Brennan Set to Become First Female Postmaster General

WASHINGTON, DC—Patrick Donahoe, the Postmaster General and CEO of the U.S. Postal Service (USPS), will end his 39-year career when he retires on Feb. 1, 2015. He will be replaced by Megan Brennan, current COO of the USPS, and the first woman to hold the office.

"Pat was the calm in the financial storm. He ignored the naysayers and went forward with his team and built a comprehensive plan for the future of the organization, made tough decisions, and executed against those decisions," said Board of Governors Chairman Mickey Barnett.