Monahan adds COO role to his CFO duty at Pitney Bowes
Mail services giant Pitney Bowes has merged the roles of chief operating officer and chief financial officer, with CFO Michael Monahan taking the job. Chief executive Marc B Lautenbach said the appointment, effective immediately, reflected the job Monahan was already doing at the US-based firm.
Pitney Bowes said Monahan has global responsibilities for sales operations, client operations, information technology, procurement, supply chain and real estate.
Pitney Bowes’ Michael Monahan
He will also continue to head up financial operations of the company, and oversee corporate strategy and development.
“Naming Mike as COO reflects his day-to-day contributions to Pitney Bowes,” said Lautenbach. “Mike is an invaluable partner not only to me but to the entire executive team as we work to transform Pitney Bowes. Simply put, we would not have been able to make progress as fast as we have without Mike’s intimate understanding of the operations of our business.”
Pitney Bowes, the world’s largest provider of mailroom solutions, said Monahan has been with the company since 1988, holding positions in Corporate Accounting, Investor Relations, Corporate Development, as a business unit CFO and product management.
He was appointed CFO in 2008.
Before being chief financial officer, he served as Pitney Bowes President of the Mailstream Solutions and Services – Americas, the portfolio of which included North and South American operations of the SMB Mailing Business and Presort Mail Services. He led the formation of the company’s Presort Mail Services division through a series of acquisitions and partnerships. Before joining Pitney Bowes Monahan was a senior auditor with Price Waterhouse.
Monahan is a Certified Public Accountant and holds B.S. and M.S. degrees from the State University of New York at Albany.
