Xerox Appoints New CFO - Analyst Blog
April 02 2013 - 6:40AM
Zacks
Business process and document
management company Xerox Corp. (XRX) recently
announced the appointment of Kathryn Mikells as the Chief Financial
Officer (CFO) and Executive Vice President. Kathryn will hold the
new office from May 2, 2013 after stepping down from her position
as the CFO of The ADT Corporation (ADT)
Kathryn brings to Xerox extensive experience in financial
management along with global business insight in both services and
technology. The newly appointed CFO is expected to drive Xerox to
newer heights. With her leadership traits, expertise and
experience, she is expected to unlock further value. We believe
that Kathryn’s sector know-how will prove beneficial for Xerox.
With past experience in companies like ADT where she played a major
role in corporate restructuring, Kathryn is expected to bring in
transformative changes in Xerox and augment its revenues going
forward. Kathryn previously served as CFO at both Nalco and UAL
Corporation. Over the years, she has successfully steered the
companies where she has worked toward growth through tactical
initiatives and expects to emulate similar success in Xerox
also.
Headquartered in Norwalk, Conn, Xerox is a leader in the
development, manufacture, marketing, servicing and financing of
document equipment across the world. The company has three segments
Technology, Services and Others. Xerox is looking forward to expand
its offerings through inorganic measures and new acquisitions which
will help the company to add more clients to its portfolio.
However, the company needs to be wary of its competitors, which
include formidable names such as NCR Corp (NCR).
Xerox currently has a Zacks Rank #3 (Hold). One of its competitors
FARO Technologies Inc (FARO) carries a Zacks Rank
#1 (Strong Buy).
ADT CORP (ADT): Free Stock Analysis Report
FARO TECH INC (FARO): Free Stock Analysis Report
NCR CORP-NEW (NCR): Free Stock Analysis Report
XEROX CORP (XRX): Free Stock Analysis Report
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