---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-246601"
form_type: "8-K"
ticker: "PBI"
cik: "0000078814"
company_name: "PITNEY BOWES INC /DE/"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:29:52.796035+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-246601
- form_type: 8-K
- ticker: PBI
- cik: 0000078814
- company_name: PITNEY BOWES INC /DE/
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78814/000119312524246601/0001193125-24-246601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78814/000119312524246601/d895274d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-246601
- JSON: https://secwatch.observer/filing/0001193125-24-246601.json
- Plain text: https://secwatch.observer/filing/0001193125-24-246601.txt

## Key facts
- Executive change
  Catherine Levene was appointed as Director at PITNEY BOWES INC /DE/.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/78814/000119312524246601/0001193125-24-246601-index.htm
- Executive change
  Paul Evans was appointed as Director at PITNEY BOWES INC /DE/.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/78814/000119312524246601/0001193125-24-246601-index.htm
- Executive change
  Jill Sutton resigned as Director at PITNEY BOWES INC /DE/.
  - Action: resigned
  - Role: Director
  source text: On October 23, 2024, Jill Sutton resigned from the board of directors (the “Board”) of Pitney Bowes Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/78814/000119312524246601/0001193125-24-246601-index.htm
- Executive change
  Julie Schoenfeld was appointed as Director at PITNEY BOWES INC /DE/.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/78814/000119312524246601/0001193125-24-246601-index.htm

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