Anthony Lebiedzinski

Justin Dopierala

Kartik Mehta

David Steinhardt

Peter Sakon

David Steinhart

Matthew Swope

Matt Swope

- **Brent Rosenthal** has been appointed as the new independent **Chair of the Board** for Pitney Bowes Inc., effective **October 3, 2025**, succeeding Milena Alberti-Perez.  **[78814_4843847ce492449b8868396efd9c0512]** 
- Rosenthal, founder of Mountain Hawk Capital Partners, brings **over 30 years of experience** in technology, media, and telecom sectors to guide the company's transformation and growth initiatives.  **[78814_4843847ce492449b8868396efd9c0512]** 
- This leadership change coincides with an **ongoing strategic review** under new CEO Kurt Wolf, aiming to address challenges from **declining mail service demand** and improve shareholder value.  **[78814_4843847ce492449b8868396efd9c0512]** 
- Despite recent revenue declines, Pitney Bowes posted a **$35.4 million profit in the second quarter**, reversing a prior quarter loss and signaling some financial recovery.  **[78814_4843847ce492449b8868396efd9c0512]**

Pitney Bowes Appoints Brent Rosenthal Independent Chair

- Pitney Bowes Inc. secured an amendment to its Credit Agreement on **August 29, 2025**, adding **$135 million** in incremental commitments to its revolving credit facility.  **[78814_0001193125-25-193439_d15037d8k.htm:0]** 
- This amendment increases the **total aggregate commitments** under the company's revolving credit facility to **$400 million**, which matures in **March 2028**.  **[78814_0001193125-25-193439_d15037d8k.htm:0]** **[78814_0001193125-25-193439_d15037dex101.htm:0]** 
- The expanded facility is expected to provide greater flexibility for **value-enhancing capital allocation actions**, including working capital, general corporate purposes, acquisitions, and other investments.  **[78814_0001193125-25-193439_d15037d8k.htm:0]** **[78814_0001193125-25-193439_d15037dex101.htm:0]**

Pitney Bowes Inc. Amends Credit Agreement, Increasing Revolving Facility

PITNEY BOWES INC /DE/ (PBI)