Pitney Bowes Management

Management criteria checks 1/4

Pitney Bowes' CEO is Jason Dies, appointed in Oct 2023, has a tenure of less than a year. total yearly compensation is $2.71M, comprised of 32.3% salary and 67.7% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €1.04M. The average tenure of the management team and the board of directors is 3.2 years and 1 years respectively.

Key information

Jason Dies

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage	32.3%
CEO tenure	less than a year
CEO ownership	0.1%
Management average tenure	3.2yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jason Dies's remuneration changed compared to Pitney Bowes's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$3m	US$875k	-US$386m
Sep 30 2023	n/a	n/a	-US$155m
Jun 30 2023	n/a	n/a	-US$137m
Mar 31 2023	n/a	n/a	US$8m
Dec 31 2022	US$2m	US$765k	US$37m
Sep 30 2022	n/a	n/a	US$32m
Jun 30 2022	n/a	n/a	US$35m
Mar 31 2022	n/a	n/a	US$52m
Dec 31 2021	US$2m	US$766k	US$4m
Sep 30 2021	n/a	n/a	US$19m
Jun 30 2021	n/a	n/a	US$22m
Mar 31 2021	n/a	n/a	US$401k
Dec 31 2020	US$2m	US$739k	-US$190m
Sep 30 2020	n/a	n/a	-US$200m
Jun 30 2020	n/a	n/a	-US$205m
Mar 31 2020	n/a	n/a	-US$176m
Dec 31 2019	US$2m	US$646k	US$40m
Sep 30 2019	n/a	n/a	US$81m
Jun 30 2019	n/a	n/a	US$124m
Mar 31 2019	n/a	n/a	US$128m
Dec 31 2018	US$2m	US$571k	US$182m

Compensation vs Market: Jason's total compensation ($USD2.71M) is above average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.

CEO

Jason Dies (53 yo)

less than a year

Tenure

US$2,712,791

Compensation

Mr. Jason C. Dies serves as an Interim Chief Executive Officer at Pitney Bowes Inc. since October 2, 2023. He served as Executive Vice President of Pitney Bowes Inc. since October 2017 to 2023 and served a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jason Dies	Interim Chief Executive Officer	less than a year	US$2.71m	0.15% $ 1.0m
James Fairweather	Executive VP & Chief Innovation Officer	5.3yrs	US$1.60m	0.14% $ 1.0m
Gregg Zegras	Executive VP & President of Global Ecommerce	3.8yrs	US$2.08m	0.042% $ 290.1k
John Witek	Interim Chief Financial Officer	less than a year	no data	0.047% $ 328.3k
Joseph Catapano	VP & Chief Accounting Officer	6.8yrs	US$843.60k	0.048% $ 333.6k
Joseph Schmitt	Senior VP & Chief Information Officer	2.6yrs	no data	0.096% $ 668.5k
Philip Landler	VP of Investor Relations & Global Strategy	no data	no data	no data
Lauren Freeman-Bosworth	Executive VP	less than a year	no data	0.017% $ 119.0k
Andrew Gold	Senior VP & Chief Human Resources Officer	2.1yrs	no data	0.054% $ 373.5k
Harris Warsaw	Senior Vice President of Sales - Global SMB Solutions	9.3yrs	no data	no data
Christopher Johnson	Senior VP & President of Global Financial Services	4.7yrs	no data	0.086% $ 600.5k
Debbie Pfeiffer	Executive VP & President of Presort Services	no data	no data	0.087% $ 603.7k

3.2yrs

Average Tenure

53yo

Average Age

Experienced Management: PBW's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lance Rosenzweig	Independent Director	less than a year	no data	0.0056% $ 39.3k
Mary J. Guilfoile	Independent Non-Executive Chairman of the Board	5.8yrs	US$253.13k	0.072% $ 504.9k
Todd Everett	Director	less than a year	US$163.57k	0.0059% $ 41.1k
Kate May	Director	less than a year	US$169.71k	0.0013% $ 9.0k
Jill Sutton	Independent Director	less than a year	no data	no data
Sheila Stamps	Independent Director	3.7yrs	US$212.22k	0.026% $ 179.9k
James Thomas	Independent Director	1.2yrs	US$209.45k	0.0021% $ 14.6k
Milena Alberti-Perez	Independent Director	less than a year	US$170.59k	0.00028% $ 2.0k
Steven Brill	Independent Director	1.2yrs	US$201.17k	0.0021% $ 14.6k
Kurt Wolf	Director	less than a year	no data	no data

1.0yrs

Average Tenure

56yo

Average Age

Experienced Board: PBW's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.

