Pitney Bowes 2007 Annual Report Download - page 48

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30
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also,
projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate
because of changes in conditions, or that the degree of compliance with internal control policies or procedures may
deteriorate.
Management assessed the effectiveness of the Company’ s internal control over financial reporting as of December 31, 2007.
In making this assessment, management used the criteria set forth by the Committee of Sponsoring Organizations of the
Treadway Commission (COSO) in Internal Control - Integrated Framework. Management’ s assessment included evaluating
the design of the Company’ s internal control over financial reporting and testing of the operational effectiveness of the
Company’ s internal control over financial reporting. Based on our assessment, we concluded that, as of December 31, 2007,
the Company’ s internal control over financial reporting was effective based on the criteria issued by COSO in Internal
Control – Integrated Framework.
PricewaterhouseCoopers LLP, the independent registered public accounting firm that audited the Company’ s financial
statements included in this Form 10-K, has issued an attestation report on the Company’ s internal control over financial
reporting, which report is included on page 37 of this Form 10-K.
ITEM 9B. – OTHER INFORMATION
None.
PART III
ITEM 10. – DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
The information pertaining to Directors of the Company and the Audit Committee of the Board of Directors is incorporated
herein by reference to the sections entitled “Compensation Committee Interlocks and Insider Participation,” "Election of
Directors," "How much stock is owned by directors and executive officers?," "Which stockholders own at least 5% of Pitney
Bowes?," "Security Ownership of Directors and Executive Officers," "Audit Committee" and "Corporate Governance" of the
Pitney Bowes Inc. Notice of the 2008 Annual Meeting and Proxy Statement are incorporated herein by reference. Executive
officers of the Company are as follows:
Executive Officers of the Registrant as of February 29, 2008
Executive
Name Age Title Officer Since
Murray D. Martin 60 President and Chief Executive Officer 1998
Michael J. Critelli 59 Executive Chairman 1988
Gregory E. Buoncontri 60 Senior Vice President and Chief Information Officer 2000
Bruce P. Nolop 57 Executive Vice President and Chief Financial Officer 2000
Johnna G. Torsone 57 Senior Vice President and Chief Human Resources Officer 1993
Leslie R. Abi-Karam 49 Executive Vice President and President, Document Messaging
Technologies
2005
Elise R. DeBois 52 Executive Vice President and President, Global Financial Services 2005
Vincent R. De Palma 50 Executive Vice President and President, Pitney Bowes
Management Services
2005
Patrick J. Keddy 53 Executive Vice President and President, Mailstream International 2005
Michael Monahan 47 Executive Vice President and President, Mailing Solutions and
Services
2005
There is no family relationship among the above officers, all of whom have served in various corporate, division or
subsidiary positions with the Company for at least the past five years except for Mr. De Palma.