8-K filed October 29, 2024, 7:59 PM ET ticker PBI CIK 0000078814

leadership confidence high sentiment positive materiality 0.75

Pitney Bowes names Lance Rosenzweig permanent CEO, expands board with three new directors

PITNEY BOWES INC /DE/

Board appoints Lance Rosenzweig as permanent CEO effective Oct 25, 2024; previously served as interim CEO since May 2024.
Director Jill Sutton resigned Oct 23, citing concerns over strategy and board composition; Board disagrees, cites 73% stock gain in 6 months.
Three new directors appointed: Paul Evans, Catherine Levene, Julie Schoenfeld; Milena Alberti-Perez named non-executive Chair.
Rosenzweig receives $500K base salary, $500K target bonus, 200K RSUs, 300K PSUs, and 1.5M options (exercise price $9).
Board highlights cost-cutting, realignment around core businesses, and focus on cash generation and deleveraging.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Catherine Levene

Director

PBI · PITNEY BOWES INC /DE/

Effective: 2024-10-28
Filed: October 29, 2024, 7:59 PM ET

On October 28, 2024, the Board appointed Paul Evans, Catherine Levene and Julie Schoenfeld to serve as directors of the Board, effective as of October 28, 2024.

Appointed

Paul Evans

Director

PBI · PITNEY BOWES INC /DE/

Effective: 2024-10-28
Filed: October 29, 2024, 7:59 PM ET

On October 28, 2024, the Board appointed Paul Evans, Catherine Levene and Julie Schoenfeld to serve as directors of the Board, effective as of October 28, 2024.

Departed

Jill Sutton

Director

PBI · PITNEY BOWES INC /DE/

Effective: 2024-10-23
Filed: October 29, 2024, 7:59 PM ET

On October 23, 2024, Jill Sutton resigned from the board of directors (the “Board”) of Pitney Bowes Inc. (the “Company”).

Appointed

Julie Schoenfeld

Director

PBI · PITNEY BOWES INC /DE/

Effective: 2024-10-28
Filed: October 29, 2024, 7:59 PM ET

On October 28, 2024, the Board appointed Paul Evans, Catherine Levene and Julie Schoenfeld to serve as directors of the Board, effective as of October 28, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Catherine Levene was appointed as Director at PITNEY BOWES INC /DE/.

Action: appointed
Role: Director

Exact text from the filing

On October 28, 2024, the Board appointed Paul Evans, Catherine Levene and Julie Schoenfeld to serve as directors of the Board, effective as of October 28, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Evans was appointed as Director at PITNEY BOWES INC /DE/.

Action: appointed
Role: Director

Exact text from the filing

On October 28, 2024, the Board appointed Paul Evans, Catherine Levene and Julie Schoenfeld to serve as directors of the Board, effective as of October 28, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jill Sutton resigned as Director at PITNEY BOWES INC /DE/.

Action: resigned
Role: Director

Exact text from the filing

On October 23, 2024, Jill Sutton resigned from the board of directors (the “Board”) of Pitney Bowes Inc. (the “Company”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Julie Schoenfeld was appointed as Director at PITNEY BOWES INC /DE/.

Action: appointed
Role: Director

Exact text from the filing

On October 28, 2024, the Board appointed Paul Evans, Catherine Levene and Julie Schoenfeld to serve as directors of the Board, effective as of October 28, 2024.

View on SEC.gov

PITNEY BOWES INC /DE/ filing history →

Source: SEC EDGAR

accession 0001193125-24-246601

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.