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IBM exec Lautenbach joins Pitney Bowes as CEO
STAMFORD, Conn. — Pitney Bowes has appointed Marc B. Lautenbach as its new president and CEO, effective immediately. Lautenbach succeeds Murray D. Martin, who is retiring as the company’s chairman, president and CEO and has resigned from the company’s board of directors.
Martin will continue to work with Lautenbach, who has nearly 30 years of experience in the technology and business services industry in senior leadership positions at IBM, on an effective transition.
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Transplace takes on Canada with new deal
Leading third party logistic provider Transplace has acquired Canada’s Torus Freight Systems.
Transplace, a leading provider of transportation management services and logistics technology, acquired for an undisclosed sum Torus Freight Systems, a Canadian-based logistics services company focused on Canadian cross-border and intra-Canada freight.