Xerox Holdings Corporation has announced a significant change in its executive team. President and CEO John Bruno will step down from his operational role on August 31 to pursue a CEO opportunity outside of the company. Despite his departure, Bruno will maintain his position on the Xerox Board of Directors, where he will chair the newly established Integration Committee, which will be pivotal in overseeing the merger of Xerox and Lexmark.
From September 1, Louie Pastor, currently the Chief Administrative Officer and Global Head of Operations, will succeed Bruno as President and COO. Pastor has been instrumental in leading the Xerox Reinvention Office and guiding significant improvements in IT, cybersecurity, and operational efficiency. He expressed confidence in continuing the progress made under Bruno’s leadership.
Jacques-Edouard Gueden has been appointed as the Chief Revenue Officer to steer the sales strategy and enhance Xerox’s market presence. With 30 years of experience at Xerox, Gueden’s new role will focus on strengthening the company’s global client base and partner ecosystem.
Xerox’s leadership updates come as the company aims to maintain its momentum in executing strategic mergers and acquisitions and driving growth in the hybrid workplace technology market. Bruno will remain in his operating role through August 31 and then continue as a member of the Xerox board of directors. In his board member role, he will chair the newly formed Integration Committee, overseeing the combination of Xerox and Lexmark.
Source: Globe and Mail
Source: Guru Focus
Source: ENX Magazine
Source: Xerox
