Former waste management -ceo and current board member FedEx David Steiner is chosen to be 76th of the country's general postmaster and CEO from the US Postal Service Board.

“Next to an extraordinary honor to be asked to lead the largest postal organization in the world, with a story that extends before the establishment of the United States,” Steiner said In a statement.

Steiner was President and CEO of Waste Management for 12 years, from 2004 to the end of 2016. CNBC reports He will leave the FedEx board (he has been there since 2009). He begins in his new role in July.

“I deeply admire the public service and business mission of this amazing institution, and I strongly believe in maintaining its role as an independent establishment of the executive branch,” Steiner said. “I look forward to engaging with its employees, who offer such an important service to all our communities.”

Steiner won a Bachelor of Science Degree in Accounting from Luiziana State University and a Juris Doctor degree from the University of California, Los Angeles, according to the statement.

Amber Mcreynolds, Chairman of the Governor Postal Service Board, said in a statement that Steiner “is the right person to lead the postal service at this time” after historical organization leads in the future with constant budget challenges (in 2024, USPS reported one night loss of more than $ 9 billion).