Tagged With "Zapfel"

Topic

The ‘Carl Icahn Strategy’ of Purging Employees Leads a Xerox Executive to Sue Over His Ouster

Art Post · 2/9/239:29 PM

A severance lawsuit brought by Robert Zapfel, a former Xerox executive, claims he was strategically forced out of the company by activist investor Carl Icahn. Icahn invests in undervalued or mismanaged companies with the goal of securing enough board seats to eventually take a controlling position and enact changes to increase profits. He currently has an estimated net worth of $24.7 billion. Zapfel’s complaint , filed on Feb. 1 in a New York state court, refers to Icahn’s behavior as the...

<ul id="{%=id%}ButtonGroup" class="button-group h-popup-buttons even-button-group even-1">
    <li id="{%=id%}Okay_buttonContainer"><a id="{%=id%}Okay" href="javascript:void(0);" class="button success no-margin-bottom h-alert-modal-ok-button" role="button">OK</a><script type="text/javascript">
        (function() {
            function {%=id%}Okay_click(event, data) {
            {%=id%}Popup.hide();
        }
        
                $('#{%=id%}Okay').on('click', {%=id%}Okay_click);
        })();
    </script></li></ul><a href="javascript:void(0);" class="close-reveal-modal" aria-label="Close Modal">&#215;</a><div class="last-modal-focus focus-utility-element" tabindex="0"></div>
</div>
<script type="text/javascript">
        (function() {
            {%=id%}Popup = new SS.Popup.ModalPopup('{%=id%}');
        })();
    </script>

Skip to main content

The ‘Carl Icahn Strategy’ of Purging Employees Leads a Xerox Executive to Sue Over His Ouster

Membership Required

Remove From Your Block List

Manage Follow Preferences

Block

Premium Membership Required

VIP/Premium Membership

Please wait...