IBM exec Lautenbach joins Pitney Bowes as CEO
STAMFORD, Conn. — Pitney Bowes has appointed Marc B. Lautenbach as its new president and CEO, effective immediately. Lautenbach succeeds Murray D. Martin, who is retiring as the company’s chairman, president and CEO and has resigned from the company’s board of directors.
Martin will continue to work with Lautenbach, who has nearly 30 years of experience in the technology and business services industry in senior leadership positions at IBM, on an effective transition.
“I am proud to have been a part of Pitney Bowes’ growth and evolution since joining the company in 1987. I believe Marc has the right background and experience to lead Pitney Bowes forward, and to execute on the initiatives necessary to drive future growth and value creation for shareholders,” said Martin.
At different stages of his 27-year career at IBM, Lautenbach oversaw the small- and medium-size customer segment. In addition, as the executive responsible for sales in the Americas, he has had substantial experience in the enterprise and federal government segments. Most recently, Lautenbach served as managing partner of IBM North America Global Business Services, and was responsible for the consulting and systems integration business, overseeing professionals globally.
Lautenbach has served in various senior management positions of increasing responsibility, including GM, IBM North America; GM, IBM Global Small and Medium Business; and VP, IBM Asia-Pacific Small and Medium Business. As GM of IBM North America, Lautenbach led the IBM sales and distribution operations in the U.S., Canada and Latin America. As GM for IBM Global Small and Medium Business, he was responsible for all of IBM’s efforts in support of small and medium businesses worldwide, including strategy, offering and channel development and marketing and sales. Lautenbach was also appointed to IBM’s Worldwide Management Committee in 2001, and then to the Performance Team and the Integration and Values Team in 2006.
“It is an honor to lead Pitney Bowes, a company with a long and proud history. I view this as a time of great opportunity to build an even stronger future for the company with its valuable portfolio of innovative products and solutions, strong customer relationships and a team of deeply talented and devoted employees around the world. I look forward to working with the board of directors, executive team and all Pitney Bowes employees to enhance the company’s market position and accelerate our transformation for future growth and success for the benefit of all stakeholders,” said Lautenbach.
Lautenbach graduated Phi Beta Kappa, magna cum laude from Denison University and also earned an M.B.A. from the Kellogg Graduate School of Management, Northwestern University.