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Pitney Bowes names Marc B. Lautenbach as president and CEO

Pitney Bowes (PBI) announced that the Pitney Bowes Board of Directors has appointed Marc B. Lautenbach as President and CEO, effective immediately. Mr. Lautenbach joins Pitney Bowes with nearly 30 years of experience in the technology and business services industry, having served in senior leadership positions at IBM (IBM). Mr. Lautenbach succeeds Murray D. Martin, who is retiring as the company’s Chairman, President and CEO and has resigned from the company’s board of directors. Mr. Martin will continue to work with Mr. Lautenbach on an effective transition.