Pitney Bowes Named as 'Company for Diverse Managers to Work' by Diversity MBA Magazine
One of only 10 Companies Ranking High for Board Diversity
STAMFORD, Conn., March 04, 2009 - Pitney Bowes Inc. (NYSE: PBI), the world’s leading mailstream technology company, today announced that it has been ranked 27 out of 50 on the Diversity MBA Magazine’s “Best Places for Diverse Managers to Work” list. The award listing is based on the organization’s commitment to global diversity and leadership development opportunities for women and people of color. Pitney Bowes will receive its award at the magazine’s 2009 Awards Gala & Leadership Forum in Chicago, Illinois on September 16, 2009.
“At Pitney Bowes, we realize our greatest asset is our people,” said Susan Johnson, Vice President, Strategic Talent Management and Diversity Leadership, Pitney Bowes Inc. “We recruit, mentor and retain diverse talent to ensure that we develop the managers, leaders and systems necessary to maintain diversity of thought and talent for more robust programs and services.”
The Diversity MBA Magazine results were based on an evaluation of retention, inclusion practices, recruitment strategies and accountability. In addition, diversity programs, representation in management of women and people of color and a pipeline for diverse managers were criteria considered. An internal validation method using management and board diversity representation was also used.
Pitney Bowes’ diversity and inclusion practices are incorporated into the organization’s business strategy, thanks to the creation of a Diversity Task Force in 1993. This task force created a vision statement and strategic planning process that required each line of business to develop measurable goals to create and sustain a diverse environment.
“Pitney Bowes has a longstanding commitment to diversity,” said Pam McElvane, publisher & CEO, Diversity MBA Magazine. “The company has evolved along with the expansion of our surveys and continues to rank among the top companies in developing their people for leadership. Making the top 10 companies for board diversity further illustrates commitment from their top leadership. Clearly, this is an organization that embraces diversity and inclusion within their culture.”
About Pitney Bowes:
Pitney Bowes is a mailstream technology company that helps organizations manage the flow of information, mail, documents and packages. Our 35,000 employees deliver technology, service and innovation to more than two million customers worldwide. The company was founded in 1920 and annual revenues now total $6.3 billion. More information is available at www.pb.com.