Tagged With "Steve Bandrowczak"
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Xerox Names Joanne Collins Smee Chief Commercial Officer
NORWALK, Conn.--( BUSINESS WIRE )-- Xerox (NYSE: XRX) announced today the appointment of Joanne Collins Smee as chief commercial officer and a member of the company’s Executive Committee, effective immediately. Collins Smee will be responsible for sales excellence, channel strategy, order to cash and technology, services, software, and future solutions offerings. This includes delivering compelling offerings through effective and enabled routes to market with a seamless order to cash process...
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Steve Andrikut joins National / AZON
1148 Rochester Road ▲ Troy, MI 48083 ▲ 800-260-0839 ▲ azon.com News Release For Immediate Release Troy, Michigan – May 7th, 2019 Media Contact: 800.260.0839 Web: www.azon.com Steve Andrikut joins National / AZON National / AZON today announced that it has appointed industry veteran Steve Andrikut to the position of National Accounts Manager. This appointment further enhances National / AZON’s ongoing commitment to providing product expertise, customer service, and sales support. In his new...
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Hoosier Business Machines employee named top Kyocera tech
A technician from Jasper-based Hoosier Busines Machines was named the national winner of the Kyocera Technical Service Awards Competition by KYOCERA Document Solutions America. Steve Moeller from HBM was named the Kyocera Top Technician for 2017, among 4,000 technicians at Kyocera dealerships throughout the United States. The three-stage competition began in July with an online test of overall proficiency and Kyocera-specific expertise, including installation, preventative maintenance, and...
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HP and Xerox Expand Business Relationship
June 04, 2019 09:00 AM Eastern Daylight Time PALO ALTO, Calif. & NORWALK, Conn.--( BUSINESS WIRE )--HP Inc. (NYSE: HPQ) and Xerox Corporation (NYSE: XRX) today announced an expansion of the companies’ business relationship. Xerox will source from HP certain A4 and entry-level A3 products with the majority running on Xerox’s award-winning ConnectKey® controller software, and Xerox will supply toner to HP for these and other products. The printers will be based primarily on the laser...
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Xerox: 82% of employees will be back to the office in 12-18 months
Even though many enterprises shut workplaces immediately in response to COVID-19 lockdowns, IT decision-makers from global companies expect a phased return in the next year and a half, with 82% of employees on average expected back to the office in that time, according to new research from Xerox. " The Future of Work in a Pandemic Era " found that organizations plan to move most employees back to an office setting, according to Steve Bandrowczak, Xerox president and chief operations officer,...
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Xerox Expands Software Portfolio with Acquisition of CareAR
Xerox Holdings Corporation (NYSE: XRX) has expanded its growing software portfolio with the acquisition of CareAR , an augmented reality support platform company that provides real-time access to expertise for customers, employees, and field workers. CareAR is the latest addition to a suite of solutions in Xerox’s portfolio, aimed at providing digital transformation tools for its customers. (Photo: Business Wire) With CareAR™ software, remote agents and experts can virtually see the...
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Xerox launches new software division
Xerox launches new software division announced formation of CareAR, a Xerox company - received $700 million post-money valuation following a $10 million equity investment from ServiceNow - combines DocuShare content management solution, XMPie cross media platform, PARX Alto AT and CareAR, an augmented reality technology - will be led by Steve Bandrowczak and Sam Waicberg
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Xerox CEO John Visentin dies at 59
Printer maker Xerox Holdings Corp said on Wednesday Chief Executive Officer John Visentin, 59, has died due to complications from an ongoing illness. Xerox (XRX) called Visentin’s death unexpected and said it has named Steve Bandrowczak, president and chief operations officer, as interim CEO. Visentin, who was also the vice chairman, joined Xerox as its CEO in May 2018 after he was nominated by Carl Icahn. The activist investor’s firm is the biggest shareholder of the company, according to...
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Xerox CEO unexpectedly passes away
Xerox CEO unexpectedly passes away Company announced that CEO John Visentin died due to ongoing illness Was hired in 2018 after nomination from Carl Icahn, the company’s largest shareholder Steve Bandrowczak, the COO, will serve as interim CEO
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Xerox Board of Directors Appoints Steven Bandrowczak as Chief Executive Officer
NORWALK, Conn., August 03, 2022 --( BUSINESS WIRE )--Xerox Holdings Corporation (NASDAQ: XRX) today announced its Board of Directors has appointed Steven Bandrowczak as Chief Executive Officer. Steve joined Xerox in 2018 as the company’s President and Chief Operations Officer, and has served as Interim CEO since the passing of John Visentin in June 2022. As President and COO, Steve was responsible for developing and executing a global operations strategy for Xerox’s Software and Innovation...
