Pitney Bowes Inc., a global leader in shipping, mailing, technology, logistics, and financial services, has announced the appointment of John Witek as interim Chief Financial Officer, which began on March 19, 2024. Witek, who previously served as head of global business services and chief financial officer of the SendTech segment, steps into the role following the departure of Ana Maria Chadwick, who is transitioning to a new position outside the company.
Witek's appointment underscores Pitney Bowes' commitment to maintaining stability and advancing strategic initiatives during this transitional period. With an extensive background in corporate finance spanning nearly four decades, including significant contributions to Pitney Bowes since joining in 2019, Witek is well-positioned to lead the finance function.
During his tenure as head of global business services, Witek prioritized driving efficiency and transformation across the organization, demonstrating his ability to navigate complex business challenges. As Chief Financial Officer of the SendTech segment from 2019 to 2022, he played a pivotal role in enhancing disciplined capital management and executing strategic investments to drive growth adjacencies.
Jason Dies, the current interim Chief Executive Officer of Pitney Bowes, expressed confidence in Witek's ability to deliver results in his new role, citing his track record of success and deep understanding of the company's operations. Dies highlighted Witek's instrumental role in the repositioning of SendTech, emphasizing his experience and insight as valuable assets for advancing Pitney Bowes' strategic objectives.
Witek's corporate finance experience extends beyond Pitney Bowes, having previously served as vice president of global financial operations at Concentrix, in addition to various financial leadership positions at IBM. His expertise in cost rationalization programs, efficiency measures, and segment profitability improvement further strengthens his ability to drive financial performance and operational excellence.
In his interim role as Chief Financial Officer, Witek will lead efforts to explore new opportunities for capital and operational efficiency, aligning with Pitney Bowes' strategic direction. His appointment signals continuity and stability for the company as it transitions to new leadership in the finance function.
Pitney Bowes, with its global reach and diverse clientele, remains a trusted partner for small businesses, retail, enterprise, and government clients worldwide, providing innovative solutions to simplify the complexity of sending mail and parcels. The company's commitment to delivering exceptional service and driving value for its customers continues to be a cornerstone of its success.
Additional details regarding this transition will be provided to stakeholders through a Form 8-K filing with the U.S. Securities and Exchange Commission, ensuring transparency and compliance with regulatory requirements. As Pitney Bowes navigates this period of change, it remains focused on delivering value to its stakeholders and advancing its mission of simplifying commerce for businesses worldwide.
