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Mark Gompertz has joined Hearst Magazines as creative director, content extensions, it was announced today by John Loughlin, executive vice president/general manager, Hearst Magazines. In this key role, Gompertz will focus on developing and executing compelling and substantive content for the company’s print and digital brands, which include 20 consumer magazines and 28 websites in the U.S. Hearst Books, under the leadership of Jacqueline Deval, will become part of the content extension initiative.
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Pitney Bowes Inc. (NYSE: PBI) announced today that S. Douglas Hutcheson has been elected a director of the corporation, effective July 9, 2012.
The Board of Directors of Pitney Bowes Inc. (NYSE: PBI) declared a quarterly cash dividend on the company’s common stock of 37.5 cents per share, payable September 12, 2012, to stockholders of record on August 10, 2012; a quarterly cash dividend of 53 cents per share on the company’s $2.12 convertible preference stock, payable October 1, 2012, to stockholders of record September 14, 2012, and a quarterly cash dividend of 50 cents per share on the company’s 4 percent convertible cumulative preferred stock, payable November 1, 2012, to stockholders of record October 15, 2012.
Investcorp, the alternative investments specialist, announced today its acquisition of Rogers, Minnesota-based Archway Marketing Services, Inc., a provider of marketing logistics and fulfilment services in North America, for approximately $300 million, which represented less than 10x EBITDA.
