Jeff Jacobson, president of Xerox Technology, has been appointed CEO of Xerox Corporation.
Jeff Jacobson has been appointed chief executive officer of Xerox Corporation following the completion of the company’s planned separation into two publicly traded companies.
Mr Jacobson joined Xerox in 2012 as the president of Global Graphic Communications Operations. He became the president of the Xerox Technology business in 2014. Prior to Xerox, he served as the president, chief executive officer and chairman of Presstek, a supplier of digital offset printing solutions.
‘Jeff is a great leader with a passion for our business and employees, deep customer relationships and a clear strategic vision to capitalise on the opportunities ahead,’ said current CEO Ursula Burns. ‘During his four years at Xerox, Jeff has driven significant productivity and cost efficiency efforts while maintaining our commitment to innovation, quality and leading technology. With his previous public-company CEO experience and his track record and achievements at Xerox, the Board and I are confident he is the best person to lead Xerox forward.’
Mr Jacobsen said, ‘I am honoured by the board’s decision to appoint me to lead one of the world’s most iconic companies and confident that we will build a bright future for Xerox on the foundation of disciplined management, operational excellence and customer focus that is in place today. As an independent company and with the benefit of the strategic transformation we are aggressively implementing, we will capture the many opportunities available to us to strengthen core businesses and pursue select growth opportunities.’
Following Xerox’s announcement to separate into two independent, publicly traded companies, these have now been officially named. Xerox will be comprised of the company’s Document Technology and Document Outsourcing businesses, and Conduent will be a business process services company. The separation is due to be completed by the end of 2016.
