Xerox CFO Stepping Down in February

On Friday, Xerox (NYSE: XRX  ) announced that Executive Vice President and Chief Financial Officer Luca Maestri is leaving the company to take a corporate controller job at Apple (NASDAQ: AAPL  ) .

He will resign from Xerox effective Feb. 28, and will assist in the search for his replacement. The company has launched an external search for a new CFO. Maestri joined Xerox as CFO in February 2011.

Coincident with the report of its CFO's departure, Xerox reiterated that the company is maintaining fourth-quarter earnings guidance of $0.24 to $0.26 per share in GAAP earnings. The official release date for Q4 and full-year 2012 earnings is Jan. 24.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2192046, ~/Articles/ArticleHandler.aspx, 10/25/2014 9:32:32 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 12 hours ago Sponsored by:
DOW 16,805.41 127.51 0.76%
S&P 500 1,964.58 13.76 0.71%
NASD 4,483.72 30.92 0.69%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/24/2014 4:01 PM
XRX $12.55 Down -0.23 -1.80%
Xerox Corp CAPS Rating: *****
AAPL $105.22 Up +0.39 +0.37%
Apple CAPS Rating: ****

Advertisement