Pitney

Despite Inflation, Consumer Spending to Remain Strong This Holiday Season, According to New Pitney Bowes Data

Retrieved on: 
Tuesday, September 26, 2023
Supply Chain Management, Professional Services, Online Retail, Consumer, Small Business, Other Transport, Retail, Other Consumer, Generation Z, Transport, Millennials, Finance, Logistics, Pitney Bowes, Culture, Q2, Overalls, Multimedia, COVID, Consultant, Pitney, Holiday, GTM, NYSE, Online shopping

The findings reveal that despite conflicting economic indicators, consumers say they’ll buy online more or the same as last year—supported by trends in growing consumer spending and credit card balances this year.

Key Points: 
  • The findings reveal that despite conflicting economic indicators, consumers say they’ll buy online more or the same as last year—supported by trends in growing consumer spending and credit card balances this year.
  • View the full release here: https://www.businesswire.com/news/home/20230926393198/en/
    BOXpoll Survey: Are Consumers Shopping More or Less this Holiday Season?
  • The BOXpoll® consumer survey by Pitney Bowes is a weekly consumer survey on current events, culture and ecommerce logistics.
  • Morning Consult conducts weekly polls on behalf of Pitney Bowes among a national sample of more than 2,000 online shoppers.

Bradley L. Radoff Issues Letter to Recently-Appointed Directors Steven Brill and Darrell Thomas Regarding the Need for Urgent Action at Pitney Bowes

Retrieved on: 
Monday, August 21, 2023
Professional Services, Finance, GEC, Pitney, Fear, Failure, EBIT, Face, Optional information line, Management, Security (finance), Pitney Bowes

I own a meaningful equity stake in Pitney Bowes, Inc. (“Pitney Bowes” or the “Company”), making me one of the Company’s largest individual shareholders.

Key Points: 
  • I own a meaningful equity stake in Pitney Bowes, Inc. (“Pitney Bowes” or the “Company”), making me one of the Company’s largest individual shareholders.
  • As shareholders have seen their value destroyed, Mr. Lautenbach has repeatedly said GEC is on the verge of being profitable.
  • You have a tremendous opportunity to turn around Pitney Bowes for the benefit of long-suffering shareholders and stakeholders.
  • If you begin putting yourselves in the position of the owners of the business, I am confident you will see urgent action is required.

Pitney Bowes Expands ParcelPoint Smart Locker Solutions with Outdoor Lockers and Workplace Day Use Functionality

Retrieved on: 
Tuesday, June 20, 2023
Software, Professional Services, Business, Data Management, Apps, Applications, Technology, Security, Other Transport, Other Professional Services, Transport, Finance, Other Technology, Logistics, Supply Chain Management, Inbound, Pitney Bowes, Software as a service, Completeness, Workplace, Multimedia, Wind, Pitney, NYSE, Safety, Self storage, Baggage, Online shopping

Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the expansion of its ParcelPointTM Smart Locker product suite with two significant additions: Outdoor Smart Lockers solutions and Workplace Day Use functionality.

Key Points: 
  • Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the expansion of its ParcelPointTM Smart Locker product suite with two significant additions: Outdoor Smart Lockers solutions and Workplace Day Use functionality.
  • View the full release here: https://www.businesswire.com/news/home/20230620543473/en/
    Pitney Bowes ParcelPoint Outdoor Smart Lockers in use.
  • Workplace Day Use for ParcelPoint Smart Lockers enables employees and guests to store personal items temporarily, through a user-friendly, self-service workflow.
  • ParcelPoint Smart Lockers features and benefits:
    Contactless delivery: Smart locker solutions offer convenient, contactless package delivery and pickup, ensuring the safety of both staff and recipients.

Pitney Bowes Announces Preliminary Results from its 2023 Annual Meeting of Shareholders

Retrieved on: 
Tuesday, May 9, 2023
Supply Chain Management, Professional Services, Retail, Other Professional Services, Transport, Logistics, Certification, Pitney, Proceedings of the Human Factors and Ergonomics Society Annual Meeting, Security (finance), Independent, Annual general meeting

The Company issued the following statement:

Key Points: 
  • The Company issued the following statement:
    “We welcome all new directors, including the nominees of Hestia Capital Partners, and look forward to working with them constructively on the future of the Company and on behalf of all shareholders.”
    The foregoing results announced today are subject to certification by the Independent Inspector of Election.
  • The Company anticipates that the final results of the Annual Meeting will be made available in a Current Report on Form 8-K filed with the Securities and Exchange Commission and on Pitney Bowes’ investor relations website in due course.

