Pitney Bowes Appoints Kurt Wolf as New CEO Amid Strategic Initiatives and Financial Guidance Reaffirmation

Reuters

22 May

Pitney Bowes Appoints Kurt Wolf as New CEO Amid Strategic Initiatives and Financial Guidance Reaffirmation

Pitney Bowes Inc. has appointed Kurt Wolf as its new Chief Executive Officer. The company plans to execute a $150 million share repurchase authorization in 2025 and aims to achieve a 3.0x adjusted leverage ratio by the end of the second quarter without retiring additional debt. Pitney Bowes will conduct a comprehensive strategic review to identify the best path for delivering significant value to shareholders while reaffirming its full-year financial guidance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pitney Bowes Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250521821749) on May 21, 2025, and is solely responsible for the information contained therein.

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