Pitney Bowes Inc (PBI) has issued an announcement.
Pitney Bowes Inc. has solidified its leadership by naming Jason C. Dies as the Interim Chief Executive Officer, with a retention arrangement that includes a base salary of $875,000 and additional compensation terms. Dies will receive a one-time $600,000 payment, eligibility for severance benefits, and is covered under a new Indemnification Agreement that protects executives and directors, aligning with the company’s charter. This strategic move ensures stable management and secures the commitment of key leadership during the transitional phase.
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