English
Français
Deutsch
Italiano
Português
Русский
Español
简体中文
日本語
By Adriano Marchese
Pitney Bowes shares rose sharply in early trading on Monday after the company said it appointed Jason Dies to succeed Marc Lautenbach as chief executive on an interim basis.
At 10:14 a.m. ET, shares were trading 13% higher at $3.42.
Dies has been with the shipping and mailing company since 2015, most recently serving in the role of executive vice president and group president.
Pitney Bowes’s board will conduct seek a permanent candidate for the role with the support of an independent search firm.
Lautenbach was appointed president and CEO in December 2012 and the company thanked Lautenbach for his service but didn’t give a reason for his exit.
Write to Adriano Marchese at [email protected]
Read the full article here
