
	Michael Monahan was named Executive Vice President and Chief Financial Officer effective March 1, 2008. &nbsp;In this role, Mike has responsibility for the financial operations of the company on a global basis. This includes treasury, audit, investor relations, corporate development, tax functions and driving results with the business units. &nbsp; &nbsp;

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	In May of 2007 Mike took on management of the Mailstream Solutions and Services - Americas business. This included North and South American operations for the core mailing business in addition to the Mail Services portfolio. The group represents more than 1.3 million customers, over two billion dollars in annual revenue, and greater than 50% of the company&rsquo;s earnings. &nbsp;Mike oversaw the consolidation of multiple business groups into a single business and initiated a focused program to improve the customer experience. &nbsp;Mike is a board member of the Pitney Bowes joint venture in Brazil.

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	Mike has overseen Pitney Bowes&rsquo; entry and expansion in the U.S. domestic and international mail services markets. &nbsp;In five years, the company has achieved a market leader position, processing over 12 billion domestic letters and over 70 million pounds of international outbound mail annually through more than 30 locations across the US. &nbsp;Current annualized revenues exceed $500 million and lead the industry in profitability.

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	In addition, Mike led the formation of the company&rsquo;s Marketing Services division through a series of acquisitions and partnerships. &nbsp;The Marketing Services portfolio includes marketing strategy planning, public/private marketing partnerships, co-op and incentive marketing and other Mailstream related services.

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	In addition to the business development activities noted above, Mike was responsible for global product management for the core mailing business from 2003 to 2008. &nbsp;Successes included many product innovations in mail finishing, mail creation and distribution solutions, as well as entries into the postal kiosk and online-auction shipping markets.&nbsp;

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	Mike joined Pitney Bowes in 1988 as Manager of Corporate Accounting and was promoted several times within the finance and accounting organization. &nbsp;In 1995 he was named Director, Investor Relations serving as the company&#39;s primary contact with the investment community. &nbsp;In 1998 he was promoted to Vice President, Finance and Information Technology for the Production Mail division (now DMT) where he was responsible for the finance and information systems functions. &nbsp;In 1999, Mike was appointed Vice President, Investor Relations and Financial Research. &nbsp;During this time, Mike led the successful spin-off of the Office Systems Division (now Oc&eacute; Imagistics). &nbsp;In 2001, he became Vice President, Corporate Development with responsibilities for mergers and acquisitions and major equity investments. &nbsp;Prior to joining Pitney Bowes, he was a Senior Auditor with Price Waterhouse.

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	Mike is a member of the Board of the Armed Services YMCA, and a member of the Board of the Sherman Higher Education Fund. &nbsp;Mike is a former Board Chairman of the Urban League of Southwestern Connecticut. &nbsp;Mike is a Certified Public Accountant who holds B.S. and M.S. degrees from the State University of New York at Albany.
