Pitney Bowes Inc. (NYSE: PBI) helps companies of all sizes connect with their customers and consumers with customer communications technologies. Pitney Bowes had revenues of approximately USD$5 billion in 2012 and employs more than 27,000 people worldwide. The company has been listed on the New York Stock Exchange since 1950. Today, Pitney Bowes serves more than two million clients in more than 100 countries.
In 1920, Pitney Bowes introduced the postage meter and launched an entire industry. During the ensuing decades, we were responsible for virtually every technological breakthrough in the mailing industry, including remote downloading of postage, Internet postage and networked digital mailing systems.
Our offerings include software for location intelligence, geocoding and reverse geocoding, data quality and integration, and customer communications management. Our expertise and technologies also include document composition and output software; high-speed color printing systems for transactional documents; and our traditional mailing solutions. Outsourcing services cover including records and information management, and mail and office management.
Based in Stamford, Connecticut, Pitney Bowes has locations in all regions of the United States and does business in 130 countries throughout the world. Major U.S. locations include Stamford, Danbury, and Shelton in Connecticut, Troy, New York, and Lanham, Maryland. Pitney Bowes world headquarters is located at 1 Elmcroft Road, Stamford, Connecticut, 06926-0700.
In 1902, Arthur Pitney patented his first postage-stamping machine. In 1908, Walter Bowes began providing stamp-canceling machines to the U.S. Postal Service. Due to the collaboration of Pitney and Bowes, the firm delivered the first USPS-approved postage meter. Pitney Bowes was founded in 1920 when Arthur Pitney’s American Postage Meter Company merged with Walter Bowes’ Universal Stamping Machine Company. Today, the Pitney Bowes tradition of innovation continues as the firm currently holds 3,500 active patents.
Marc B. Lautenbach was appointed President and CEO of Pitney Bowes in December, 2012. Before joining Pitney Bowes, Mr. Lautenbach had a long and stellar career at IBM, which he joined in 1985 immediately upon graduating from business school. His leadership roles at IBM included serving as Vice President Small and Medium Business in Asia-Pacific from 1998-2000, General Manager of IBM Global Small and Medium Business from 2000-2005, General Manager of IBM North America from 2005-2010, and Managing Partner, North America, for IBM Global Business Services. In these roles at IBM, Mr. Lautenbach led businesses and customer segments with annual revenues ranging from $3 billion to $35 billion, and employee populations ranging from 500 to 50,000. He has extensive experience in building profitable relationships with large enterprises and government agencies as well as small- and medium-size businesses.
Michael Monahan is Executive Vice President and Chief Financial Officer. In this role, Mike has responsibility for the financial operations of the company on a global basis. This includes treasury, audit, investor relations, corporate development, tax functions and driving results with the business units. In May of 2007 Mike took on management of the Mailstream Solutions and Services - Americas business. This included North and South American operations for the core mailing business in addition to the Mail Services portfolio. The group represents more than 1.3 million customers, over two billion dollars in annual revenue, and greater than 50% of the company’s earnings. Mike oversaw the consolidation of multiple business groups into a single business and initiated a focused program to improve the customer experience.
Pitney Bowes has been named to The CRO Magazine’s “100 Best Corporate Citizens” list for nine years. The nationally recognized list is an indicator of best practices in corporate social responsibility. Pitney Bowes is an industry thought leader in Diversity, Healthcare, Environmental Responsibility and Community Investments.
Pitney Bowes is cited by DiversityBusiness as one of “America’s top organizations for Multicultural Business Opportunities;” by Black MBA Magazine as one of the best 50 companies for Black Professionals; and by Asian Enterprise as one of the top 20 U.S. companies for Asian Americans. It has also been recognized for its Supplier Diversity program which actively seeks business with companies owned by women, minorities, disabled veterans and small businesses.
Pitney Bowes is a nationally recognized leader in innovation, programming and measurement of employee health and wellness initiatives.
The Healthcare University (HCU) program at Pitney Bowes provides incentives and financial rewards to employees for healthy behaviors, such as exercise, nutrition counseling, smoking cessation, cardiovascular check-ups and cancer screenings. The medical staff in our on-site wellness clinics provides employees with free, basic health services such as flu shots and strep tests, as well as preventive screenings for skin, breast and prostate cancers.
The firm’s Design for Environmental Quality (DfEQ) program allows for the removal of ozone depleting substances from both the manufacturing process and the company’s products. Pitney Bowes has also partnered with the U.S. Environmental Protection Agency and the U.S. Department of Energy to develop EnergyStar® guidelines for select mailstream hardware solutions. Pitney Bowes voluntarily participates in the US EPA WasteWise Recycling program and was inducted into the WasteWise Hall of Fame in 2007.
Pitney Bowes supports the efforts of non-profit organizations that seek to bring positive change to their communities through the Pitney Bowes Foundation, a private corporate foundation. The Foundation's funding programs include literacy and education and the employee involvement initiative. The Foundation's literacy and education initiative provides direct grants to organizations that further the company's strategic philanthropic interests, which include closing the achievement gap and ensuring the preparedness of tomorrow's workforce. Employee involvement initiatives provide employee-direct grants through matching and global volunteer grant programs. In addition, Pitney Bowes supports charitable initiatives through direct contributions, in-kind support and employee volunteerism.
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