Tagged With "John Naismith"
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Re: Xerox (XRX) Q1 2019 Earnings Call Transcript
It's my understanding that most of these savings came from the backs of the employees and the consolidation of many Global and Xerox locations. Yes, Xerox is profitable, but I also know of many xclint sales people that have left the Global (XBS) ranks. You just can't replace these peeps overnight. Winners: John Visentin and Xerox shareholders Losers: Employees
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Re: Xerox (XRX) Q1 2019 Earnings Call Transcript
Norwalk-based Xerox jettisoned 400 more jobs in the first quarter of the year while leaving unfilled roughly another 1,100 that opened up as a result of employee attrition. The reductions took Xerox’s workforce to 30,900 people at the end of March. Under CEO John Visentin, revenue dropped 9 percent from a year earlier to $2.2 billion, but profits surged to $133 million from $23 million in the first quarter of 2018. Shares were down 5 percent Thursday to $32.17, but remain up 60 percent on...
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Xerox Names Nicole Torraco Senior VP, Chief Strategy, and M&A Officer
Xerox Holdings Corporation announced the appointment of Nicole Torraco as senior vice president and chief strategy and M&A officer. In this newly created role, she reports to John Visentin, vice chairman and CEO of Xerox, and serves as a corporate officer. “Nicole brings a rare combination of financial acumen and entrepreneurship, with an impressive record of identifying strategic opportunities that deliver value,” said Visentin. “Xerox has built a strong M&A pipeline and has a...
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Itex Show 2016
If you have twitter make sure you follow @p4photel and John Anderson, he's on site and having a blast! Next week he'll be at BTA Spring Event in New Orleans and we'll have him doing some periscope feeds~
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A Roundup Of Recent Breaches, Subsequent Damages
Data breaches have moved into the forefront of the public eye in the past year, driven by a consistent stream of new events that highlight just how behind the average organization is in preparation and defense strategies. Information exposure has...
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Interview with John & West About Print Audits Recent Acquisition of NeoStream
I had the chance to speak with John MacIness, President of Print Audit and West McDonald, VP of Business Development for Print Audit about the recent acquisition of NeoStream. My first thought when I heard the news was this recent Xerox publication: A recent Xerox International research effort reveals that nearly half (46%) of SMB’s will turn to office equipment resellers for help with paper free solutions. In addition, 25% will look to their IT provider and 37 percent to the product...
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John Eckstrom Named BTA’s 2016 Volunteer of the Year
NEWS RELEASE For Immediate Release For More Information Contact: June 15, 2016 Brent Hoskins Executive Director (816) 303-4040 John Eckstrom Named BTA’s 2016 Volunteer of the Year Southeast representative on BTA Board of Directors awarded Kansas City, Mo. ¾ John Eckstrom, president of Carolina Business Equipment Inc., Columbia, South Carolina, was named BTA’s 2016 Volunteer of the Year on June 10 during the BTA at 90: A Celebration event at Kansas City Union Station in Kansas City, Missouri.
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The ‘strictly confidential’ Xerox offer HP Inc rejected
On Sunday, HP’s board of directors nixed Xerox’s recent offer that lit up the printer copier market with buzz during the last two weeks as the legacy behemoths mulled coming together. HP said it was not tossing out the idea of the two giants merging at some point, but it was saying no to this Xerox offer. “We recognize the potential benefits of consolidation, and we are open to exploring whether there is value to be created for HP shareholders through a potential combination with Xerox,”...
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Xerox gives HP an ultimatum to reconsider acquisition, threatening to take its case to shareholders
Points Xerox CEO John Visentin wrote a letter to HP’s directors asking that they reconsider the company’s takeover bid before the board brings its case to HP shareholders directly. HP’s board unanimously rejected Xerox’s bid to acquire the company over the weekend. The HP board argued the deal undervalued the company and was not in the best interest of shareholders. Xerox’s board of directors threatened to go to HP’s shareholders if the company does not reconsider its acquisition bid, Xerox...
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Xerox woos HP shareholders with $1.5-billion sales growth target
(Bloomberg) -- Xerox Holdings Corp. believes its proposed HP Inc. takeover would create as much as $1.5 billion in potential revenue growth, according a presentation to HP’s shareholders made public Monday. The printer maker outlined its case for a tie-up between the companies, arguing the combined firm will be worth about $31 a share to HP investors on a pro-forma basis. The merged entity will generate more than $4 billion in free cash flow in the first year before taking any synergies into...
