Xerox CEO dies unexpectedly aged 59
The CEO helped the company move beyond analog equipment and into the digital age
The Independent UK ·
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EXPLAINED: John visentin | Vintage Vibes
Xerox Names COO Steve Bandrowczak As Interim CEO After John Visentin Dies Due To Ongoing Illness
Xerox Holdings Corp (NASDAQ:XRX) CEO John Visentin abruptly passed away on June 29 due to complications from an ongoing illness. Since joining Xerox in May 2018, John has been known for his "One Boat, One Team" call to action and mentality. COO Steve Bandrowczak will serve as interim CEO. Xerox registered a first-quarter FY22 sales…
Benzinga ·
Why Are Xerox Shares Plunging Today
Xerox Holdings Corp (NASDAQ:XRX) reported a first-quarter FY22 sales decline of 2.5% year-on-year to $1.67 billion, beating the consensus of $1.64 billion. Equipment sales declined 17.6%, while Post sale revenue improved 1.9%. Sales in the Americas declined 0.5% Y/Y, and EMEA fell 5.6%. Gross margin contracted 390 basis points Y/Y to 31.8%. The…
Benzinga ·
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