---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-058336"
form_type: "8-K"
ticker: "PBI"
cik: "0000078814"
company_name: "PITNEY BOWES INC /DE/"
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T16:34:03.624491+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pitney Bowes appoints two new directors, chairman steps down, supports Hestia nominee Katie May

## Summary
- Darrell Thomas (ex-Harley-Davidson treasurer) and Steve Brill (ex-UPS strategy president) appointed as independent directors.
- Michael Roth steps down as chairman immediately; Robert Dutkowsky named Non-Executive Chairman.
- Directors Roth, Hutcheson, Shedlarz will not stand for re-election at the 2023 annual meeting.
- Board recommends voting for Hestia nominee Katie May; criticizes Hestia for lack of good faith in negotiations.
- Board size to revert to nine directors after the annual meeting; eight current directors seeking re-election.

## SEC filing metadata
- accession: 0001193125-23-058336
- form_type: 8-K
- ticker: PBI
- cik: 0000078814
- company_name: PITNEY BOWES INC /DE/
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78814/000119312523058336/0001193125-23-058336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78814/000119312523058336/d474790d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-058336
- JSON: https://secwatch.observer/filing/0001193125-23-058336.json
- Plain text: https://secwatch.observer/filing/0001193125-23-058336.txt

## Key facts
- Executive change
  David L. Shedlarz departed as Director at PITNEY BOWES INC /DE/.
  - Action: will not stand for re-election
  - Role: Director
  source text: directors Michael I. Roth, S. Douglas Hutcheson, and David L. Shedlarz will not stand for re-election at the Company’s 2023 Annual Meeting and will retire at the end of their current terms
  evidence_url: https://www.sec.gov/Archives/edgar/data/78814/000119312523058336/0001193125-23-058336-index.htm
- Executive change
  Steve Brill was appointed as Director at PITNEY BOWES INC /DE/.
  - Action: appointed
  - Role: Director
  source text: appointed Darrell Thomas and Steve Brill as additional independent directors, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/78814/000119312523058336/0001193125-23-058336-index.htm
- Executive change
  Michael I. Roth departed as Director at PITNEY BOWES INC /DE/.
  - Action: will not stand for re-election
  - Role: Director
  source text: directors Michael I. Roth, S. Douglas Hutcheson, and David L. Shedlarz will not stand for re-election at the Company’s 2023 Annual Meeting and will retire at the end of their current terms
  evidence_url: https://www.sec.gov/Archives/edgar/data/78814/000119312523058336/0001193125-23-058336-index.htm
- Executive change
  S. Douglas Hutcheson departed as Director at PITNEY BOWES INC /DE/.
  - Action: will not stand for re-election
  - Role: Director
  source text: directors Michael I. Roth, S. Douglas Hutcheson, and David L. Shedlarz will not stand for re-election at the Company’s 2023 Annual Meeting and will retire at the end of their current terms
  evidence_url: https://www.sec.gov/Archives/edgar/data/78814/000119312523058336/0001193125-23-058336-index.htm
- Executive change
  Darrell Thomas was appointed as Director at PITNEY BOWES INC /DE/.
  - Action: appointed
  - Role: Director
  source text: appointed Darrell Thomas and Steve Brill as additional independent directors, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/78814/000119312523058336/0001193125-23-058336-index.htm

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