Pitney Bowes Board of Directors Issues Statement to Shareholders

Retrieved on: 
Friday, May 5, 2023
Supply Chain Management, Technology, Manufacturing, Professional Services, Small Business, Delivery Services, Transport, Retail, Software, Logistics, Packaging, FOR, GOLD, Annual Meetings of the International Monetary Fund and the World Bank Group, Katie May, Bowes, Pitney Bowes, Pitney, Annual general meeting, NYSE, Security (finance), Management, Hestia

As we enter the final days before Pitney Bowes’ May 9 Annual Meeting, we urge you to vote FOR all Pitney Bowes nominees and Katie May on the GOLD proxy card.

Key Points: 
  • As we enter the final days before Pitney Bowes’ May 9 Annual Meeting, we urge you to vote FOR all Pitney Bowes nominees and Katie May on the GOLD proxy card.
  • Our goal remains to continue the strategic transformation of Pitney Bowes and to drive sustainable value for our shareholders.
  • The Board recommends all shareholders to vote “FOR” all the nominees recommended by the Pitney Bowes Board (all eight Company nominees and the recommended Hestia nominee, Katie May) on the GOLD proxy card today.
  • All Pitney Bowes shareholders of record as of the close of business on March 10, 2023, are entitled to vote in connection with the Annual Meeting.

Pitney Bowes Board Commits to Key Governance Enhancements

Retrieved on: 
Thursday, May 4, 2023
Supply Chain Management, Professional Services, Online Retail, Retail, Small Business, Logistics, Transport, GOLD, Annual Meetings of the International Monetary Fund and the World Bank Group, Katie May, Bowes, Pitney Bowes, Pitney, Annual general meeting, NYSE, Security (finance), Management, Hestia

Pitney Bowes (the “Company”) (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has approved two key governance enhancements.

Key Points: 
  • Pitney Bowes (the “Company”) (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has approved two key governance enhancements.
  • Bob Dutkowsky, Chair of the Board of Pitney Bowes, said “We believe that these changes are in the best interests of all shareholders and represent best practice in regards to corporate governance.
  • The Board urges all shareholders to vote “FOR” all the nominees recommended by the Pitney Bowes Board (all eight Company nominees and the recommended Hestia nominee, Katie May) on the GOLD proxy card today.
  • All Pitney Bowes shareholders of record as of the close of business on March 10, 2023 are entitled to vote in connection with the Annual Meeting.

Hestia Capital Highlights Recent Support from Two Leading Independent Proxy Advisory Firms

Retrieved on: 
Monday, May 1, 2023
Professional Services, Finance, Failure, Pitney Bowes, PBI, SG, Face, Geode Capital Management, GEC, Annual Meetings of the International Monetary Fund and the World Bank Group, TSR, Optional information line, Pitney, Glass Lewis, EBITDA, Annual general meeting, Knowledge, Growth, Glass, Health, NYSE, S&P Global Ratings, ISS, Holding company, Risk management, Management, Shareholder, Katie May, Hestia

As a reminder, Hestia has nominated five highly qualified and independent director candidates: Milena Alberti-Perez, Todd Everett, Katie May, Lance Rosenzweig and Kurt Wolf to Pitney Bowes’ nine-member Board of Directors (the “Board”).

Key Points: 
  • As a reminder, Hestia has nominated five highly qualified and independent director candidates: Milena Alberti-Perez, Todd Everett, Katie May, Lance Rosenzweig and Kurt Wolf to Pitney Bowes’ nine-member Board of Directors (the “Board”).
  • Kurt Wolf, the Founder and Chief Investment Officer of Hestia, commented:
    “We appreciate that ISS and Glass Lewis have endorsed our case for meaningful boardroom change and recommended stockholders vote for Hestia-nominated director candidates.
  • Our five-member slate is incredibly excited about the opportunity to fix Pitney Bowes’ addressable issues and implement a plan to spur a value-enhancing turnaround for stockholders, employees, partners and customers.
  • As a reminder, ISS recommended stockholders vote for four Hestia nominees: Milena Alberti-Perez, Todd Everett, Katie May and Kurt Wolf.

