Boardroom Shuffle at Pitney Bowes Should Put Hestia Capital's Plans in Motion [Yahoo! Finance]
Pitney Bowes Inc. (PBI)
Last pitney bowes inc. earnings: 2/4 07:00 am
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Source: Yahoo! Finance
Capital will have its nominees stand as the sole candidates for election at the upcoming annual meeting next month. The company announced all directors appointed during the time of former CEO Marc Lautenbach will step down next month. Pitney Bowes also revealed that Lance Rosenzweig, Hestia's former CEO candidate, will join the company's newly structured five-member board, initially serving as director. CorpGov exclusively reported on Rosenzweig's plans for the company last year. The company's proxy statement also disclosed the appointment of Jill Sutton, a former executive at General Motors and United Natural Foods, as the next independent chair. Pitney Bowes is in the process of searching for a new CEO and CFO, with the expectation that decisions will be made by the reconstituted board. During its proxy contest last year, Hestia advocated for reducing corporate expenses, divesting from the Global Ecommerce segment, and focusing on mail sorting and shipping operations. Hest
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News
- Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm [Yahoo! Finance]Yahoo! Finance
- Pitney Bowes Declares Common Stock DividendBusiness Wire
- Pitney Bowes Announces First Quarter 2024 Financial ResultsBusiness Wire
- Pitney Bowes: Radical Change Needed As We Approach Q1 Earnings Results [Seeking Alpha]Seeking Alpha
- Lakeview Issues Open Letter to Pitney Bowes’ Board of Directors Calling for Expeditious Sale of GECBusiness Wire
PBI
Earnings
- 5/2/24 - Beat
PBI
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/22/24 - Form 4
- PBI's page on the SEC website