How to Read
Our Annual Report
2000 Highlights
Letter from
the Postmaster General/CEO
2000 Year
in Review
Delivering
the Future
The Governors
of the Postal Service
Audit Committee
Financial
Section
How to Read
Our Financial Statements
Quick
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The
Postal Service Board of Governors is comparable to the board of
directors of a publicly owned corporation. The Board meets monthly
in Washington, DC, or other cities across the United States.
Nine governors are appointed by the President with the advice and
consent of the Senate. They, in turn, select the Postmaster General,
and along with the Postmaster General, select the Deputy Postmaster
General, both of whom also serve on the Board.
The Board directs and controls expenditures of the Postal Service,
reviews its practices, joins in long-range planning and sets policies
on all Postal Service matters. Many of these activities are coordinated
through the various committees of the Board.
Einar
V. Dyhrkopp, Chairman
Appointed November 1993, term expires December 2001. President
of Tecumseh International Corp.; Regional Advisory Board member
of the Southern Illinois University Public Policy Institute.
Robert F.
Rider, Vice Chairman
Appointed May 1995, term expires December 2004. Capital Projects
and Strategic Planning Committee, and Postal Museum Advisory Commission.
Chairman and CEO of O.A. Newton & Son Co.; Trustee of the University
of Delaware and Director of several companies and institutions.
Ernesta
Ballard
Appointed November 1997, term expires December 2005. Audit
and Strategic Planning Committees. President and founder of Ballard
& Associates, which advises clients on complex management problems
that require long-range planning. Board member of Ketchikan General
Hospital, LifeCenter Northwest and Alaska Forest Association.
LeGree
S. Daniels
Appointed August 1990, reappointed November 1999, term expires
December 2007. Capital Projects and Compensation Committees. Former
U.S. Department of Education Assistant Secretary for Civil Rights;
Member of Pennsylvania State University Board of Advisors, Harrisburg
Campus.
Tirso del
Junco, M.D.
Appointed July 1988 reappointed December 1991, term expires
December 2000. Compensation and Strategic Planning Committees. Surgeon
and entrepreneur; Past Chairman of Board of Regents, University
of California.
S. David
Fineman
Appointed May 1995, term expires December 2003. Capital Projects
and Compensation Committees. President, Fineman & Bach, P.C.; Member
of the Industry Policy Advisory Committee, advising the U.S. Secretary
of Commerce and U.S. Trade Representative on international trade
policy issues.
Alan C.
Kessler
Appointed November 2000, term expires December 2008. Audit
Committee. Partner in Wolf, Block, Schorr and Solis-Cohen, LLP.
Member, Board of Directors of Philadelphia Industrial Development
Corporation; Chair, Pennsylvania Supreme Court’s Continuing Legal
Education Board.
Ned
R. McWherter
Appointed October 1995, term expires December 2002. Audit and
Capital Projects Committees. Former Governor of the State of Tennessee
(1987-1995); Officer and/or Director of several companies and institutions.
John F.
Walsh
Appointed November 1999, term expires December 2006. Audit
and Compensation Committees. Former Deputy Controller of the City
of New Haven, Connecticut. Officer and/or Director of several companies
and institutions.
Sam Winters
Term as Governor expired in December 1999, continued to serve
on the Board beyond the expiration of his term, until November 8,
2000, as prescribed by law.
Also members of the Board of Governors:
William J. Henderson
Appointed 71st Postmaster General of the United States in May 1998.
Career Postal Service employee who has served in senior management
positions including Chief Operating Officer, Chief Marketing Officer
and Vice President of Employee Relations.
John Nolan
Appointed Deputy Postmaster General in February 2000. Career Postal
Service employee who served as General Manager & Postmaster of New
York. Served as Director of Operations at Merrill Lynch Production
Technologies from 1989-2000.
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