of widespread outrage over his sabotage of postal operations and his. 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. Louis DeJoy Comes Under Scrutiny — Again — As USPS Awards >Louis DeJoy Comes Under Scrutiny — Again — As USPS Awards. Being a logistics expert, DeJoy was able to provide solutions to some of the biggest companies in the world when other. 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. This salary is 402 percent higher than average and 376 percent higher than median salary in United States Postal Service. DeJoys primary income source is his job as a United States Postmaster General. WASHINGTON — The United States Postal Service has paid about $286 million over the past seven years to XPO Logistics, the. 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. View the top 100 highest paid employees for the United States Postal Service (USPS) below. 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. 3 million worth of XPO shares, according to financial disclosures,. 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. 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. Part of the growth was due to a concerted effort under DeJoy to convert tens of thousands of non-career workers,. 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. ” DeJoy, in a memo to USPS officers Wednesday, said the pay increase will go into effect Sept. DeJoy’s annual salary at USPS is estimated at $300,000. 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. 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. In 2014, he donated $747,000 to Duke University. DeJoy’s annual salary at USPS is estimated at $300,000. Postal Employees Voice Major Concerns as USPS Begins. In 2014, he donated $747,000 to Duke University. 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. 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. The documents also show that DeJoy’s base salary as postmaster general is $303,460. In 2021, that added up to $306,960, roughly what DeJoy earned. All non-bargaining employees of the U. “The need for the U. That year, his son was accepted to the school. USPS awards $120 million contract to Louis DeJoy’s former. 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. Jobs >USPS Converted 63,000 Non. 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. DeJoys primary income source is his job as a United States Postmaster General. USPS did not immediately respond to CNNs request for comment on the hires. 5K Filter by Year: USPS - Employee Rankings See all employees for United States Postal Service (USPS). Louis Dejoy Overview. 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. A DeJoy spokesman said DeJoy’s lawyer had received that notification from the department. A full background check might also have revealed DeJoy holdings worth at least $30 million in USPS competitors and contractors. 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. Subordinate to Postmaster DeJoy, the various key positions comprising the Postal Services Executive Leadership Team are paid annual salaries ranging from $279,700. 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. In his role as Postmaster General, DeJoy also serves as a member of the Board of Governors. Louis DeJoy remains one of the most controversial United States postmasters general, but he also is one of the highest paid. He anticipates the issues worsening as 31 jobs are set to be eliminated with the mail processing consolidation. 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 2007, we have recorded significant net losses each year. DeJoy’s annual salary at USPS is estimated at $300,000. That year, his son was accepted to the school and joined the schools tennis team as a walk-on. Louis DeJoy Comes Under Scrutiny — Again — As USPS Awards. 9 billion for 2021, compared to a net loss of $9. 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. 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. As of 2020, The net worth of Louis DeJoy is estimated to be US $110 million. Statement of Postmaster General and Chief Executive Officer …. Why Louis DeJoy is Still Postmaster General. 3 million worth of XPO shares, according to. 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. 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’s base salary as postmaster general is $303,460. Statement of Postmaster General and Chief Executive Officer Louis DeJoy before the House Committee on Oversight and Reform. USPS did not immediately respond to CNN’s request for comment on the hires. Postal Service on Tuesday, which includes higher postage rates, some slower services and reduced post. 3 million of XPO shares since he became postmaster general, the Post reports, his family businesses still. 3 million to the Republican party and $1. United States Postal Service Postmaster General Louis DeJoy. 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. Louis DeJoy>Biden urged to take steps to finally get rid of Louis DeJoy. The documents also show that DeJoy’s base salary as postmaster general is $303,460. Is it DeEnd for Postmaster General Louis DeJoy? Sure looks like it. 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 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. Subordinate to Postmaster DeJoy, the various key positions comprising the Postal Service’s Executive. Since he became postmaster general, DeJoy, DeJoy-controlled companies, and his family foundation have divested between $65. Pool photo by Tom Williams The letters also said the Postal Service had inappropriately committed more than $480 million. Louis DeJoys base salary as postmaster general is $303,460. Postal Service will get a 3% salary raise on their paychecks, Postmaster General Louis DeJoy announced. 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. Why Biden Can’t Fire Postmaster General Louis DeJoy. 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. USPS awards 3% pay raise to non. His daughter also attended Duke, majoring in music. 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 — 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. 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. Reality Check time: The Utica NY S&DC was officially launched February 25, 2023. The documents also show that DeJoy’s base salary as postmaster general is $303,460. Despite our mandate to be financially self-sufficient, in fiscal year 2020, the Postal Service recorded a net loss of $9. DeJoys primary income source is his job as a United States Postmaster General. Since taking over as postmaster. Louis DeJoy Would Be out of a Job If He Worked Elsewhere. Louis DeJoy needs to resign. 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. So DeJoy will be around for a while. Recent quote by Postmaster General Louis DeJoy states, The U. 22, 2020, demanding $25 billion in assistance to USPS while warning the election might not. DeJoy donated $747,000 to Duke University in 2014, funding Blue Devil Tower and the DeJoy Family Club at the football stadium. 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. As of 2020, The net worth of Louis DeJoy is estimated to be US $110 million. Since 2007, we have recorded significant net losses each year. Since he became postmaster general, DeJoy, DeJoy-controlled companies and his family foundation have divested between $65. In fact, he’s been so successful at business that he has a net worth of approximately 110 million dollars. That’s a lot of money, even for the most successful businessman. You might know him as the Postmaster General, but he has been a businessman for decades prior to his current position. Louis DeJoy’s base salary as postmaster general is $303,460. The documents also show that DeJoys base salary as postmaster general is $303,460. 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. 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. Louis DeJoys net worth: Postmaster General under FBI. 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. 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,. 2 billion for 2020,” when DeJoy was appointed,. Louis DeJoy on Capitol Hill in February. The fight to oust Louis DeJoy and his ‘disastrous’ …. 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 starting salary for an assistant city mail carrier was about $38,000 at the beginning of the year. Louis DeJoy is the 75th Postmaster General of the United States and Chief Executive Officer of the U. Louis DeJoy invested in >Fact check: Postmaster general Louis DeJoy invested in. 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. 3 million worth of XPO shares, according to financial disclosures, foundation tax documents, and securities filings. This salary is 402 percent higher than. Salary $61,552 2023 Records 624. In 2nd Capitol Hill appearance, DeJoy rejects accusations of undermining USPS; In Senate testimony, DeJoy denies intent to disrupt mail-in voting; Go Deeper. 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.