Walter Bowes

Walter Bowes (1882–1957) was an English-born industrialist and sportsman who came to fame in the United States as the co-founder of Pitney Bowes.

An entrepreneur and salesman, he achieved great success as a businessman and also had a passion for racing yachts and horses.

He co-founded the Pitney-Bowes Postage Meter Company in 1920. Today, the company that bears his name, Pitney Bowes Inc., is a $6.1 billion provider of software, hardware and services related to documents, packaging, mailing and shipping, collectively referred to as the mailstream.

Walter Bowes was born in Maw Street, Bradford, England, in 1882 and later moved to the United States.

He began his career as a salesman. In one of his earliest jobs at the Addressograph Company, an Iowa-based manufacturer of addressing systems, he achieved some success—but quit the company after a year so he could sail his 23-foot sloop.

In 1908 he was selling check-endorsing machines, and a year later he bought the Universal Stamping Machine Company. Within a few years, his company had established relationships with the U.S. Postal Service, providing stamp-cancelling machines on a rental basis. Between 1912 and 1917 he achieved prominence in postal circles for his promotion of permit printing of mail. He expanded internationally, selling his machines to Germany, England and Canada. In 1917, he moved his operation to Stamford, Connecticut.

While he was successful selling stamp-cancelling machines, Bowes felt that postage stamps would become obsolete—and that a more automated way to apply postage could present opportunities. A postal official suggested he contact Arthur Pitney, an inventor who had been working on such a device for nearly two decades. When they met in 1919, Pitney had already invested $90,000 in his invention, his patents were expiring and his company, the American Postage Meter Company had had little to show for his efforts.

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