Pitney Bowes Strengthens Board of Directors with the Appointment of Brent Rosenthal
Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a technology-enabled services company that provides SaaS shipping solutions, mailing innovation and financial services to clients around the world, today announced that it has appointed Brent Rosenthal to its Board of Directors (the "Board"), effective immediately.
Mr. Rosenthal has extensive Board experience as well as over thirty years of investment expertise. Mr. Rosenthal's experience as an investor and operator in the technology industry, as well as his understanding of public company governance, supports the Company's strategic focus on digital transformation, disciplined capital allocation and enhanced Board and leadership connectivity.
Milena Alberti-Perez, Chair of the Board, commented:
"We are excited to welcome Brent to the Board. His background will be highly additive as we continue to focus on setting a clear capital allocation strategy, enhancing profitability, accelerating innovation and supporting our business leaders and employees so that Pitney Bowes can reach its full potential."
Additional details around today's announcement will be filed with the Securities and Exchange Commission on a Form 8-K.
Brent Rosenthal Biography
Mr. Rosenthal is a seasoned investor and public company director with over 30 years of experience with technology, media and telecom companies. He is the Founder of Mountain Hawk Capital Partners, LLC, an investment fund focused on small and microcap equities, and currently serves on the boards of directors of Horizon Kinetics Corporation (OTC:HKHC), Syntec Optics Holdings, Inc. (NASDAQ:OPTX) and several Puerto Rico closed-end mutual funds. Earlier in his career, Mr. Rosenthal was a Partner in affiliates of W.R. Huff Asset Management, an employee-owned investment manager, where he worked from 2002 to 2016. Prior to that, Mr. Rosenthal was director of mergers and acquisitions for RSL Communications Ltd. and served emerging media companies for Deloitte & Touche LLP. Mr. Rosenthal earned his B.S. from Lehigh University and M.B.A. from the S.C. Johnson Graduate School of Management at Cornell University and is also an inactive Certified Public Accountant.
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world – including more than 90 percent of the Fortune 500. Small businesses to large enterprises, and government entities rely on Pitney Bowes to reduce the complexity of sending mail and parcels. For the latest news, corporate announcements, and financial results, visit www.pitneybowes.com/us/newsroom. For additional information, visit Pitney Bowes at www.pitneybowes.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including those relating to capital allocation priorities, the timing and amount of repurchases of common stock, the Company's financial outlook and reaffirmation of its financial guidance, the Company's timing for achieving its deleveraging targets, the Company's strategic objective discussed above as well as other statements concerning future events. Forward-looking statements are subject to inherent risks and uncertainties, including those discussed throughout the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission on February 21, 2025, that could cause actual results to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this press release speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
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