21-05-2025
Activist Investor Who Won Pitney Bowes Proxy Battle Is About to Be CEO
The head of Hestia Capital Management is poised to become chief executive officer of Pitney Bowes Inc., about two years after the activist investor won board seats at the shipping services provider.
Hestia Founding Member Kurt Wolf is expected to be named CEO of the Stamford, Connecticut-based company as soon as Wednesday, replacing Lance Rosenzweig, according to people familiar with the matter, who asked to not be identified because it isn't public yet. Wolf won a seat on the Pitney Bowes board in 2023 along with three other Hestia nominees.
