---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-018746"
form_type: "8-K"
ticker: "PBI"
cik: "0000078814"
company_name: "PITNEY BOWES INC /DE/"
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T01:11:48.658421+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Pitney Bowes grants Interim CEO Jason Dies $600k retention payment, enhanced severance

## Summary
- Base salary $875k unchanged; monthly stipend $60k; target bonus 80% of base salary.
- One-time cash payment of $600k payable at 5-month anniversary or earlier upon termination without cause or for good reason.
- Severance on qualifying termination: 1.5x base salary plus 1.5x target bonus as lump sum, plus 18 months COBRA.
- Early retirement vesting accelerated by one year under applicable benefit plans.
- Board adopted new Indemnification Agreements for all directors and executive officers, covering expenses and liabilities.

## SEC filing metadata
- accession: 0001140361-24-018746
- form_type: 8-K
- ticker: PBI
- cik: 0000078814
- company_name: PITNEY BOWES INC /DE/
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78814/000114036124018746/0001140361-24-018746-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78814/000114036124018746/ny20020304x5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-018746
- JSON: https://secwatch.observer/filing/0001140361-24-018746.json
- Plain text: https://secwatch.observer/filing/0001140361-24-018746.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.