Xerox Canada has appointed a new President and Chief Executive Officer, effective July 1. Mandy Shapansky will succeed Kevin Warren in leading the Canadian operations after Warren leaves to head up Xerox's U.S. Solutions Group, based in Rochester.
Shapansky was most recently the Chief Financial Officer and Chief of Staff for Xerox Canada, a role she has held since 2002. She has been with Xerox since 1985. In her new role as President and CEO, Shapansky will lead Xerox's team of 3,600 employees which generates revenues of over $1.2 billion.
"Xerox Canada has an outstanding history of leadership. During his tenure, Kevin Warren was able to grow annual revenue during a very challenging economic period,” said Russell Peacock, President of Xerox North America. “Mandy's lateral thinking in the area of corporate finance has made Xerox Canada one of the top performing operations in the Xerox world. Her appointment to CEO will allow her to expand on this vision of growth.”
Shapansky holds a bachelor of arts degree in economics from the University of Waterloo and is a chartered accountant. She serves on the board of Altruvest Charitable Services and is a member of Financial Executives International Canada. She resides in Toronto with her husband and four children.
Its sad when companies these days put bean counters in the top positions. It is usually indicative of a desperation move of a failing company. I am sure Ms. Shapansky is a competent accountant. But following orders from the US parent company to cut everything will not bring back Xerox to past glories. Slash and burn techniques do not save companies innovators due.
Xerox Canada has appointed a new President and Chief Executive Officer, effective July 1. Mandy Shapansky will succeed Kevin Warren in leading the Canadian operations after Warren leaves to head up Xerox's U.S. Solutions Group, based in Rochester.