Xerox Holdings Corporation has elected six new members to its Board of Directors, bolstering its objective of becoming a services-led, software-enabled organisation. The new directors, including seasoned executives from Verizon Business Group, Guidewire Software, Mastercard, Dell Technologies and Flowserve, bring extensive technology, product and operations expertise. The fresh additions are set to drive Xerox’s strategy towards markets with higher growth rates, with a focus on innovative and software-enabled business solutions. This move aims to ensure Xerox’s long-term, sustainable growth and continued industry innovation.
- Xerox Holdings Corporation has elected six new members to its Board of Directors at the Annual Meeting of Shareholders.
- The new directors bring deep expertise in technology, products and operations to support Xerox’s goal of becoming a services-led, software-enabled organisation for sustainable growth.
- The addition of these new members brings Xerox’s Board of Directors to nine members, with a focus on innovation, industry advancement and long-term sustainable growth.
Xerox Welcomes Reinforcements: Six New Directors on Board
In a recent announcement, Xerox Holdings Corporation heralded the appointment of six new members to its Board of Directors. This decision was made during the Company’s Annual Meeting of Shareholders. The induction of these new members comes as part of Xerox’s Reinvention strategy, which aims to transform the company into a services-led, software-enabled organisation.
Introducing the New Squad
The newly appointed Directors come with an array of expertise in technology, product and operations. Among the new recruits are John Bruno, President and Chief Operating Officer, Xerox; Tami Erwin, former Executive Vice President and Group CEO, Verizon Business Group; Priscilla Hung, former President & Chief Operating Officer, Guidewire Software; Edward McLaughlin, President & Chief Technology Officer, Mastercard; John Roese, Global Chief Technology Officer, Dell Technologies; and Amy Schwetz, Senior Vice President and Chief Financial Officer, Flowserve.
A Warm Welcome
Scott Letier, Chairman of the Board at Xerox, expressed his delight over the new appointments. He said,
“We are pleased to welcome our new board members to Xerox, and we expect that their unique expertise and seasoned leadership abilities will be extremely valuable as we steer the company toward markets and opportunities with higher rates of growth.”
The new members’ arrival brings the total number of Xerox’s Board of Directors to nine, with incumbent directors Steve Bandrowczak, Nichelle Maynard-Elliott, and Scott Letier retaining their positions.
The Road Ahead
Emphasising the importance of the new members, Steve Bandrowczak, chief executive officer at Xerox, stated that the diverse experience and perspectives of the new board members are crucial for the next phase of the company’s growth. He expressed confidence in the board’s ability to guide Xerox to its Reinvention goals and ensure long-term, sustainable growth.
Final Thoughts
The move by Xerox to bolster its board with experienced individuals from diverse backgrounds shows its dedicated approach towards its Reinvention strategy. It will be interesting to see how the fresh perspectives and insights of these new members drive the company’s transformation and growth in the coming years. This strategic decision to diversify its board is one that other companies may find worth observing.
FAQ
Q: Who are the newly elected Directors to Xerox Holdings Corporation’s Board of Directors?
A: The newly elected Directors are John Bruno, Tami Erwin, Priscilla Hung, Edward McLaughlin, John Roese and Amy Schwetz.
Q: What expertise do the new board members bring to Xerox Holdings Corporation?
A: The new members bring deep technology, product and operations expertise to further Xerox’s Reinvention objective of becoming a services-led, software-enabled organization positioned for sustainable, long-term growth.
Q: How many members are there on Xerox Holdings Corporation’s Board of Directors now?
A: With the addition of the six new members, Xerox’s Board of Directors now consists of nine members.
Q: What is the goal of Xerox Holdings Corporation’s Reinvention objective?
A: Xerox’s Reinvention objective is to become a services-led, software-enabled organisation positioned for sustainable, long-term growth.
