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Posted 08 April, 2024

PITNEY BOWES INC /DE/ appointed new CEO

CEO Change detected for ticker NYSE:PBI in a 8-K filed on 08 April, 2024.


  In addition, when a permanent Chief Executive Officer ("CEO") is appointed, the Board intends to add the appointed CEO to the Board as a sixth member.  

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Overview of PITNEY BOWES INC /DE/
Business/Consumer Services • General Services
Pitney Bowes, Inc. is a global shipping and mailing company, which engages in the provision of technology, logistics, and financial services. It operates through the following segments: Global Ecommerce, Presort Services, and SendTech Solutions. The Global Ecommerce segment includes cross-border solutions, domestic parcel, and digital delivery services. The Presort Services segment involves the sortation services to qualify large volumes of first-class mail, marketing mail and bound and packet mail for postal work-sharing discounts. The SendTech Solutions segment consists of physical and digital mailing and shipping solutions, financing, services, supplies, and other applications. The company was founded by Arthur H. Pitney and Walter Bowes on April 23, 1920 and is headquartered in Stamford, CT.
Market Cap
$727M
View Company Details
PITNEY BOWES INC /DE/ by TradingView
Relevant filing section
Item 5.02 
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. 


Departure of Directors

As disclosed in the preliminary proxy statement for the 2024 annual meeting of stockholders (the "Annual Meeting") of Pitney Bowes Inc. (the "Company") filed with the SEC today, each of current directors Steven D. Brill, Katie May, Sheila A. Stamps, Mary J. Steele Guilfoile and Darrell Thomas will not stand for re-election to the Board of Directors (the "Board") at the Annual Meeting. The decision of each of these directors not to stand for re-election at the Annual Meeting was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices. We thank them for their dedicated service and the major support they have provided during a critical period of transition for the Company. The size of the Board will be reduced to five members, effective upon the conclusion of the Annual Meeting. In addition, when a permanent Chief Executive Officer ("CEO") is appointed, the Board intends to add the appointed CEO to the Board as a sixth member.