Highest-materiality recent filing
Pitney Bowes redeems $347M 6.875% notes due 2027, upsizes term loan by $150M
Redeemed $347M aggregate principal of 6.875% Senior Notes due March 2027 on June 24, 2026 using proceeds from term loan upsizing and cash.
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.
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 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 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 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%).
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.
Pitney Bowes Q1 GAAP EPS $0.19, Adj EPS $0.33; raises dividend to $0.07; reaffirms FY guidance
Revenue $493M (-5% YoY); GAAP net income $35M (+$38M YoY); GAAP EPS $0.19 vs ($0.02) loss.
Pitney Bowes declares $0.06 dividend, clarifies 2025 free cash flow guidance includes capex
Quarterly common stock dividend of $0.06 per share, payable March 24, 2025 to record Feb 21, 2025.
Pitney Bowes enters $1.04B credit facilities, appoints new CFO, authorizes $150M buyback
New $265M revolver, $160M term A (March 2028), $615M term B (March 2032); replaces prior credit agreement.
Full year 2024 adjusted EPS $0.82 (+34% YoY), adjusted EBIT $385M (+25%).
Pitney Bowes redeems remaining $96.6M Oaktree notes, expects FY2024 Adjusted EBIT above guidance
Redeemed remaining $96.6M principal of 2028 Oaktree notes with $4.8M premium, funded by cash on hand.
Pitney Bowes Q3 adjusted EPS $0.21 vs $0.16 prior; raises FY adj. EBIT guidance to $355-360M
Revenue $499M (-1% YoY); GAAP EPS loss $0.75 includes $1.42 loss from discontinued ops.
Pitney Bowes names Lance Rosenzweig permanent CEO, expands board with three new directors
Board appoints Lance Rosenzweig as permanent CEO effective Oct 25, 2024; previously served as interim CEO since May 2024.
Pitney Bowes spins off majority of Global Ecommerce to Hilco, files Chapter 11
Hilco affiliate acquired 81% voting interest in DRF Logistics for de minimis consideration; Pitney retains 19% voting and 100% economic interests.
Pitney Bowes exits Global Ecommerce via sale to Hilco; expects to eliminate ~$136M annual losses
Sold 81% voting interest in GEC entities to Hilco for de minimis consideration; retains 19% voting and 100% economic interest.
Pitney Bowes Q2 net loss narrows to $25M; exits GEC via Hilco sale, updates FY guidance
Q2 revenue $793M (+2% YoY); GAAP EPS loss $0.14, adjusted EPS $0.03 (up $0.05 YoY).
Pitney Bowes approves $25M restructuring plan; Global Ecommerce president departs
Approved 2024 Plan to reduce costs with ~$25M pre-tax charge in Q2 2024, mainly cash severance.
Pitney Bowes appoints Lance Rosenzweig as Interim CEO; former CEO Dies receives $2.96M separation
Jason Dies' employment as Interim CEO ended May 21, 2024, not due to disagreement; he receives $2.3625M separation, $600K additional payment, and continued equity vesting.
Pitney Bowes Q1 2024: revenue flat at $831M, adjusted EBIT +71% to $56M
GAAP net loss $3M, improved $5M YoY; GAAP EPS ($0.02) vs ($0.04); Adjusted EPS ($0.01) flat.
Five Pitney Bowes directors will not stand for re-election; board to shrink to five
Directors Steven Brill, Katie May, Sheila Stamps, Mary Steele Guilfoile, Darrell Thomas will not stand for re-election at 2024 annual meeting.
Pitney Bowes CFO Ana Maria Chadwick resigns; John Witek named interim CFO
CFO Ana Maria Chadwick resigns effective April 21, 2024 to assume role at another organization.
Pitney Bowes adds directors, strikes deal with Hestia Capital; Chair to retire
Board adds William S. Simon and Jill Sutton effective Feb 1; Mary Guilfoile to retire as Chair after 2024 annual meeting.
Pitney Bowes Q4 GAAP EPS loss $1.27, revenue down 4% YoY; goodwill impairment of $1.24
Q4 revenue $872M (-4% reported and comparable YoY); full-year revenue $3.3B (-8% reported).
Pitney Bowes Q3 GAAP EPS loss $0.07, revenue down 6%; restructuring savings target raised to $115M
Q3 revenue $784M, down 6% reported and 1% comparable vs prior year.
Pitney Bowes CEO Marc Lautenbach steps down; Jason Dies named interim CEO
Marc Lautenbach stepped down as President, CEO, and Board member effective Oct 2, 2023.
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.
the Board has appointed Lauren Thomas DeFina as the Company’s Vice President, Chief Accounting Officer ( principal accounting officer ), effective as of April 1, 2025.
John Witek, who served as Interim Chief Financial Officer and Chief Accounting Officer, is retiring effective March 31, 2025.
John Witek will resign from his position as Interim Chief Financial Officer of the Company.
the Board of Directors of the Company (the “Board”) has appointed Bob Gold as the Company’s Executive Vice President and Chief Financial Officer, effective as of March 10, 2025.
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.
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.
On October 23, 2024, Jill Sutton resigned from the board of directors (the “Board”) of Pitney Bowes Inc. (the “Company”).
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.
Max materiality 0.90 · Median 0.65 · Most common event leadership