Hedge Fund Hestia Wins Four Seats on Pitney Bowes Board
May 9, 2023
Hedge fund Hestia Capital Management won four seats on the nine-person Pitney Bowes board as the investor involved in turning around GameStop now seeks to overhaul the strategic direction of the…
Exclusive: Pitney Bowes shareholders elect four Hestia Capital board candidates
May 9, 2023
NEW YORK, May 9 (Reuters) - Pitney Bowes Inc (PBI.N) on Tuesday said shareholders elected four director candidates proposed by Hestia Capital Management amid a boardroom challenge that criticized the…
Hestia Capital Thanks Fellow Stockholders for Their Support at Pitney Bowes’ 2023 Annual Meeting
May 9, 2023
PITTSBURGH--(BUSINESS WIRE)--Hestia Capital Management, LLC (collectively with its affiliates, “Hestia” or “we”), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney…
Hestia Capital is Filing a Preliminary Proxy Statement in Connection with Pitney Bowes’ 2023 Annual Meeting of Stockholders
March 6, 2023
Hestia announced that it is filing a preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with its nomination of five highly qualified and independent candidates…
Hestia Capital Nominates Seven Highly Qualified, Independent Candidates for Election to Pitney Bowes’ Long-Tenured, Underperforming Board of Directors | January 23, 2023
January 23, 2023
Hestia Capital announced that it has nominated seven highly qualified and independent candidates for election to the Pitney Bowes' nine-member Board of Directors at the Company’s 2023 Annual Meeting…
Hestia Capital Announces Intent to Overhaul Pitney Bowes’ Board of Directors Following 10+ Years of Significant Value Destruction Under Chair Michael Roth and CEO Marc Lautenbach
December 12, 2022
Hestia Capital Management, LLC (collectively with its affiliates, “Hestia” or “we”), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”) with a…
Exclusive: Hestia seeks to take control of Pitney Bowes board, oust CEO
December 12, 2022
NEW YORK, Dec 12 (Reuters) - Hestia Capital Partners LP plans to overhaul the board of shipping and mailing company Pitney Bowes Inc (PBI.N) and replace its chief executive and chair, according to a…
HFM US Performance Awards 2021: Shortlist Announced
September 27, 2021
(HFM Connect) – Now in their 15th year, the HFM US Performance Awards bring together the entire industry to recognise and celebrate the best performing hedge funds, CTAs and FoHFs in Europe. All…
Exclusive: GameStop’s strong stock performance triggered board director’s exit
April 8, 2021
(Reuters) – Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp’s board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.