Independent Directors Steven D. Brill and J. Darrell Thomas Issue Letter to Pitney Bowes Shareholders

Retrieved on: 
Monday, May 1, 2023
Finance, Banking, Small Business, Professional Services, Technology, Supply Chain Management, Retail, Other Technology, Linda, CARD, Treasury, Interim, FOR, PepsiCo, ALL, GEC, Disclosure, GOLD, Annual Meetings of the International Monetary Fund and the World Bank Group, Risk management, Multimedia, E-commerce, Katie May, Lehigh University, Bowes, Darrell, Pitney Bowes, Harley-Davidson, Pitney, M&A, ABN AMRO, Risk, Dorman Products, Annual general meeting, UPS, Knowledge, Growth, Treasurer, Letter, American Tobacco Company, NYSE, Chair, Management, Security (finance), Science

Pitney Bowes (the “Company”) (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that two of its recently appointed independent directors, Steven D. Brill and J. Darrell Thomas, issued a letter to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023.

Key Points: 
  • Pitney Bowes (the “Company”) (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that two of its recently appointed independent directors, Steven D. Brill and J. Darrell Thomas, issued a letter to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023.
  • As the newest independent directors on the Board, we felt it is important to share our perspectives on the state of the Company.
  • Applying that experience to our time on the Pitney Bowes Board, it is clear to the both of us that our current Board is comprised of a strong, engaged, independent, and diverse set of directors.
  • We urge you to vote FOR ALL Pitney Bowes nominees as well as Katie May on the GOLD proxy card.

Pitney Bowes Comments on Proxy Advisory Firm Recommendation

Retrieved on: 
Friday, April 28, 2023
Technology, Other Retail, Transport, Professional Services, Small Business, Logistics, Supply Chain Management, Retail, Data Management, Consumer Electronics, Human, Mile, IBM, Dissident, FedEx, GEC, COVID-19, GOLD, Annual Meetings of the International Monetary Fund and the World Bank Group, Katie May, Bowes, Pitney Bowes, Pitney, USPS, Annual general meeting, Investment, UPS, Growth, Glass, NYSE, TSR, Security (finance), Management, Hestia

Pitney Bowes has always sought a proper balance of directors with institutional and industry knowledge, as well as newer voices with fresh viewpoints of the Company.

Key Points: 
  • Pitney Bowes has always sought a proper balance of directors with institutional and industry knowledge, as well as newer voices with fresh viewpoints of the Company.
  • The Board urges all shareholders to vote “FOR” all the nominees recommended by the Pitney Bowes Board (all eight Company nominees and the recommended Hestia nominee, Katie May) on the GOLD proxy card today.
  • All Pitney Bowes shareholders of record as of the close of business on March 10, 2023 are entitled to vote in connection with the Annual Meeting.
  • Shareholders who have any questions or need assistance voting may contact the Company’s proxy solicitor, Morrow Sodali LLC, toll-free at 1 (800) 662-5200.

 Pitney Bowes Comments on Proxy Advisory Firm Recommendation

Retrieved on: 
Thursday, April 27, 2023
Finance, Banking, Small Business, Professional Services, Technology, Supply Chain Management, Retail, Other Technology, IBM, Institutional Shareholder Services, Chairperson, COVID-19, GOLD, Annual Meetings of the International Monetary Fund and the World Bank Group, Katie May, TSR, Optional information line, Bowes, Pitney Bowes, Committee, Pitney, Annual general meeting, NYSE, ISS, Management, Video game, Holding company, Hestia

Nevertheless, we are pleased that ISS recognized in its report the decisive strategic actions taken by the Pitney Bowes Board and management team over the past decade.

Key Points: 
  • Nevertheless, we are pleased that ISS recognized in its report the decisive strategic actions taken by the Pitney Bowes Board and management team over the past decade.
  • Pitney Bowes’ recent Board refreshments include:
    Electing new directors Darrell Thomas and Steven D. Brill to the Board.
  • If shareholders were to follow ISS’ recommendation, Pitney Bowes’ Board would be destabilized.
  • Pitney Bowes would lose its Chair of the Board, Chair of the Governance Committee, and Chair of the Executive Compensation Committee.