This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Pitney Bowes Forms New Global E-commerce Business Group

Pitney Bowes Inc. (NYSE: PBI) today announced it has formed a new global e-commerce business group that will focus on growing its international e-commerce solutions and cross-border parcel services to help retailers create a seamless online purchasing and shipping experience for consumers. In addition, Craig Reed has been appointed to the position of vice president, Global E-commerce and will oversee the overall strategy, sales, and business development of this new international group. Reed will continue to report to Jay Oxton, president of Mail Services at Pitney Bowes.

Pitney Bowes has been in the cross-border shipping market since 2004. During the last few years, the Company has been focusing on the cross-border parcel space to meet the growing needs of retail customers as they expand their businesses around the world. The Company’s Software as a Service (SaaS) solutions help retailers sell to international customers, reduce the challenges associated with international e-commerce, and grow their business.

“The e-commerce and cross-border parcel market space is primed for tremendous growth and our new global e-commerce business group will help Pitney Bowes continue to expand the reach of our services to help retailers access global markets,” said Oxton. “I am very pleased that Craig Reed will be leading this exciting business for Pitney Bowes. He possesses a wealth of knowledge and experience in international e-commerce and we look forward to his future contributions to the business.”

Reed’s range of experience in delivering technology and services in the e-commerce space includes strategy, business development and operations, having come to Pitney Bowes in 2005 through the acquisition of Borderfree’s Clearpath Technology. During his tenure at Borderfree, Ltd., Reed was president of the company, and held a variety of additional senior management roles in business development and operations. His experience also includes working as a senior management consultant at Monitor Company in Ontario, Canada.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs