Pitney Bowes Forms Global Ecommerce Business Unit; Names Lila Snyder, President
June 10 2015 - 9:03AM
Business Wire
New Business Unit Combines Recently Acquired
Borderfree with Pitney Bowes Existing Ecommerce Business
Pitney Bowes Inc. (NYSE:PBI), a global technology company that
provides innovative products and solutions to power commerce, today
announced it has formed the Global Ecommerce business unit. The
newly created business unit combines recently acquired Borderfree
with Pitney Bowes’ existing Ecommerce business.
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Pitney Bowes Names Lila Snyder President,
Global Ecommerce (Photo: Business Wire)
Lila Snyder, who has been leading the integration of Borderfree
into Pitney Bowes since early May, has been named President, Global
Ecommerce at Pitney Bowes, responsible for the company’s overall
ecommerce business and strategy. Snyder, who previously served as
President of Document Messaging Technologies (DMT), joined Pitney
Bowes from McKinsey and Co. in November 2013. She will
continue to report directly to Marc B. Lautenbach, President and
CEO, Pitney Bowes.
“Lila has been part of my leadership team since I became the
CEO, first as an external advisor and then as the leader for one of
our business units,” said Marc B. Lautenbach, President and CEO,
Pitney Bowes. “In her previous role at McKinsey, she was the lead
consultant helping us develop our growth strategy. This gave
her an in-depth understanding of our business, the key trends
driving our transformation, and the importance of ecommerce in
fueling long-term growth. As the integration leader working with
teams from Borderfree and Pitney Bowes, Lila is bringing together
two complementary, cross-border ecommerce businesses and creating
one team. As we continue to accelerate our strategic vision to grow
Pitney Bowes, Lila is exactly the right leader to drive and grow
our Ecommerce business today and in the future.”
Snyder holds S.M. and Ph.D. degrees in Mechanical Engineering
from the Massachusetts Institute of Technology and a B.S. degree in
Mechanical Engineering from the University of Miami.
The Company will provide more detail about the Global Ecommerce
business unit during its scheduled discussion of second
quarter results at 8:00 am EDT on July 30th. Instructions for
listening to the Pitney Bowes earnings results via the Web are
available on the Investor Relations page of its web site at
www.pitneybowes.com.
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global technology company offering
innovative products and solutions that enable commerce in the areas
of customer information management, location intelligence, customer
engagement, shipping and mailing, and global ecommerce. More than
1.5 million clients in approximately 100 countries around the world
rely on products, solutions and services from Pitney Bowes. For
additional information, visit Pitney Bowes at
www.pitneybowes.com.
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Pitney Bowes Inc.Bill Hughes, 203-351-6785Chief Communications
OfficerWilliam.hughes@pb.com
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