Taps Marvin Runyon for Its Board

Share this content:
Online stamp company, Santa Monica, CA, which expects its online postage program to go live nationwide by midyear, recently named Marvin Runyon, the former postmaster general of the U.S. Postal Service, to its board of directors.

Runyon, who oversaw the USPS from 1992 to 1998, is generally credited with the turnaround and modernization of the USPS and was one of the few postal leaders who looked to technology to speed up mail processing. During his tenure, robotics computers, optical-character readers, and automated tray management systems were added.

In addition, he helped eliminate the $2 billion deficit the USPS faced in 1993, and set records for on-time service performance and customer satisfaction while operating

the USPS with an earning surplus.

" has embraced my vision of using technology to provide even greater convenience to the postal customer," said Runyon in a statement. "I am excited to assist an already strong management team in building quality operations and systems to support what will be a large and rapidly growing segment of the postal industry."

Loren E. Smith, former chief marketing officer of the USPS, and David C. Bohnett, founder and chairman of GeoCities, were also elected to's board of directors.

Also, completed a $30 million private equity placement led by Vulcan Ventures, an investment affiliate of Microsoft co-founder Paul Allen, as well as Chase Capital Partners, David Bohnett and Runyon. is one of a handful of electronic stamp companies approved by the USPS for entry into its electronic stamp program, known as the Information Based Indicia Program, which began in 1996. Other USPS-approved companies include E-Stamp Corp., Palo Alto, CA; NeoPost, Hayward, CA; and Pitney Bowes, Stamford, CT.

The USPS plans to expand its program to 10,000 customers per company and to add the New York area to the pilot program by spring or early summer. Other companies may still apply for program membership.

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above