Pitney Bowes appoints Todd Everett as EVP and President of SendTech, shares move 0.04%

By Philip Seaworth • Friday, September 12 15:36 • Permanent Link

Pitney Bowes Inc. (NYSE: PBI) has announced the appointment of Todd Everett as EVP and President of Sending Technology Solutions (“SendTech”), a significant move following the strategic review announced in May 2025. Everett brings with him approximately three decades of experience and has previously served as CEO of Newgistics, Inc., which was later acquired by Pitney Bowes for $475 million in 2017. He is expected to leverage his expertise in operational excellence and shipping software to pursue profitable growth for SendTech.

In addition to Everett's appointment, Wayne Walker, an experienced public company director, has been appointed as an Independent Member of the Company’s Board, filling the vacancy created by Everett's transition to SendTech. Walker brings a wealth of experience in finance, law, organizational transformations, and transactions to the board.

Furthermore, the company has announced actions to help realize the full value of The Pitney Bowes Bank and the company’s Global Financial Services Business. Effective immediately, leadership of PB Bank will report directly to CEO Kurt Wolf, and other GFS leadership will report directly to CFO Paul Evans or SVP of Information Technology and Security Wes Kirschner. This interim reporting structure is intended to explore all pathways to maximizing the value of both the bank and non-bank components of GFS.

Christopher Johnson, the former SVP and President of GFS, has stepped down from his roles, and the company thanks him for his valuable service.

These changes come as part of Pitney Bowes' efforts to maximize the value of its businesses and pursue profitable growth opportunities. The company aims to capitalize on the strengths of its leadership team to drive sustainable and profitable growth in the coming quarters.

Pitney Bowes, a technology-driven products and services company, provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, including more than 90 percent of the Fortune 500. The company's latest moves reflect its commitment to strategic leadership appointments and an ongoing evaluation of its financial services business to unlock greater value for shareholders and stakeholders. As a result of these announcements, the company's shares have moved 0.04% on the market, and are now trading at a price of $11.435. For more information, read the company's full 8-K submission here.

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