Pitney Bowes Appoints Murray Martin Chairman of the Board
The Board of Directors of Pitney Bowes Inc. announced that effective January 1, 2009 Pitney Bowes Chief Executive Officer (CEO) Murray D. Martin will become Chairman of the Board of Directors. Mr. Martin has been CEO since May 2007 and he will retain these responsibilities when this new appointment becomes effective. The company previously announced Michael J. Critelli’s decision to retire as Executive Chairman and Director at the end of 2008.
The Board of Directors of Pitney Bowes Inc. announced that effective January 1, 2009 Pitney Bowes Chief Executive Officer (CEO) Murray D. Martin will become Chairman of the Board of Directors. Mr. Martin has been CEO since May 2007 and he will retain these responsibilities when this new appointment becomes effective. The company previously announced Michael J. Critelli’s decision to retire as Executive Chairman and Director at the end of 2008.
Mr. Martin is succeeding Mr. Critelli who joined the company in 1979, as a staff attorney. Mr. Critelli’s rise through the company included successful leadership positions as general counsel, chief personnel officer, president of Pitney Bowes Financial Services, and vice chairman. He was named chief executive officer in 1996, and chairman in 1997. He stepped down from the CEO role in 2007 when he was named executive chairman.
Prior to becoming CEO Mr. Martin served as President and Chief Operating Officer of Pitney Bowes from 2004 to 2007, with responsibility for all of the company’s business lines as well as Global Procurement and Sourcing and Pitney Bowes Advanced Concepts and Technology Center. Under his leadership, the company expanded its reach throughout all segments of the mailstream including mail services and work sharing with the acquisition of PSI, software with the acquisition of Group 1, and marketing services with the acquisition of Imagitas. Previously he served as Executive Vice President and Group President, Global Mailstream Solutions (GMS), which was the company’s core mail finishing, production and shipping business. Under his management GMS produced the next generation of technological innovations in the mailing industry including patents with applications in printing, shipping, encryption and financial services. Mr. Martin himself is the holder of a patent for a closed loop postage metering system.