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Xerox Board of Directors Appoints Fred Beljaars as Executive Vice President and ..
NORWALK, Conn., October 10, 2022 --( BUSINESS WIRE )-- Xerox Holdings Corporation (NASDAQ: XRX) announced today it has appointed Fred Beljaars as Executive Vice President and Chief Delivery and Supply Chain Officer. Beljaars assumes the position following the departure of Mary McHugh earlier this month. In this newly expanded role, Beljaars is responsible for leading all delivery, manufacturing, supply chain, and procurement operations globally and will focus on continuing to transform these...
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Xerox Releases Third-Quarter Results
Improved revenue trajectory driven by resilience in demand amid a challenging macro environment Financial Summary $1.75 billion of revenue, down 0.4 percent year-over-year or up 4.7 percent in constant currency. GAAP (loss) earnings per share (EPS) of $(2.48), down $2.96 year-over-year. GAAP EPS includes an after-tax non-cash goodwill impairment charge of $395 million or $2.54 per share. Adjusted EPS of $0.19, down $0.29 year-over-year. Adjusted operating margin of 3.7 percent, down 50 basis...
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Xerox hires new executive
Xerox hires new executive John Bruno was appointed as new president and chief operating officer Formerly was COO of Data & Analytics division of Aon Financial Services Reporting to new CEO Steven Bandrowczak
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Can Xerox reinvent itself for another 100 years?
This week, we’re launching a special series featuring companies that have been in business for more than 100 years. Up first, I’m talking to Steve Bandrowczak, the CEO of Xerox, an iconic company that got started all the way back in 1906 as a manufacturer of photo paper and is, of course, best known for pioneering the copy machine. Here in 2023, Xerox has moved well beyond paper. It now works with companies large and small to provide IT services: it optimizes workflows, manages data,...
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Xerox launches new brand campaign and strategy
Xerox Corp . has launched a new advertising campaign – We Make Work, Work – geared toward the hybrid workplace. The campaign demonstrates Xerox’s commitment to supporting clients in the hybrid environment undergoing digital transformations, while simultaneously building on the historical strength of the company’s workplace solutions, the company said in a release. It launched this week across the U.S. with video on digital and streaming services, as well as podcasts, print and digital ads in...
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Xerox Accelerating Workplace Productivity, Supporting Clients’ Digital Transformation Journeys
NORWALK, Conn.--( BUSINESS WIRE )-- Xerox Holdings Corporation (NASDAQ: XRX) today launched a new advertising campaign, “We Make Work, Work.” The company’s most significant brand and demand generation initiative in recent history, the new campaign demonstrates Xerox’s deep understanding of its clients’ pain points and the workflow solutions they require to succeed in today’s dynamic hybrid workplace. “Today’s workers — from the enterprise to the mid-market, and across verticals — are under...
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Xerox Announces Participation in Upcoming Investor Event
May 18, 2023 — Corporate NORWALK, Conn., May 18, 2023 - Xerox Holdings Corporation (NASDAQ: XRX) announced today the company will participate in the J.P. Morgan Global Technology, Media and Communications Conference on May 23. J.P. Morgan Global Technology, Media and Communications Conference WHEN: 3:55 p.m. EDT, Tuesday, May 23, 2023 WHAT: J.P. Morgan Global Technology, Media and Communications Conference WHO: Steve Bandrowczak, chief executive officer Xavier Heiss, chief financial officer...
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Xerox Hosts ‘Forward Together’ Partner Summit in Miami
Xerox Hosts ‘Forward Together’ Partner Summit in Miami NORWALK, Conn.--( BUSINESS WIRE )-- Xerox today kicked off its first in-person channel partner event post-pandemic, hosted in Miami, Florida. The Xerox Partner Summit 2023, “Forward Together” will take place June 21-23 and focus on the importance of collaboration as Xerox continues to expand its offerings into software and services, which will power the hybrid workplace of today and tomorrow. "Xerox has always been committed to...
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Xerox CEO comments on Fujifilm
Xerox CEO comments on Fujifilm Steve Bandrowczak, CEO of Xerox, was recently asked about current partnership with Fujifilm Xerox is currently Fujifilm’s largest customer for printers, MFPs and production print hardware “just like any other technology relationship through the years, we compete, and they are our supplier” “For us, this is no different than Intel/Microsoft, etc. We coexist, and we will compete in markets when they come into our territory” “We are planning to be long-term...
