Source-grounded facts extracted from PITNEY BOWES INC /DE/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Ana Maria Chadwick resigned as Executive Vice President and Chief Financial Officer at PITNEY BOWES INC /DE/.
“On March 13, 2024, Ana Maria Chadwick, Executive Vice President and Chief Financial Officer of Pitney Bowes Inc. (the “Company”), informed the Company that she would be resigning from her position of Executive Vice President and Chief Financial Officer.”
Daniel J. Goldstein retired as Executive Vice President, Chief Legal Officer and Corporate Secretary at PITNEY BOWES INC /DE/.
“On February 27, 2024, Daniel J. Goldstein, Executive Vice President, Chief Legal Officer and Corporate Secretary of Pitney Bowes Inc. (the “Company”), informed the Company that he would be retiring from his position, effective March 31, 2024.”
Mary J. Guilfoile retired as Director at PITNEY BOWES INC /DE/.
“On January 31, 2024, the Company announced the retirement of Mary J. Guilfoile from the Board.”
PITNEY BOWES INC /DE/ reported financial results for the fourth quarter and full year of 2023.
“On February 1, 2024, the Registrant issued a press release setting forth its financial results, including consolidated statements of income, supplemental information, and a reconciliation of reported results to adjusted results for the three and twelve months ended December 31, 2023 and 2022, and consolidated balance sheets at December 31, 2023 and December 31, 2022. A copy of the press release is attached hereto as Exhibit 99.1 and hereby incorporated by reference.”
PITNEY BOWES INC /DE/ reported the third quarter of fiscal year 2023 results: revenue $784 million, EPS GAAP EPS was a loss of $0.07.
“initiatives and long-term steps that can drive enhanced value for our stockholders and other stakeholders.” Third Quarter Financial Highlights Revenue in the quarter was $784 million, a decrease of 6 percent on a reported basis and 1 percent on a comparable basis versus prior year (1) GAAP EPS was a loss of $0.07 in the quarter versus GAAP EPS of $0.03 in”
Jason C. Dies was appointed as Interim Chief Executive Officer at PITNEY BOWES INC /DE/.
“the Board appointed Jason C. Dies, Executive Vice President and Group Executive of the Company, to the position of Interim Chief Executive Officer of the Company effective October 2, 2023”
Marc Lautenbach departed as President and Chief Executive Officer at PITNEY BOWES INC /DE/.
“Marc Lautenbach will step down from his position as President and Chief Executive Officer and as a member of the Board, effective as of the Transition Date.”
PITNEY BOWES INC /DE/ reported second quarter 2023 results: revenue $776 million, EPS GAAP EPS was a loss of $0.81 and Adjusted EPS was a loss of $0.02 in the quarter.
“Revenue in the quarter was $776 million, a decrease of 11 percent on a reported basis and 5 percent on a comparable basis versus prior year (1) GAAP EPS was a loss of $0.81 and Adjusted EPS was a loss of $0.02 in the quarter versus GAAP EPS and Adjusted EPS of $0.02 in second quarter 2022”
PITNEY BOWES INC /DE/ incurred senior notes of $275,000,000 with funds managed by Oaktree Capital Management, L.P. at term SOFR rate, plus a margin of 6.90% maturing March 19, 2028.
“The Note Purchase Agreement provides for the private issuance of senior secured notes in an aggregate principal amount of $275,000,000 (the “Senior Secured Notes”).”
PITNEY BOWES INC /DE/ entered into Sixth Amendment with the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-07-31).
“On July 31, 2023, the Company entered into a Sixth Amendment (the “Amendment”) to the Credit Agreement, dated as of November 1, 2019 (as previously amended, the “Existing Credit Agreement”), by and among the Company, the subsidiaries of the Company party thereto, the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent.”
PITNEY BOWES INC /DE/ entered into Note Purchase Agreement with the noteholders party thereto and Alter Domus (US) LLC, as noteholder representative valued at aggregate principal amount of $275,000,000 (effective 2023-07-31).
“On July 31, 2023, Pitney Bowes Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) by and among the Company, as issuer, the noteholders party thereto and Alter Domus (US) LLC, as noteholder representative. The noteholders include funds managed by Oaktree Capital Management, L.P. The Note Purchase Agreement provides for the private issuance of senior secured notes in an aggregate principal amount of $275,000,000 (the “Senior Secured Notes”).”
PITNEY BOWES INC /DE/ amended Fifth Amendment to the Credit Agreement, dated as of November 1, 2019 with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders and issuing banks party thereto (effective 2023-06-06).
“On June 6, 2023, Pitney Bowes Inc. (the “Company”) entered into a Fifth Amendment (the “Amendment”) to the Credit Agreement, dated as of November 1, 2019 (as previously amended, the “Existing Credit Agreement”), by and among the Company, the subsidiaries of the Company party thereto, the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent.”
PITNEY BOWES INC /DE/ shareholders approved Non-binding advisory vote on the frequency of future advisory votes to approve executive compensation at the 2023-05-12 meeting.
