Pitney Bowes says Sending Technology head Shemin Nurmohamed left; $636,000 separation pay
Pitney Bowes entered a separation agreement with Shemin Nurmohamed, former Executive Vice President and President of Sending Technology Solutions, whose departure took effect September 11, 2025. The agreement provides her a cash payment equal to 52 weeks of base salary, plus a separate lump sum, and allows some incentive awards to keep vesting.
Key points
- Separation Amount of $636,000, equal to 52 weeks of base salary, paid over regular paydays
- Separate lump sum payment of $354,069, due within 30 days of the September 11, 2025 Separation Date
- Certain incentive awards outstanding at least one year continue vesting and remain exercisable under their terms
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 26, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.