Xerox Announces CFO Transition
October 05 2015 - 9:00AM
Business Wire
Xerox Corporation (NYSE: XRX) today announced that Chief
Financial Officer Kathryn Mikells is stepping down to pursue
another professional opportunity. Mikells will remain with Xerox
until Oct. 31, 2015 in order to ensure a smooth transition of
responsibilities. The company will immediately commence an external
search process. Leslie Varon, vice president of Investor Relations,
will serve as interim chief financial officer until a permanent
successor is named.
“As part of the leadership team, Kathy has helped bring
additional focus to the execution of our strategic priorities and
attract new talent to the company while ensuring disciplined
financial management,” said Ursula Burns, Xerox chairman and chief
executive officer. “On behalf of the company, I thank Kathy for her
contributions and wish her all the best in her future
endeavors.”
Burns added, “Leslie Varon has served in numerous senior roles
across Xerox and we are fortunate to have an executive of her
caliber to take on the additional responsibilities of interim
CFO.”
Mikells said, “I have enjoyed working with the talented and
dedicated Xerox team led by Ursula. Leaving the company is a
difficult decision, but I was presented with a unique opportunity
that I could not pass up.” Mikells added, “I joined Xerox because I
believed in the company’s strategic direction and I leave knowing
it is on the right path, progressing its strategy to deliver
increasing value for clients and shareholders.”
About Xerox
Xerox is helping change the way the world works. By applying our
expertise in imaging, business process, analytics, automation and
user-centric insights, we engineer the flow of work to provide
greater productivity, efficiency and personalization. We conduct
business in 180 countries, and our more than 130,000 employees
create meaningful innovations and provide business process
services, printing equipment, software and solutions that make
a real difference for our clients – and their customers. Learn more
at www.xerox.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151005005869/en/
Media:XeroxCarl Langsenkamp,
585-423-5782carl.langsenkamp@xerox.com
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