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Pitney Bowes unveiled its new logo in January 2015, replacing one used since 1971; the rebranding campaign, which included an updated Web site and marketing, reportedly cost between $40 million and $80 million. [6] Pitney Bowes' 2015 profits totaled $408 million, but this declined to $95 million in profits for 2016.
In 2019 Syncsort acquired the software and data business of Pitney Bowes in a $700 million transaction backed by affiliates of Centerbridge Partners and Clearlake Capital Group. [ 37 ] [ 25 ] The deal roughly doubled the company’s size to 2,000 employees and expanded its service offerings to include data enrichment capabilities, such as ...
On May 17, 2012, Pitney Bowes filed Form 8K with the Securities and Exchange Commission, announcing that shareholders had rejected the advisory vote on executive compensation at the company. [ 36 ] While CEO of Pitney Bowes in 2008, Murray D. Martin earned a total compensation of $5,115,280, which included a base salary of $941,667, a cash ...
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