Pitney Bowes Management

Management criteria checks 1/4

Key information

Recent management updates

Pitney Bowes Inc., Annual General Meeting, May 06, 2024

Pitney Bowes Inc. Announces Board Changes

Pitney Bowes Announces CFO Changes

Pitney Bowes Inc. Announces Changes to Board of Directors

Pitney Bowes Inc. Announces Chief Executive Officer Changes

Pitney Bowes Elects Mary J. Steele Guilfoile as Non-Executive Chair of Board

Recent updates

Pitney Bowes Inc. Declares Quarterly Cash Dividend, Payable on June 7, 2024

Lakeview Issues Open Letter to Pitney Bowes’ Board of Directors

Pitney Bowes Inc., Annual General Meeting, May 06, 2024

Pitney Bowes Inc. Announces Board Changes

Pitney Bowes Announces CFO Changes

Fourth quarter dividend of US$0.05 announced

Full year 2023 earnings released: US$2.20 loss per share (vs US$0.21 profit in FY 2022)

Pitney Bowes Inc. Reports Goodwill Impairment for the Fourth Quarter Ended December 31, 2023

Pitney Bowes Inc. Announces Changes to Board of Directors

Upcoming dividend of US$0.05 per share at 5.0% yield

Pitney Bowes Inc. Provides Revenue Guidance for Full Year 2023

Third quarter 2023 earnings released: US$0.071 loss per share (vs US$0.032 profit in 3Q 2022)

Pitney Bowes Inc. Announces Chief Executive Officer Changes

Pitney Bowes Announces to Showcase Range of Digital and Physical Shipping and Mailing Solutions at Parcel Forum 2023

Upcoming dividend of US$0.05 per share at 5.7% yield

New major risk - Revenue and earnings growth

Pitney Bowes Inc. Declares Common Stock Dividend, Payable on September 8, 2023

Second quarter 2023 earnings released: US$0.81 loss per share (vs US$0.025 profit in 2Q 2022)

Pitney Bowes Inc. announced that it has received $275 million in funding

Pitney Bowes Inc. announced that it has received $275 million in funding

Pitney Bowes Elects Mary J. Steele Guilfoile as Non-Executive Chair of Board

Upcoming dividend of US$0.05 per share at 6.5% yield

Pitney Bowes Inc. Elects New Directors

Now 25% undervalued after recent price drop

Pitney Bowes Inc. Provides Earnings Guidance for the Full Year 2023

First quarter 2023 earnings released: US$0.04 loss per share (vs US$0.12 profit in 1Q 2022)

Pitney Bowes Inc. Declares Quarterly Common Stock Dividend, Payable on March 14, 2023

Full year 2022 earnings released: EPS: US$0.21 (vs US$0.02 in FY 2021)

Pitney Bowes Inc. Provides Financial Guidance for Full Year 2023

Pitney Bowes Inc. Launches SendPro MailCenter, an All-In-One Mailing and Shipping System for High-Volume Mailers

Investor sentiment improved over the past week

Pitney Bowes Inc. Announces Executive Changes

Hestia Capital Announces Intent to Overhaul Pitney Bowes’ Board of Directors

Insufficient new directors

Pitney Bowes Inc. Launches PitneyShip™ Cube, the First-of-Its-Kind Shipping Label Printer With Built-In Scale

Pitney Bowes Inc. Declares Quarterly Cash Dividend, Payable on December 6, 2022

Third quarter 2022 earnings released: EPS: US$0.03 (vs US$0.049 in 3Q 2021)

Pitney Bowes Provides Earnings Guidance for the Full Year of 2022

Pitney Bowes Boosts Shipping 360 Platform with New Applications

Pitney Bowes Inc. (NYSE:PBI) acquired Presort assets from Skymail International, Inc.

Pitney Bowes Inc. Provides Guidance for the Year 2022

Independent Director recently bought €55k worth of stock

Insider recently bought €85k worth of stock

Upcoming dividend of US$0.05 per share

Pitney Bowes Inc. Declares Common Stock Dividend, Payable on September 8, 2022

Second quarter 2022 earnings released: EPS: US$0.02 (vs US$0.12 in 2Q 2021)

Pitney Bowes Introduces Regional Delivery Service Models for Faster, More Cost-Effective Ecommerce Shipping

Investor sentiment improved over the past week

Global-e US Inc. and Globale U.K. Limited entered into an Equity Purchase Agreement to acquire Borderfree, Inc. for $100 million.

Investor sentiment deteriorated over the past week

Pitney Bowes SendPro 360 Achieves FedRAMP Security Authorization to Begin Offering Secure Cloud Services to Federal Agencies

Upcoming dividend of US$0.05 per share

Investor sentiment improved over the past week

Pitney Bowes Inc. Declares Quarterly Cash Dividend, Payable on June 8, 2022

First quarter 2022 earnings released: EPS: US$0.12 (vs US$0.16 loss in 1Q 2021)

Pitney Bowes Introduces Portfolio of Modular, Flexible Ecommerce Logistics Services to Support the Unique Needs of Growing Brands

Insufficient new directors

Pitney Bowes Inc. Launches PitneyShip Pro in Canada

Pitney Bowes Announces Executive Changes

Pitney Bowes Inc. Launches PitneyShip Pro

Pitney Bowes Inc. Declares Quarterly Cash Dividend, Payable on March 14, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Pitney Bowes Inc. Provides Earnings Guidance for the Full Year 2022

Third quarter 2021 earnings released: EPS US$0.047 (vs US$0.063 in 3Q 2020)

Upcoming dividend of US$0.05 per share

Pitney Bowes Inc. Provides Earnings Guidance for the Year 2021

Insufficient new directors

Pitney Bowes Inc. Announces New and Enhanced Cross-Border Services as Parcel Volume Growth Exceeds 100% in One Year