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USPS announces new chief financial officer

Joseph Corbett, the Postal Service’s chief financial officer, will retire Tuesday, Dec. 31, and be succeeded by Luke Grossmann, the organization’s finance and strategy senior vice president.

Corbett joined USPS in 2009, overseeing the organization’s departments of finance and strategy, treasury, accounting, pricing and costing, and supply management.

His tenure has been marked by a commitment to financial transparency and responsible decision-making, particularly following the enactment of the 2006 Postal Accountability and Enhancement Act, which transformed the USPS operational framework.

“Joe has been a cornerstone of our financial strategy and decision-making, guiding the Postal Service through numerous financial challenges,” said Postmaster General Louis DeJoy. “We thank him for his invaluable contributions and wish him all the best in his future endeavors.”

Grossmann, who will begin his new duties Saturday, Nov. 30, joined USPS in 2005 and previously served as a district manager and as director of operations research, insight and continuous improvement.

He has been pivotal in leading the Postal Service’s strategic planning, budgeting, forecasting and financial analysis efforts.

“We are excited to welcome Luke as our new CFO,” said DeJoy. “His proven leadership and extensive experience with the Postal Service will be instrumental in continuing our financial strategy and supporting the Delivering for America plan.”

The Postal Service’s Nov. 13 news release has additional information.

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