President Managed Business Services - Pitney-Bowes

Customer Communications Management

As President of PBMS, Vince de Palma is responsible for developing and implementing a strategy for the organization that will deliver profitable, sustainable, leading edge solutions for its customers and improve revenue and earning results.

He also works closely with the other business units to identify opportunities to pull through their portfolio of products, services and solutions to PBMS customers. Vince joined Pitney Bowes in June 2005 from Automatic Data Processing (ADP) where he was most recently President of ADP Benefit Services, which includes ADP's Retirement Services, Health and Welfare Services, and Screening and Selection Services divisions. In this position, he led the turnaround of several underperforming businesses, increased annual revenue and client retention, improved net processing income margins, integrated several strategic acquisitions, and improved employee retention.

His previous role at ADP was Senior Vice President-Group Marketing and Business Development where he was responsible for identifying new business opportunities and developing marketing plans for mission critical payroll and HR products. Prior to joining ADP, Vince was Vice President and General Manager of Petroleum Heat and Power Company headquartered in Stamford, Ct. He was responsible for the successful financial turnaround of this business. Vince also spent twelve years at McKinsey & Company in New York and Stamford where he led consulting projects for Fortune 500 companies in the industrial sector. He worked with clients in a wide variety of businesses such as UPS, Mobil, Champion International, PSE&G, AT&T, and Texaco. Vince was also the worldwide co-leader of McKinsey's Innovation Center of Competence where he codified the organizational skills and capabilities that improve a company's ability to generate and commercialize a continuous stream of new products, services and/or process improvements on an ongoing basis. Vince began his professional career as a Refining Engineer with Exxon.

Vince received his Bachelor of Science degree in Chemical Engineering from Lafayette College and his Masters of Business Administration in Finance from The Wharton School of Business at the University of Pennsylvania.

About Pitney Bowes

Pitney Bowes is the world's leading provider of mailstream solutions. Their innovations have redefined industries. And today, their advanced technology and comprehensive suite of services are turning the mailstream into a profit engine for over two million businesses ā€“ from the largest global enterprise to the smallest home office. As a company, they continue to grow and evolve. But they also remain true to their 87-year heritage. A foundation built on a passion for invention, a belief in the power of diversity and a deep-rooted commitment to corporate responsibility, financial accountability and communit