Highest-materiality recent filing
Pitney Bowes extends credit facilities to 2031; Fitch initiates BB- rating
Amended RCF ($450M) and Term Loan A ($152M) extended to May 2031; size unchanged.
Pitney Bowes shareholders elect all five director nominees, ratify auditor, approve say-on-pay
Directors elected: Peter Brimm, Catherine Levene, Brent Rosenthal, Wayne Walker, Kurt Wolf for one-year terms.
GAAP EPS $0.39 vs $0.19 YoY; Adj. EPS $0.47 vs $0.33; Revenue $477M vs $493M (-3%).
Pitney Bowes reports strong preliminary Q1 2026, raises full-year guidance
Revenue ~$477M vs $493M in Q1 2025; 3% decline improvement from prior 5%.
Pitney Bowes issues $150M of 7.250% Senior Notes due 2029, total outstanding $476M
Issued $150M additional 7.250% Senior Notes due 2029; total outstanding now $476M.
Pitney Bowes to issue $200M additional 7.250% Senior Notes due 2029
Intent to offer $200M of 7.250% Senior Notes due 2029, same series as original March 2021 issuance.
Pitney Bowes Q4 Adj. EPS $0.45 (+40% YoY), Guides FY26 Adj. EPS $1.40-$1.60
Q4 2025 revenue $478M (-7% YoY); GAAP net income $27M vs. loss of $37M; GAAP EPS $0.17 vs. ($0.21).
Pitney Bowes completes $80M tender offer for 6.70% notes due 2043 and 5.25% notes due 2037
Increased tender offer from $75M to $80M to accept all validly tendered notes.
Tender offers up to $75M aggregate principal amount of 6.70% Notes due 2043 (CUSIP 724479506) and 5.250% Notes due 2037 (CUSIP 72447XAB3).
Pitney Bowes Q3 2025 GAAP EPS $0.30 vs loss of $0.75; increases buyback authorization to $500M
Revenue $460M (-8% YoY); GAAP net income $52M vs loss of $138M YoY.
Pitney Bowes Board Chair Resigns; Brent Rosenthal Elected as New Independent Chair
Milena Alberti-Perez resigned from the board effective Sept. 29, 2025; no disagreement cited.
Pitney Bowes finalizes separation with EVP Shemin Nurmohamed; $636K severance plus $354K bonus
Shemin Nurmohamed ceased as EVP & President of Sending Technology Solutions on Sep 11, 2025.
Todd Everett appointed EVP, President of SendTech effective Sep 15, 2025; resigns from Board.
Pitney Bowes upsizes revolving credit facility by $135M to $400M
Added $135M in incremental commitments; total revolver capacity rises to $400M.
Pitney Bowes separates with Robert Gold; $450K transition pay
Robert Gold's employment terminated effective July 29, 2025; receives $450,000 transition pay in installments.
Pitney Bowes finalizes separation with CFO Robert Gold, provides $350K transition pay
Robert Gold ceased as EVP/CFO/Treasurer effective July 29, 2025; separation agreement signed Aug 17.
Pitney Bowes raises $230M via 1.50% convertible notes due 2030, repurchases $61.9M of stock
Issued $230M aggregate principal of 1.50% Convertible Senior Notes due 2030; net proceeds ~$221.4M after discounts and expenses.
Pitney Bowes Q2 adj EPS $0.27 vs $0.11; appoints Paul Evans CFO; raises buyback to $400M
Q2 revenue $462M (-6% YoY); GAAP EPS $0.17 (vs -$0.14); adjusted EPS $0.27 (vs $0.11); Adj EBIT $102M (+37%).
Director Julie Schoenfeld resigns from Pitney Bowes Board, effective July 5, 2025
Julie Schoenfeld resigned from the Board of Directors on July 5, 2025.
Pitney Bowes appoints Brent Rosenthal to Board under Hestia cooperation agreement
Brent Rosenthal appointed to Board of Directors effective June 16, 2025.
Pitney Bowes appoints activist investor Kurt Wolf as CEO; plans $150M share buyback in 2025
Kurt Wolf (Hestia Capital) becomes CEO effective May 22, succeeding Lance Rosenzweig who transitions to consultant.
Mr. Rosenthal will be deemed to replace Lance Rosenzweig as a Replacement Director under the Cooperation Agreement.
On June 16, 2025, Pitney Bowes Inc. (the “Company”) appointed Brent Rosenthal to its Board of Directors (“the Board”), effective as of June 16, 2025.
the Board of Directors of the Company (the “Board”) has appointed Kurt Wolf as President and Chief Executive Officer of the Company.
Lance Rosenzweig will cease to serve as Chief Executive Officer of the Company and as a member of the Board and transition to a consultant role through September 21, 2025.
Max materiality 0.90 · Median 0.60 · Most common event leadership