New Business Unit Combines Recently Acquired Borderfree with Pitney
Bowes Existing Ecommerce Business
STAMFORD, Conn.--(BUSINESS WIRE)--Jun. 10, 2015--
Pitney Bowes Inc. (NYSE:PBI), a global technology company that provides
innovative products and solutions to power commerce, today announced it
has formed the Global Ecommerce business unit. The newly created
business unit combines recently acquired Borderfree with Pitney Bowes’
existing Ecommerce business.
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Pitney Bowes Names Lila Snyder President, Global Ecommerce (Photo: Business Wire)
Lila Snyder, who has been leading the integration of Borderfree into
Pitney Bowes since early May, has been named President, Global Ecommerce
at Pitney Bowes, responsible for the company’s overall ecommerce
business and strategy. Snyder, who previously served as President of
Document Messaging Technologies (DMT), joined Pitney Bowes from McKinsey
and Co. in November 2013. She will continue to report directly to Marc
B. Lautenbach, President and CEO, Pitney Bowes.
“Lila has been part of my leadership team since I became the CEO, first
as an external advisor and then as the leader for one of our business
units,” said Marc B. Lautenbach, President and CEO, Pitney Bowes. “In
her previous role at McKinsey, she was the lead consultant helping us
develop our growth strategy. This gave her an in-depth understanding of
our business, the key trends driving our transformation, and the
importance of ecommerce in fueling long-term growth. As the integration
leader working with teams from Borderfree and Pitney Bowes, Lila is
bringing together two complementary, cross-border ecommerce businesses
and creating one team. As we continue to accelerate our strategic vision
to grow Pitney Bowes, Lila is exactly the right leader to drive and grow
our Ecommerce business today and in the future.”
Snyder holds S.M. and Ph.D. degrees in Mechanical Engineering from the
Massachusetts Institute of Technology and a B.S. degree in Mechanical
Engineering from the University of Miami.
The Company will provide more detail about the Global Ecommerce business
unit during its scheduled discussion of second quarter results at 8:00
am EDT on July 30th. Instructions for listening to the Pitney
Bowes earnings results via the Web are available on the Investor
Relations page of its web site at www.pitneybowes.com.
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global technology company offering
innovative products and solutions that enable commerce in the areas of
customer information management, location intelligence, customer
engagement, shipping and mailing, and global ecommerce. More than 1.5
million clients in approximately 100 countries around the world rely on
products, solutions and services from Pitney Bowes. For additional
information, visit Pitney Bowes at www.pitneybowes.com.
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Source: Pitney Bowes Inc.
Pitney Bowes Inc.
Bill Hughes, 203-351-6785
Chief
Communications Officer
William.hughes@pb.com