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Xerox launches shareholder fight for control of HP aftere $33 billion offer is snubbed
AFP-JIJI NEW YORK – Xerox said Tuesday it would take its hostile takeover offer for HP to shareholders after the computer and printer maker rejected the $33 billion offer. The copy machine pioneer said it would make its case to shareholders because the HP board “continues to obfuscate and make misleading statements” about the proposed tie-up. “The potential benefits of a combination between HP and Xerox are self-evident,” Xerox chief executive John Visentin said in a letter to HP’s board.
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This Week in the Copier Industry 10 Years Ago, The First Week of April 2008
Who would have thought that on Palm Sunday here is the east that there's still some snow on the ground! I think we'll be lucky if we have tulips and hyacinths flowering by Easter. There's an excellent string of threads below for "How many prospects are in your territory". Enjoy the threads from Ten Years Ago this Week! Weekend Copier Notes from 04/06/08 Neal · 4/6/0812:46 PM is authorized for Canon, Kyocera, Panasonic, Muratec and KonicaMinolta, covering the greater Austin, TX marketplace. -...
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A message from John Visentin (Xerox)
May 17, 2018 Dear Colleagues, I am honored to have the opportunity to lead such an iconic company and join you in shaping the future of Xerox as your new CEO. The twists and turns of the last few months have understandably left you with a number of questions. Before I address some of your concerns I want every one of you to feel confident that I am committed to taking Xerox to the next level. see attached document
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Fuji Xerox appoints Icahn-backed director to the board
TOKYO -- Fuji Xerox, the joint venture between Fujifilm Holdings and the office equipment supplier Xerox, said on Thursday it has named to its board of directors an executive supported by activist investor Carl Icahn. The executive, John Visentin, took over as Xerox CEO in May as part of the settlement Icahn and fellow activist investor Darwin Deason reached with the American company. The investors are pressuring Xerox to abandon a $6.1 billion takeover by Fujifilm. read the rest here
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Xerox jettisons 4.5K jobs in first half
Xerox offloaded 4,500 jobs in the first half of 2019 through a mix of attrition, layoffs and a new outsourcing agreement, as the company enters its second year under the leadership of CEO John Visentin after a 2018 proxy battle led by billionaires Carl Icahn and Darwin Deason. Xerox has its headquarters in Norwalk, with the company’s global workforce dropping below 28,000 employees as of the end of June. In March, Xerox announced an extension of an outsourcing agreement with HCL, which...
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Xerox (XRX) Q1 2019 Earnings Call Transcript
Image source: The Motley Fool. (NYSE: XRX) Q1 2019 Earnings Call April 25, 2019 8:00 a.m. ET " data-reactid="23" type="text"> Xerox (NYSE: XRX) Q1 2019 Earnings Call April 25, 2019 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to the Xerox Corporation first-quarter 2019 earnings release conference call, hosted by John Visentin, vice chairman and chief executive officer. He is joined by Bill Osbourn,...
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Re: This Week in the Copier Industry 10 Years Ago, The First Week of April 2008
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Re: Xerox gives HP an ultimatum to reconsider acquisition, threatening to take its case to shareholders
Looks likes the hostile takeover may come to fruition
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Re: Xerox jettisons 4.5K jobs in first half
While I understand the profits are awesome, the stock price is unreal, I still have suspicion that there is an additional axe to drop in the near future. It's obvious that Xerox and Fuji are still at odds, and looming in 2020 is the renewal of the OEM agreement for Fuji-Xerox
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Xerox names new executive
Xerox names new executive Deena LaMarque Piquion was named new Chief Marketing Officer - Previously was SVP and GM of Latin America division - Will be responsible for enabling go-to-market teams to generate revenue and build awareness and demand - Will report to CEO, John Visentin
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Re: End of Lease Options What is Everyone Doing?
100% for revenue with a release. However re-leasing for 12 months makes sense unless I raise the monthly payment. Thanx for this how about hearing from others?
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End of Lease Options What is Everyone Doing?