“4. Non-Binding Advisory Vote on the Frequency of Future Advisory Votes to Approve Executive Compensation 1 year 2 years 3 years Abstained 119,826,858 1,310,462 2,725,784 13,139,004”
PITNEY BOWES INC /DE/ shareholders rejected Non-binding advisory vote to approve the compensation of named executive officers at the 2023-05-12 meeting.
“3. Non-Binding Advisory Vote on Compensation of Named Executive Officers For Against Abstained 62,603,412 72,065,565 2,333,131”
PITNEY BOWES INC /DE/ shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-12 meeting.
“2. Ratification of PwC as Independent Public Accounting Firm For Against Abstained 118,943,905 8,297,390 9,760,813”
PITNEY BOWES INC /DE/ shareholders approved Election of nine directors to serve until the 2024 annual meeting at the 2023-05-12 meeting.
“1. Election of Directors Company Nominees For Withheld Steve Brill 125,117,108 11,772,549 Anne M. Busquet 37,222,882 99,281,936 Robert M. Dutkowsky 49,450,414 87,048,807 Mary J. Steele Guilfoile 124,224,090 12,647,160 Marc B. Lautenbach 85,048,642 51,435,922 Linda S. Sanford 54,536,652 81,959,667 Sheila A. Stamps 124,571,171 12,308,584 Darrell Thomas 124,494,306 12,368,216 Hestia Capital Partners LP Nominees For Withheld Katie A. May 133,642,484 3,287,846 Milena Alberti-Perez 90,338,096 45,191,549 Todd Everett 89,099,102 46,424,365 Lance Rosenzweig 55,401,174 80,125,197 Kurt Wolf 78,814,898 56,694,964”
PITNEY BOWES INC /DE/ reported first quarter 2023 results: revenue $835 million, net income Net loss of $8 million, EPS GAAP EPS was a loss of $0.04.
“Revenue in the quarter was $835 million, a decrease of 10 percent on a reported basis and 4 percent on a comparable basis versus prior year (1) GAAP EPS was a loss of $0.04 and Adjusted EPS was a loss of $0.01 in the quarter versus GAAP EPS of $0.12 and Adjusted EPS of $0.08 in first quarter of 2022 Net loss of $8 million in the quarter compares to net income of $21 million in first quarter 2022”
David L. Shedlarz departed as Director at PITNEY BOWES INC /DE/.
“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”
S. Douglas Hutcheson departed as Director at PITNEY BOWES INC /DE/.
“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”
Michael I. Roth departed as Director at PITNEY BOWES INC /DE/.
“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”
Steve Brill was appointed as Director at PITNEY BOWES INC /DE/.
“appointed Darrell Thomas and Steve Brill as additional independent directors, effective immediately”
Darrell Thomas was appointed as Director at PITNEY BOWES INC /DE/.
“appointed Darrell Thomas and Steve Brill as additional independent directors, effective immediately”
PITNEY BOWES INC /DE/ reported the twelve months ended December 31, 2022 results: revenue $3.5 billion, EPS $0.21.
“Full Year 2022 Financial Highlights Revenue of $3.5 billion, a decrease of 4 percent on a reported basis and flat on a comparable basis GAAP EPS was $0.21 in 2022 versus ($0.01) in 2021; Adjusted EPS was $0.15 in 2022 versus $0.32 in 2021”
PITNEY BOWES INC /DE/ reported the three months ended December 31, 2022 results: revenue $909 million, EPS $0.04.
“Revenue in the quarter was $909 million, a decrease of 8 percent on a reported basis and flat on a comparable basis (1) GAAP EPS was $0.04 and Adjusted EPS was $0.06 in the quarter versus $0.01 and $0.06, respectively, in fourth quarter 2021”
PITNEY BOWES INC /DE/ amended Amendment with the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent (effective 2022-12-07).
“On December 7, 2022, Pitney Bowes Inc. (the “Company”) entered into a Third Amendment (the “Amendment”) to the Credit Agreement, dated as of November 1, 2019 (as previously amended, the “Existing Credit Agreement”), by and among the Company, the subsidiaries of the Company party thereto, the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent.”
PITNEY BOWES INC /DE/ updated its Full Year 2022 guidance (reaffirmed).
“The Company is reaffirming the previously communicated revenue and EBIT guidance. The Company expects full year revenue (constant currency) to range from a low-single digit percentage decline to a low single digit percentage increase. The Company also expects full year EBIT to range from a high-single digit percentage decline to a mid-single digit percentage increase. The Company also expects positive free cash flow for full year 2022.”
PITNEY BOWES INC /DE/ reported the third quarter 2022 results: revenue $831 million, EPS $0.03.
“Revenue in the quarter was $831 million, a decrease of 5 percent on a reported basis and 4 percent, constant currency, versus the comparable quarter in 2021 GAAP EPS was $0.03 and Adjusted EPS was $0.00 in the quarter versus $0.05 and $0.08, respectively”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.