Michael Monahan is new CFO at Pitney Bowes

Pitney Bowes Inc. announced today that Michael Monahan, currently Executive Vice President and President, Mailstream Solutions and Services Americas, has been named EVP and Chief Financial Officer.

In his current position, Mr. Monahan has been responsible for the company’s largest business unit, representing annual revenues of approximately $3 billion. In this capacity, he has directed strategy and global product development for the core mailing business, where he developed breakthrough solutions such as integrated web-based shipping solutions and postal kiosks, and expanded the range of applications for internet postage. Mr. Monahan also led the expansion into several growth areas, most significantly mail services and marketing services, which today contribute more than $600 million in incremental revenue, and, under his leadership, Pitney Bowes established itself as a market leader in the US domestic presort business and international outbound mail services. Mr. Monahan joined Pitney Bowes in 1988 from PricewaterhouseCoopers as a CPA and held a variety of senior financial positions at Pitney Bowes in accounting, investor relations, and corporate development and as CFO of a business unit.

About Pitney Bowes

Pitney Bowes is a mailstream technology company that helps organizations manage the flow of information, mail, documents, and packages. Our 35,000 employees deliver technology, service, and innovation to more than two million customers worldwide. The company was founded in 1920 and annual revenues now total $6.1 billion. More information is available at www.pb.com.