The Postal Service Board of Governors has announced it retained executive search firm Egon Zehnder to find the next Postmaster General. The search comes amid a “directed” partnership with GSA and Elon Musk’s Department of Government Efficiency, announced by previous postmaster general Louis Dejoy just days before his resignation. Musk and President Trump have previously suggested the USPS could be privatized, leading some to view the Postmaster search as an opening to embark on that process.
What might that process look like? An analyst note from Wells Fargo lays out one such path from an investor standpoint, but while privatization could unlock real estate value and drive parcel price increases that benefit commercial carriers, political and labor obstacles remain formidable.
