Business & Tech
Longtime Stamford-Based Company Relocates Headquarters
The company had been based in Stamford since its founding in 1920.
STAMFORD, CT — Pitney Bowes, the global shipping and mailing company, has moved its corporate headquarters out of Stamford and relocated to existing office space in Shelton, according to recent filings with the U.S. Securities and Exchange Commission.
The company had been based in Stamford since its founding in 1920 when Arthur Pitney and Walter Bowes founded The Pitney Bowes Postage Meter Company.
Most recently, the company was based at 3001 Summer St. in Stamford, and was previously at a corporate campus on Elmcroft Road.
Find out what's happening in Stamfordfor free with the latest updates from Patch.
In its 2025 annual report filed with the SEC, Pitney Bowes said that effective Jan. 1, it relocated corporate headquarters to 27 Waterview Drive in Shelton.
The company noted it incurred a $7 million abandonment charge related to the closure of the corporate office in Stamford.
Find out what's happening in Stamfordfor free with the latest updates from Patch.
Pitney Bowes CEO Kurt Wolf said in a recent letter to shareholders that the move was made in part to help enhance and streamline operations.
"Our cultural reset helped us make the decision to move our corporate headquarters to the Company’s existing facility in Shelton, Connecticut and eliminate the complex structure of our Global Financial Services group," Wolf wrote.
It's unclear what the move meant for the company's workforce, either in Stamford or Shelton. Patch has reached out to the company for comment.
Pitney Bowes recorded a 2025 fourth quarter revenue of $478 million, down 7 percent from the prior year.
Revenue declined 7 percent to $1.89 billion for the full year in 2025, but the company totaled a profit of $145 million, after a loss the year before.
In 2024, Pitney Bowes laid off nearly 1,000 employees across the United States.
More information on the company's financial results for the fourth quarter 2025 and full year can be found here.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.