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  "documentTitle": "Hestia Pitney Bowes Presentation April 2023",
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  "notes": "Uses a quote from the CEO to frame his 'stay the course' mentality as a liability.",
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      "kind": "callout",
      "text": "Anything short of majority change will result in the Board sticking to a strategy that will only cause harm to all stakeholders.",
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      "text": "Mr. Lautenbach and his Board are wedded to a strategic path that has failed for 8+ years, which is driven by this mentality. We believe leadership teams should be evaluated by how they respond to mistakes and the flexibility to adapt when appropriate. In contrast, this “stay the course” strategy that Mr. Lautenbach calls “success” is misguided and detrimental to all stakeholders.",
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      "text": "Success is not so much a question of decisions on strategic choice as it is a question of your capability and fortitude to stay on the new course you’ve chosen.",
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      "text": "Mr. Lautenbach's Continued Commitment to a Failed Strategy Has Only Hurt Pitney Bowes Stockholders (Cont.)",
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