Thursday, May 21, 2009

WOW! Anne Mulcahy to Retire as Xerox CEO; Ursula Burns Named Successor

Go Ursula!
Anne Mulcahy to Retire as Xerox CEO;
Ursula Burns Named Successor
"NORWALK, Conn., May 21, 2009 -- Xerox Corporation's (NYSE: XRX) board of directors announced today that Anne Mulcahy, chairman and chief executive officer, will retire as CEO effective July 1. Ursula Burns, current president of the company, was named by the board to succeed Mulcahy as chief executive officer. Mulcahy will remain as chairman of the board."

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