Hestia Capital Nominates Seven Candidates For Election To Pitney Bowes' Board

RTTNews | 888 days ago
Stocktwits
Hestia Capital Nominates Seven Candidates For Election To Pitney Bowes' Board

(RTTNews) - Hestia Capital Management, LLC, which is the third largest stockholder of Pitney Bowes, Inc. (PBI) and has a beneficial ownership position of approximately 7.2% of the Company's outstanding shares, announced Monday that it has nominated seven highly qualified and independent candidates for election to the Company's nine-member Board of Directors at the Company's 2023 Annual Meeting of Stockholders.

Hestia has nominated seven candidates in order to enable two incumbents to continue to serve for continuity purposes. The Hestia slate includes Milena Alberti-Perez, Todd Everett, Carl Grassi, Katie May, Ken McBride, Lance Rosenzweig and Kurt Wolf.

Hestia said it has purposefully recruited a well-rounded slate of director candidates that possesses capital allocation acumen, corporate governance expertise, relevant sector backgrounds, operating and transaction experience and ownership perspectives - all of which are needed at Pitney Bowes.

Tags: PBI
Stocktwits
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Thai Stock Market May Stop The Bleeding On Monday

Thai Stock Market May Stop The Bleeding On Monday

The Thai stock market has moved lower in back-to-back sessions, slumping more than 25 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,080-point plateau although it's expected to find support on Monday.
RTTNews | 13 minutes ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, extending the gains in the previous four sessions, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 40,800 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 34 minutes ago
Indonesia Shares Poised Extend Thursday's Gains

Indonesia Shares Poised Extend Thursday's Gains

Ahead of Friday's holiday for the Islamic New Year, the Indonesia stock market had moved higher in two of three trading days since the end of the four-day losing streak in which it had dropped more than 370 points or 5 percent. The Jakarta Composite Index now sits just beneath the 6,900-point plateau and it may see additional support on Monday.
RTTNews | 43 minutes ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Monday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,500.00 level, with gains is financial and technology stocks partially offset by weakness in mining stocks.
RTTNews | 56 minutes ago
Higher Open Expected For Hong Kong Stock Market

Higher Open Expected For Hong Kong Stock Market

The Hong Kong stock market has tracked lower in two straight sessions, dropping more than 190 points or 0.8 percent along the way. The Hang Seng Index now sits just above the 24,280-point plateau although it's likely to move back to the upside again on Monday.
RTTNews | 58 minutes ago
China Bourse Expected To Snap Losing Streak

China Bourse Expected To Snap Losing Streak

The China stock market has moved lower in two straight sessions, shedding more than 30 points or 0.9 percent along the way. The Shanghai Composite Index now sits just beneath the 3,425-point plateau although it's expected to rebound on Monday.
RTTNews | 1h 13min ago
Taiwan Stock Market Tipped To Open In The Green

Taiwan Stock Market Tipped To Open In The Green

The Taiwan stock market has moved higher in straight sessions, advancing almost 850 points or 3.9 percent along the way. The Taiwan Stock Exchange now sits just above the 22,580-point plateau and it's expected to open to the upside again on Monday.
RTTNews | 1h 43min ago
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