Postal Service Board of Governors to Meet Nov. 15

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Nov 03, 2011, 09:53 ET

CFO Briefing Follows Open Session Board Meeting

WASHINGTON, Nov. 3, 2011 /PRNewswire-USNewswire/ -- The Board of Governors of the U.S. Postal Service will meet Nov. 15 in open session at Postal Service headquarters, 475 L'Enfant Plaza, SW. The public is welcome to observe the meeting beginning at 1:30 p.m. in the Ben Franklin Room on the 11th floor. The Board is expected to discuss the following items:

Approval of minutes of previous meetings
Remarks of the Chairman of the Board
Remarks of the Postmaster General and CEO
Committee reports
Consideration of Fiscal Year 2011 10-K, Financial Statements, Annual Report, Comprehensive Statement and Annual Performance Plan
Consideration of Fiscal Year 2012 Integrated Financial Plan
Consideration of Final Fiscal Year 2013 Appropriation Request
Quarterly report on service performance
Tentative agenda for Dec. 13 meeting in Washington, DC
Election of Chairman and Vice Chairman of the Board of Governors

Open session meetings of the Board of Governors are available on live audio webcasts at http://about.usps.com/news/electronic-press-kits/bog/welcome.htm. Three hours after the conclusion of the open session meeting, a recorded audio file will be available for listening. In compliance with Section 508 of the Rehabilitation Act, the audio webcast will be open-captioned.

CFO Briefing
Following the Board's open meeting on Nov. 15, Chief Financial Officer Joe Corbett will host a telephone/web conference call to discuss the financial results in more detail. The call will begin at 4 p.m. ET and is open to the news media and all other interested parties.

To attend by phone with audio only, dial 866-567-8049 (Meeting ID: 7411388).

To attend the web conference and join with audio:
1. Browse to http://meetingplace3.usps.gov/join.asp?7411388
2. After the MeetingPlace window is open, click the Phone icon (under the Participant List or in the upper right-hand corner).
3. Click Connect Me, validate or update your phone number and click Connect Me again.
4. When the system calls you press 1 to join.

The briefing will also be available on live audio webcast (listen only) at:
http://about.usps.com/news/electronic-press-kits/cfo/welcome.htm

The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.

A self-supporting government enterprise, the U.S. Postal Service is the only delivery service that reaches every address in the nation, 150 million residences, businesses and Post Office Boxes. The Postal Service receives no tax dollars for operating expenses, and relies on the sale of postage, products and services to fund its operations. With 32,000 retail locations and the most frequently visited website in the federal government, usps.com, the Postal Service has annual revenue of more than $67 billion and delivers nearly 40 percent of the world's mail. If it were a private sector company, the U.S. Postal Service would rank 29th in the 2010 Fortune 500. Black Enterprise and Hispanic Business magazines ranked the Postal Service as a leader in workforce diversity. The Postal Service has been named the Most Trusted Government Agency six consecutive years and the sixth Most Trusted Business in the nation by the Ponemon Institute.

SOURCE U.S. Postal Service