Pitney Bowes Strengthens Commitment to Small and Medium Businesses with Addition of New Talent

STAMFORD, Conn., March 14, 2019 - Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, finance, and data, is pleased to welcome the latest additions to the Pitney Bowes Financial Services leadership team. Lee Bergeron and Karen Savoca bring deep expertise and extensive financial knowledge to Pitney Bowes, strengthening the company’s commitment to helping small and medium businesses secure the capital they need to grow their businesses.

“Lee Bergeron and Karen Savoca are incredible additions to the Pitney Bowes Financial Services leadership team,” said Christopher Johnson, Senior Vice President and President, Financial Services, Pitney Bowes. “We continue to add veteran talent in the financial services industry, enabling us to support the ‘Main Street’ economy by investing in our small and medium business clients.”

Lee Bergeron, Vice President, General Manager Equipment Finance, Financial Services, is responsible for leading the growth of Pitney Bowes’ asset back financing division. He is the former President and Founder of Taunton Commercial Capital, with extensive executive leadership experience in businesses specializing in leasing and financing of equipment and software. Lee brings over 30 years of financial services experience, holding progressive leadership responsibilities at GE Capital, Signal, NationsBank and Norwest Financial Services. Lee is an accomplished commercial leader with wide-ranging knowledge in building, developing and leading successful financial services businesses.

Karen Savoca, Vice President and General Manager, Lending Products & Services, is responsible for expanding the working capital and deposit-based solutions provided to Pitney Bowes’ clients. She will develop and scale the commercial lending business, directing and managing all aspects of the lending strategy including product management and go-to-market approach. Most importantly, she will lead the repositioning of our lending platform by capitalizing on growth in shipping and logistics alongside the company’s broader enterprise opportunity. Prior to joining Pitney Bowes, Karen was Senior Vice President of Marketing and Product Strategy for People’s United Bank, where she was responsible for developing and implementing comprehensive growth strategies for all commercial lines of businesses. She is a seasoned executive with more than 25 years of financial services experience and a proven track record for delivering growth and operational excellence at GE Capital, Price Waterhouse, TD Bank and First Data.

Pitney Bowes has been providing financing solutions to small and mid-sized businesses for more than 30 years. The company’s expansion of talent in its financial services business is part of a broader commitment to help their clients reduce complexity and succeed in commerce. Visit www.pitneybowes.com/us/financial-services to learn more about Pitney Bowes Financial Services.

About Pitney Bowes

Pitney Bowes (NYSE:PBI) is a global technology company providing commerce solutions that power billions of transactions. Clients around the world, including 90 percent of the Fortune 500, rely on the accuracy and precision delivered by Pitney Bowes solutions, analytics, and APIs in the areas of ecommerce fulfillment, shipping and returns; cross-border ecommerce; office mailing and shipping; presort services; location data; customer information and engagement software; services; and financing. For nearly 100 years Pitney Bowes has been innovating and delivering technologies that remove the complexity of getting commerce transactions precisely right. For additional information visit Pitney Bowes, the Craftsmen of Commerce, at www.pitneybowes.com.