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Activist Investor Who Won Pitney Bowes Proxy Battle Named CEO

The Pitney Bowes Las Vegas mega center. — The Pitney Bowes Las Vegas mega center.
Source: Business Wire

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By Liana Baker and Matthew Monks

May 21, 2025 at 8:33 PM UTC

Updated on

May 22, 2025 at 11:40 AM UTC

The head of Hestia Capital Management has been appointed chief executive officer of Pitney Bowes Inc., about two years after the activist investor won board seats at the shipping services provider.

Hestia Founding Member Kurt Wolf was named CEO of the Stamford, Connecticut-based company Wednesday, replacing Lance Rosenzweig, according to a statement confirming a Bloomberg News report. Wolf won a seat on the Pitney Bowes board in 2023 along with three other Hestia nominees.