Ms. Alberti-Perez added:
“Lance has earned the Board’s confidence by positioning Pitney Bowes to deliver on its commitments to customers, shareholders and other stakeholders during a period of transformation. He has exceeded expectations when it comes to leading progress across all four of our key initiatives, resulting in enhanced efficiencies across the Company’s remaining segments. Thanks to the efforts of Lance and the rest of the management team, we have been able to drive a significant share price recovery and situate the Company to seize on exciting opportunities on the horizon. I also want to take this opportunity to welcome Paul, Catherine and Julie, each of whom brings additive skills and fresh perspectives to our Board.”
Kurt Wolf, Chair of the Value Enhancement Committee and Executive Compensation Committee, concluded:
“The appointment of Milena as Chair and Lance as permanent CEO establishes leadership at Pitney Bowes that is fully committed to prioritizing shareholders’ interests above all else. They have earned the trust of our investors over the past two years by first campaigning for necessary changes and subsequently overseeing value creation once inside the Company. I look forward to working with them, as well as the rest of the Board, to continue driving the results our shareholders and other stakeholders deserve.”
Additional details around today’s announcements will be filed with the Securities and Exchange Commission on a Form 8-K.
New Director Biographies
Paul Evans
Mr. Evans is a seasoned public company finance executive with experience overseeing successful financial initiatives and transformations that will be additive to Pitney Bowes’ Board. He most recently served as Chief Operating Officer at America’s Auto Auction Group, where he oversaw the organization’s strategy and operations. Before joining America’s Auto Auction Group, Mr. Evans served as Interim Chief Executive Officer at Hill International, Inc. (formerly NYSE: HIL), Chief Financial Officer of Sevan Multi-Site Solutions, Chief Financial Officer at MYR Group, Inc. (NASDAQ: MYRG), Chief Executive Officer at Conex Energy Corporation and Treasurer and Corporate Officer at NorthWestern Energy, Inc. (NASDAQ: NWE). He is also an experienced public company director, having served on the boards of Hill International, Inc. (formerly NYSE: HIL), and GameStop Corp. (NYSE: GME) during periods of leadership change and transformation. Mr. Evans holds a Master of International Management from Thunderbird School of Global Management and a BBA from Stephen F. Austin State University and is also a Certified Public Accountant and a U.S. Army veteran.
Catherine Levene
Ms. Levene is an experienced public company executive and director with more than 25 years of digital innovation experience that will be additive to Pitney Bowes’ Board. She most recently served as President of Meredith Corporation’s (NYSE: MDP) National Media Group prior to its acquisition by IAC’s (NASDAQ: IAC) Dotdash in 2021. There, she was named the first female Officer of the Company. Ms. Levene previously served as Co-Founder and Chief Executive Officer of Artspace Marketplace, an online marketplace for discovering and buying art, which was sold to Phaidon, Inc. in 2014. In addition, Ms. Levene has held executive positions at The New York Times Company and DailyCandy (sold to Comcast in 2008). She has served as a director of several private companies and organizations, including National Public Radio Inc., Rent the Runway, Inc., Ad.Net Inc., Business.com, Purch and TheFind. Ms. Levene earned a dual Bachelor’s degree from The University of Pennsylvania and The Wharton School of Business and an MBA from Harvard University.