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Xerox Announces Participation in Upcoming Investor Events
August 31, 2023 08:00 AM Eastern Daylight Time NORWALK, Conn.--( BUSINESS WIRE )-- Xerox Holdings Corporation (NASDAQ: XRX) announced today that the company will participate in Citi’s 2023 Global Technology Conference on Thursday, September 7. Citi’s 2023 Global Technology Conference WHEN: Thursday, September 7, 2023 at 4:45pm ET WHAT: Citi’s 2023 Global Technology Conference WHO: Steve Bandrowczak, chief executive officer Xavier Heiss, chief financial officer David Beckel, vice president...
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Xerox Announces $542 Million Repurchase of Shares from Carl C. Icahn and Affiliates
NORWALK, Conn.--( BUSINESS WIRE )--Xerox Holdings Corporation (Nasdaq: XRX) (the “Company”), announced that earlier today, it entered into a share purchase agreement (the “Purchase Agreement”) to repurchase all of the shares of the Company’s common stock beneficially owned by Carl C. Icahn and certain of his affiliates (“Icahn Parties”) at a purchase price of $15.84 per share, the closing price of the Company’s common shares on September 27, 2023, the last full trading day prior to the...
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Xerox Shares 2023 Corporate Social Responsibility Report
Oct 19, 2023 — Citizenship , Corporate Norwalk, Conn. — Xerox Holdings Corporation (NASDAQ: XRX) today published its 2023 Global Corporate Social Responsibility (CSR) Report detailing Xerox’s continued CSR accomplishments and underscoring its continued pioneering leadership in delivering measurable environmental, social, and governance (ESG) impact work. “For more than 60 years, Xerox has made sustainability work—demonstrating that environmental stewardship and corporate social...
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Xerox Announces Participation in Upcoming Investor Event
NORWALK, Conn., November 22, 2023 --( BUSINESS WIRE )--Xerox Holdings Corporation (NASDAQ: XRX) announced today the company will participate in the UBS Global Technology Conference on November 28, 2023. UBS Global Technology Conference WHEN: 11:35 a.m. EST, Tuesday, November 28, 2023 WHAT: UBS Global Technology Conference WHO: Steve Bandrowczak, chief executive officer David Beckel, vice president and head of investor relations WHERE: In-person; The Phoenician, Scottsdale, AZ Link to live...
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Xerox Reinvention and Operating Model Evolution
Jan 03, 2024 — Corporate Norwalk, Conn. — Xerox Holdings Corporation (NASDAQ: XRX) today announced a new operating model and organizational structure to further the company’s Reinvention. “The evolution of Xerox’s Reinvention aligns our resources in three key areas – improvement and stabilization of our core print business, increased productivity and efficiency through the formation of a new Global Business Services organization, and disciplined execution in revenue diversification,” said...
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Xerox Plans Workforce Reduction, Cutting 15% and Eliminating 3,000 Jobs
reported on NY Post Xerox plans a 15% layoff, affecting 3,000 of its 20,000 employees. Aiming to boost its print business, it's restructuring and forming a new business services unit. Leadership changes include John Bruno and Louis Pastor taking key roles. CEO Steven Bandrowczak sees this as vital for efficient product delivery. Stock dropped 10% post-announcement. Despite past profitability, Xerox's growth has stalled around $7 billion in revenue. In 2020, a $35 billion HP takeover attempt...
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Xerox to terminate over 3,000 employees
Xerox to terminate over 3,000 employees Announced new “Reinvention” reorganization plan Includes getting rid of 15% of its total workforce, which is over 3,000 people “decision to reduce our global workforce was a difficult but necessary step toward establishing long term viability for Xerox” “cuts will come across all levels and areas of our organization” “simplifying products within core print business” “increasing efficiency across global business services” “boosting focus on IT and other...
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MSP & MSSP & IT Industry Notes Janaury 15th
Sponsored by January 15th, 2024 Arcoa Group Why partnering with ARCOA makes sense Electronics Recycling is an important and profitable part of the IT asset lifecycle, but it can be overwhelming with all you already do, varying state regulations, and the limited resources at hand. That’s where ARCOA comes in. When you partner with ARCOA, you get all the benefits of a big company without any of the capital investment. We’ve been doing this since 1989 and have the expertise, certifications, and...
