Postmaster got $800,000 in pay, perks

Wednesday

Feb182009

Wednesday, February 18, 2009 at 10:58PM

Postmaster General Potter comes under fire for his 2008 compensation package. It was beefed up in 2006 in the same legislation that impacted the EPM last year. While his compensation skyrocketed one must keep things in perspective. Buried at the end of the article are comparisons to his peers in industry and with that in mind he's a bargain.

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Source: Postmaster got $800,000 in pay, perks

by Jim McElhatton at The Washington Times on February 17, 2009

Postmaster General John E. Potter recently warned that economic times are so dire that the U.S. Postal Service may end mail delivery one day a week and freeze executive salaries. But his personal fortunes are nonetheless rising thanks to 40 percent in pay raises since 2006, a $135,000 bonus last year and several perks usually reserved for corporate CEOs.

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