Corporate Overview
Corporate Overview
Geography
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.
History
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.
Corporate Management
Murray D. Martin is Chairman, President and Chief Executive Officer. He has full strategic and operational responsibility for the company, overseeing its overall performance with a focus on sustaining increased shareholder, customer and employee value. Under Mr. Martin’s leadership as President and Chief Operating Officer, the company increased organic growth and profitability, tripled the company’s international revenue from $500 million to $1.5 billion, and identified and integrated over 65 acquisitions throughout the world. He was awarded an honorary Doctor of Laws degree from the University of Waterloo in June of 2009.
Pitney Bowes (NYSE: PBI) had $5.6 billion in revenue for the calendar year 2009. Since 2001, Pitney Bowes has invested more than $2.6 billion in 90 acquisitions, in areas such as Software, Mail Services, and Marketing Services to enhance its growth and expand the products and services that it offers its customers. The company has increased its dividend for 28 consecutive years. Pitney Bowes is one of only 87 firms that have been members of the S&P 500 since 1957.
Corporate Citizenship
Pitney Bowes has been named to The CRO Magazine’s “100 Best Corporate Citizens” list for nine of the ten years that the award has existed. The nationally recognized list is an indicator of best practices in corporate social responsibility. Pitney Bowes is an industry thought leader in Diversity, Health Care, Environmental Responsibility and Community Investments.
Diversity
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.
Health Care
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.
• In December 2006, Pitney Bowes and several other large corporations formed Dossia, a non-profit consortium, which is currently funding development of a web-based framework through which U.S. employees, dependents and retirees can maintain private, portable, personal and life-long health records.
Environmental Stewardship
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.
Charitable Giving
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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A multi-billion-dollar global technology company, Pitney Bowes Inc. (NYSE: PBI) helps both large enterprises and small-to-midsize businesses connect better with their customers to drive growth while improving efficiency. Pitney Bowes had revenues of $5.3 billion in 2011 and employs more than 29,000 worldwide.
We help our customers build stronger customer relationships, create more effective communications – physical and digital – and streamline their operations. All organizations are built on connections like these and more.
Every connection is a new opportunity™
Pitney Bowes is headquartered in Stamford, Conn. The company has been listed on the New York Stock Exchange since 1950. More information about the company can be found at www.pb.com.
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.
Today, Pitney Bowes offers a broad array of software, hardware and services in more than 100 countries, serving 2 million customers. We are widely recognized as a leader in innovation. Our commitment to global citizenship spans our business, community and environmental practices.
To drive growth for our customers, we help them gain deeper insights into their market opportunities, build stronger customer relationships, and create more effective customer communications. We help them deliver
To improve efficiency for our customers, we provide strategic outsourcing services and help them automate their mail-and-print operations, so they can concentrate on their core business. We streamline the management of documents and data critical to running their business and to serving their customers.
We understand that our enterprise and small-to-midsize customers operate differently. That’s why we have solutions tailored for each.
Our products include:
· Location intelligence, predictive analytics and data quality software used to gain deeper insights into market opportunities, tailor customer communications to achieve the result they were created for; to deliver great customer experiences that build long-term loyalty.
· Hardware and software for managing all kinds of physical and digital communications. Offerings include document composition and output software; color printing systems that make it easy to transform transactional documents into targeted marketing documents to drive additional revenue; and our traditional mailing solutions.
· Outsourcing services, including records and information management, for streamlining the management of documents and data; protecting customer information and other sensitive data; and limiting risk.
Geography
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.
History
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.
Corporate Management
Murray D. Martin is Chairman, President and Chief Executive Officer. He has full strategic and operational responsibility for the company, overseeing its overall performance with a focus on sustaining increased shareholder, customer and employee value. Under Mr. Martin’s leadership as President and Chief Operating Officer, the company increased organic growth and profitability, tripled the company’s international revenue from $500 million to $1.5 billion, and identified and integrated over 65 acquisitions throughout the world. He was awarded an honorary Doctor of Laws degree from the University of Waterloo in June of 2009.
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.
Investing in Pitney BowesPitney Bowes (NYSE: PBI) had $5.6 billion in revenue for the calendar year 2009. Since 2001, Pitney Bowes has invested more than $2.6 billion in 90 acquisitions, in areas such as Software, Mail Services, and Marketing Services to enhance its growth and expand the products and services that it offers its customers. The company has increased its dividend for 28 consecutive years. Pitney Bowes is one of only 87 firms that have been members of the S&P 500 since 1957.
Corporate Citizenship
Pitney Bowes has been named to The CRO Magazine’s “100 Best Corporate Citizens” list for nine of the ten years that the award has existed. The nationally recognized list is an indicator of best practices in corporate social responsibility. Pitney Bowes is an industry thought leader in Diversity, Health Care, Environmental Responsibility and Community Investments.
Diversity
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.
Health Care
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.
• In December 2006, Pitney Bowes and several other large corporations formed Dossia, a non-profit consortium, which is currently funding development of a web-based framework through which U.S. employees, dependents and retirees can maintain private, portable, personal and life-long health records.
Environmental Stewardship
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.
Charitable Giving
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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