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Xerox Releases Fourth-Quarter and Full-Year Results
Xerox Releases Fourth-Quarter and Full-Year Results January 25, 2024 PDF Version Achieved adjusted operating margin and free cash flow guidance in 2023; Guiding to another year of meaningful growth in adjusted operating income Financial Summary Q4 2023 Revenue of $1.77 billion, down 9.1 percent year-over-year or down 10.6 percent in constant currency. GAAP net loss of $(58) million, or $(0.50) per share, down $179 million or $1.24 per share, year-over-year, respectively. This quarter...
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Xerox reports on its last quarter’s earnings
Xerox reports on its last quarter’s earnings Total revenue down 10.6% to $1.77 billion GAAP net loss of $58 million Net income down $90 million to $56 million Operating margin down 380 basis points to 5.4% CEO Steve Bandrowczak announced that the company will be replacing direct sales with dealer-led distribution in certain markets Will “narrow focus and simplify product and service offerings” Office equipment division: E quipment sales down 17.2% to $454 million A4 hardware sales down 29.1%...
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Re: Xerox reports on its last quarter’s earnings
I put this into Chatgbt asked AI opinion. See below The provided information outlines a challenging financial performance for Xerox, with various key metrics indicating a decline. Here's a breakdown of the points: Total Revenue: Total revenue is down 10.6% to $1.77 billion. This suggests a significant reduction in the company's overall sales, which could be a cause for concern. GAAP Net Loss: Xerox reported a GAAP net loss of $58 million. A net loss is generally not favorable for investors...
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Xerox Nominates Seven New Director Candidates for Election to its Board of Directors at ...
NORWALK, Conn.--(BUSINESS WIRE)--Apr. 11, 2024-- Xerox Holdings Corporation (NASDAQ: XRX) today announced, as part of its ongoing Reinvention, the nomination of seven new highly-qualified candidates for election to the Company’s Board of Directors at the Annual Meeting of Shareholders to be held on May 22. The candidates collectively bring deep technology, product, finance, and global operations experience. The nominees include: Kenny Wilson, Chief Executive Officer, Jabil Amy Schwetz,...
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Xerox Announces Participation in Investor Event
Xerox Announces Participation in Investor Event May 21, 2024 PDF Version NORWALK, Conn.--(BUSINESS WIRE)--May 21, 2024-- Xerox Holdings Corporation (NASDAQ: XRX) will participate in today’s J.P. Morgan Global Technology, Media and Communications Conference. J.P. Morgan Global Technology, Media and Communications Conference WHEN: 2:25 p.m. EDT, Tuesday, May 21, 2024 WHAT: J.P. Morgan Global Technology, Media and Communications Conference WHO: Steve Bandrowczak, chief executive officer John...
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Xerox Welcomes Six New Members to its Board of Directors
NORWALK, Conn.--(BUSINESS WIRE)--May 22, 2024-- Xerox Holdings Corporation (NASDAQ: XRX) today announced the election of six new members to the Company’s Board of Directors at its Annual Meeting of Shareholders. 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. The newly elected Directors are as follows: John Bruno, President...
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Xerox to Exhibit Industry-Leading Innovations at PRINTING United Expo 2024
September 4, 2024 PDF Version NORWALK, Conn.--(BUSINESS WIRE)--Sep. 4, 2024-- Xerox announced today that it will present its advanced end-to-end production ecosystem, from pre-press to on-press to finishing, showcasing the latest innovations at PRINTING United Expo 2024, booth C2614 from September 10-12 in Las Vegas. Attendees can explore the company’s extensive digital print solutions, including the Xerox ® Iridesse ® Production Press, Xerox ® Versant ® 280 Production Press, and the newest...
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Xerox Announces CFO Xavier Heiss to Retire in 2025
September 17, 2024 PDF Version Company chief accounting officer Mirlanda Gecaj appointed as successor NORWALK, Conn.--(BUSINESS WIRE)--Sep. 17, 2024-- Xerox today announced that after over 30 years with the company, Xavier Heiss has decided to retire, effective Feb. 1, 2025. Heiss has served as Chief Financial Officer since 2021. “Xavier has been a driving force behind many of the transformative initiatives that have reshaped our company, leading us through critical phases of Reinvention and...
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Xerox Introduces First Carbon Neutrality Service Verified to ISO Standard
Norwalk, Conn. – WEBWIRE – Monday, September 23, 2024 Xerox announced a new Managed Print Services (MPS) offering with the introduction of its Verified Carbon Neutrality Service. Developed to the ISO 14068 carbon neutrality standard and verified by an independent third party, this easy-to-use capability leverages global data and an intuitive dashboard, empowering clients to reduce, offset, and report their environmental impact. According to Quocirca’s Sustainability Trends 2023 study ,...