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Xerox officially names John Visentin new CEO

After its initial announcement earlier this month, the Xerox Board of Directors has formally appointed John Visentin as Chief Executive Officer and Vice Chairman of the Board. He succeeds Jeff Jacobson, an advocate of a proposed $6.1-billion deal with Fujifilm Holdings Corp. of Japan that was recently scrapped in a settlement with Xerox stakeholders Carl Icahn and Darwin Deason.

Keith Cozza was also elected Chairman of the Board of Directors.

The U.S. technology company announced it will hold its 2018 Annual Meeting of Shareholders on July 31. The Board of Directors has fixed the close of business on June 13, 2018 as the record date for the 2018 Annual Meeting, noting it will continue to waive the advance notice bylaw to enable any Xerox shareholder to provide notice of intent to nominate directors for election or propose business at the 2018 Annual Meeting until June 13.