Michael J. Critelli

Pitney Bowes, Stamford, Conn., announced Murray D. Martin’s role will change from president and chief operating officer to president and chief executive officer. Also, Michael J. Critelli, formerly the company’s chairman and executive officer, will become executive chairman. The recent postal reform contributed to Critelli’s new position. Said Critelli, “I am pleased that the Board agreed that the time is right to evolve our leadership structure, given both our progress in expanding the business and the emerging opportunities in the global postal and public policy environment.” Robert E. Weissman, lead director of the organization’s Board of Directors, said of Martin, “We are very

Pitney Bowes, Stamford, Conn., recently announced it has signed a definitive agreement to acquire 100 percent of the stock of Print, Inc., Bellvue, Wash., for approximately $47 million, net of cash and debt. Print, Inc. is a leader in a rapidly growing component of the print management market that provides bundled offerings of printer supplies, service and equipment to manage document production. These operations will be integrated into a wholly-owned subsidiary of the company, and operate as part of its Pitney Bowes Direct group led by Neil Metviner, executive vice president and president of Pitney Bowes Direct. The acquisition helps the company add