Pitney Bowes Reports Director Changes and Compensation
Ticker: PBI-PB · Form: 8-K · Filed: Aug 21, 2025 · CIK: 78814
| Field | Detail |
|---|---|
| Company | Pitney Bowes Inc /De/ (PBI-PB) |
| Form Type | 8-K |
| Filed Date | Aug 21, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1, $450,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing-update
Related Tickers: PBI
TL;DR
PB board shakeup & comp changes filed. Check it.
AI Summary
Pitney Bowes Inc. reported on August 17, 2025, changes in its board of directors and executive compensation arrangements. The filing also includes financial statements and exhibits, with the company's principal executive offices located at 3001 Summer Street, Stamford, Connecticut.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directors and executive compensation can indicate internal shifts that may affect the company's future direction and stability.
Key Players & Entities
- Pitney Bowes Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Stamford, Connecticut (location) — Principal executive offices
- August 17, 2025 (date) — Date of earliest event reported
FAQ
What specific changes were made to the board of directors?
The filing indicates a 'Departure of Directors or Certain Officers' and 'Election of Directors' as an item of information, but the specific names and details of these changes are not provided in the provided text.
What are the details of the compensatory arrangements for certain officers?
The filing lists 'Compensatory Arrangements of Certain Officers' as an item of information, but the specific details of these arrangements are not included in the provided text.
When was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is August 17, 2025.
What is the principal business address of Pitney Bowes Inc.?
The principal business address is 3001 Summer Street, Stamford, Connecticut 06926.
What is the SIC code for Pitney Bowes Inc.?
The Standard Industrial Classification (SIC) code for Pitney Bowes Inc. is 3579, which corresponds to 'OFFICE MACHINES, NEC'.
Filing Stats: 563 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2025-08-21 16:30:25
Key Financial Figures
- $1 — ange on Which Registered Common Stock, $1 par value per share PBI New York Stock
- $450,000 — ay consisting of a cash amount equal to $450,000, to be paid in installments on regular
Filing Documents
- pbi-20250817.htm (8-K) — 27KB
- exhibit101pitneybowes-bgse.htm (EX-10.1) — 80KB
- 0000078814-25-000018.txt ( ) — 276KB
- pbi-20250817.xsd (EX-101.SCH) — 3KB
- pbi-20250817_def.xml (EX-101.DEF) — 15KB
- pbi-20250817_lab.xml (EX-101.LAB) — 27KB
- pbi-20250817_pre.xml (EX-101.PRE) — 16KB
- pbi-20250817_htm.xml (XML) — 4KB
02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS. On August 17, 2025, Pitney Bowes Inc. (the "Company") entered into a separation agreement (the "Separation Agreement") with Robert Gold in connection with his cessation of service as EVP, Chief Financial Officer and Treasurer and departure from the Company, each effective as of July 29, 2025 (the "Effective Date") as described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 30, 2025. Pursuant to the Separation Agreement, subject to a release of claims, Mr. Gold will receive transition pay consisting of a cash amount equal to $450,000, to be paid in installments on regular paydays following the Effective Date. The foregoing description of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits 10.1 Separation Agreement, dated as of August 17, 2025, between Pitney Bowes Inc. and Robert Gold. 104 The cover page of Pitney Bowes Inc.'s Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Pitney Bowes Inc. By: /s/ Lauren Freeman-Bosworth Name: Lauren Freeman-Bosworth Date: August 21, 2025 Title: Executive Vice President, General Counsel and Corporate Secretary