Pitney Bowes committed to ensuring “we have a strong, engaged, and diverse set of directors”

Pitney Bowes‘ Board of Directors has appointed Darrell Thomas, former Treasurer and interim CFO at Harley Davidson, and Steve Brill, retired President of Corporate Strategy at United Parcel Service (“UPS”), as independent directors of the Board, effective immediately.

Directors Michael I. Roth, S. Douglas Hutcheson, and David L. Shedlarz will not stand for re-election at the Company’s 2023 Annual Meeting. With the foregoing changes, there will be eight current directors seeking re-election at the 2023 Annual Meeting. The Board will also recommend that stockholders vote for the election of Katie May, who has been nominated by a stockholder, Hestia Capital Partners, LP (“Hestia”), to the Board. Following the 2023 Annual Meeting, the size of the Board will revert to nine directors.