Burns succeeds Mulcahy as Xerox Chairman

May 21, 2010

Mulcahy stepped down as CEO in July 2009, retaining her position as chairman. She had been CEO since August 2001 and chairman since January 2001. Prior to that, she was President and COO of the company from May 2000 through July 2001. She began her Xerox career as a sales representative in Boston in 1976.

During her 34-year tenure with Xerox, Mulcahy held senior management positions in sales, human resources and marketing, and led the Xerox business division that sells products for reseller and dealer channels.

Burns joined the OEM nearly 30 years ago and has led several business teams including the office colour and fax business and office network printing business. In 2000, she was named Senior Vice President of Corporate Strategic Services and in April 2007, she was named Xerox President.

Mulcahy said: “Ursula has the experience, judgment, passion, knowledge and tools to take this company forward. She has been at my side for the past decade as we transformed a company we love and put it on a trajectory for continued success.”

Burns added: “Anne created a legacy of leadership that will stand the test of time. Xerox people worldwide are grateful for and inspired by Anne’s amazing leadership and contributions to our company. We intend to build on her rich legacy by creating greater value for our customers, our people, our shareholders and our communities.”

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