POSTMASTER ANNOUNCES RETIREMENT

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, January 8, 1992                   TAG: 9201080091
SECTION: NATIONAL/INTERNATIONAL                    PAGE: A2   EDITION: METRO 
SOURCE: Associated Press
DATELINE: WASHINGTON                                LENGTH: Short
POSTMASTER ANNOUNCES RETIREMENT
Postmaster General Anthony Frank will resign Feb. 28 to return to private business, he announced Tuesday.
The search for a replacement will begin immediately, but no deadline has been set, said Norma Pace, chairman of the Postal Service Board of Governors.
Deputy Postmaster General Michael Coughlin is the leading candidate from inside the Postal Service, Frank said. But he and Pace both said the search would consider people inside and outside the agency.
Frank, who took office March 3, 1988, said he will return to San Francisco to become chairman of Acrogen Inc., a privately held biotechnology company he helped found in 1987.
Rep. Frank McCloskey, D-Ind., chairman of the House postal operations subcommittee, said Frank "has served diligently, with intelligence and integrity, and will be missed."
Frank also has drawn praise from the mailing industry for his efforts in improving efficiency and holding down costs. Employment at the agency has been cut by 40,000.
Frank pushed through an outside efficiency-measurement system that sometimes has embarrassed the post office, but also has led to improvements in service, noted Van H. Seagraves, publisher of Business Mailers Review.

by Archana Subramaniam by CNB