Former Big Blue executive Marc B. Lautenbach has been appointed president and CEO of Pitney Bowes Inc., replacing Murray D. Martin, the Stamford company announced Dec. 3.
Lautenbach joins Pitney Bowes after a 27-year career with IBM Corp., based in Armonk, N.Y., where he most recently served as managing partner of the company’s North America Global Business Services unit.
Pitney Bowes also announced that Michael I. Roth, currently lead independent director on the company’s board of directors, has been appointed non-executive chairman of the board.
Both appointments are effective immediately.
Martin is retiring as the company’s chairman, president and CEO, and has resigned from the board of directors. He will remain with Pitney Bowes to work with Lautenbach as the company transitions leadership.
“The Board is pleased to welcome Marc to Pitney Bowes as the company’s next president and CEO,” Roth said in a prepared statement. “Marc is a successful leader and manager, with a proven track record within the technology and business services industry in the SMB (small- and medium-size business) and enterprise segments, as well as in transforming businesses, both within IBM and for its customers.”