Jeff Jacobson
Jeff Jacobson foregoes “golden parachute”
May 29, 2018
The outgoing CEO of Xerox, ousted as a result of the armistice between the OEM and its major shareholders, has given up a multi-million dollar farewell payment. Jacobson resigned as part of the settlement between Xerox and its major shareholders Carl Icahn and Darwin Deason, following a long-running and tortuous battle to halt the proposed […]
Dramatic changes for Xerox
May 3, 2018
In a remarkable volte-face, the OEM’s CEO and 6 other board members are being replaced, putting its proposed Fujifilm deal in jeopardy. As CNBC reports, Xerox has announced that CEO Jeff Jacobson and 6 other board members are stepping down, in order to “settle a suit by activist shareholders” Carl Icahn and Darwin Deason. This […]