I seem to be getting more and more of these "Is there an option to continue the leases for another year or 2 - and if so what are the terms?" Other than letting the lease roll for the term on the lease. Is anyone re-leasing for 12 months, 24 or even 36 months for the same cost per month. The current lease is $200 per month and my only thoughts is for 24 or 36 to make a few dollars . Thoughts? @Jason H @John @Monte @smartin @TML @fisher
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Re: End of Lease Options What is Everyone Doing?
I am upgrading 95% of the time. The only reason I would not upgrade is if the new model is not available for long term due to refresh or supply constraints. If the make/model is the same such as a Ricoh IM C4500 which has been out for awhile then I really do not want to approach my 36 month lease customers with this same model. In that case I would potentially look at releasing for a 12 or 24 month term with a little GP in the deal or I could switch manufacturers and sell them a Canon DX C...
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Re: End of Lease Options What is Everyone Doing?
Every leasing company can give you a 12, 18 or 24 month rate. Just remember that if re-leasing the same equipment you might have to do it on a $1 out.
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Re: End of Lease Options What is Everyone Doing?
Ty, so the initial lease is 36 months and then re-leasing at the same cost per month?
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Re: End of Lease Options What is Everyone Doing?
We are upgrading 95% of the time also, but we have done some 36 months re-leases if customer agrees. Nice GP in those at same payment.
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Re: End of Lease Options What is Everyone Doing?
@Jason H , that's cool and like you stated good GP. I was going to lead with 24 for the same cost tomorrow, but will lead with 36. Ty for the help on this
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Re: End of Lease Options What is Everyone Doing?
Yes that’s what I try to do if customer agrees. Not wrapping it around any kind of BS lies or games, just simply telling them that they can release the same machine for three more years at the same payment and a lot of people are good with that.
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Re: End of Lease Options What is Everyone Doing?
I'd agree with @Jason H on this one. Good luck!
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Re: Xerox CEO John Visentin dies at 59
I'm shocked....so young...... condolences to friend and family... RIP
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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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This Week in the Copier Industry 15 Years Ago
This Week in the Copier Industry 15 Years Ago Last Week of September 2007 sponsored by Seems I might have pulled up a mere $3K from getting my quota for the quarter. I was supposed to have the documents via DocuSign on Thursday, then Friday and yes I emailed the client asking to send them today if possible. I should have done it the old fashioned way and paid a trip to that office and wait until the docs were signed! I'm looking for help, I need to reach out to KM, Toshiba and HP principals.
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N-able CEO On M&A, Kaseya-Datto And Why The Term 'Digital Transformation' Is 'Stupid'
While cloud transformation, security and labor scarcity can be pain points for most partners, N-able CEO John Pagliuca said those headwinds can be turned into tailwinds. Pagliuca said Burlington, Mass.-based N-able does two things. First, it gives partners a “purpose-built platform” that helps them scale, standardize and be more efficient. Second, it builds, or partners with companies, to bring in enterprise-grade software that can grow a partner’s pipeline and expand its service offerings.
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Sharp executives receive recognition
Sharp executives receive recognition CRN (Computer Reseller News) magazine name the following to its 2023 Channel Chiefs list John Sheehan – SVP of B2B Channel Sales Bob Madaio – VP of Marketing
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Selling Copiers in the Nineties with John Roof
Hey everyone, John Roof has been a member of the Print4Pay Hotel for quite a few years. Many of his threads and share on our site has helped many of us to win a deal or learn more about a product or feature. Kudos to John for sharing his love for the industry and his story. Selling Copiers in the Nineties with John Roof Art: John, how did you find you way into the copier industry? John: I was working at the Ohio River Company as a Warehouseman in 1992, when my Mom went to buy some BBQ from...
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Famous former Xerox employee passes
Famous former Xerox employee passes John Warnock passed away at age 82 While working at Xerox with Dr. Charles Geshke, invented InterPres printer language (aka PostScript), and failed to convince Xerox to market product He and Geshke left Xerox and renamed the product PostScript and founded Adobe Corp. in 1982 Also invented Adobe Illustrator graphic arts drawing program and PDF file format Born in Salt Lake City, Utah, and alumni from University of Utah
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If Today Is Your Birthday (John Lennon)
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Xerox to sell off more assets?
Xerox to sell off more assets? COO, John Bruno, announced that company is contemplating divesting its direct sales branches in Europe Had recently sold off branches in Argentina, Chile, Ecuador and Peru At one time, Xerox had locations in 160 different countries