The settlement with the commission effectively resolves Xerox's outstanding issues with the SEC, ... Xerox today is a stronger company with a new management team that has taken all the right steps to turn our business around.
Our strategy is rock solid, ... That won't change. What will change is our implementation. Execution will be every bit as strong as our strategy.
Equipment sales were impacted by a more significant shift in product mix with stronger sales of lower-priced systems.
Maggie is an exceptional leader with a proven track record of bringing innovative, technology-based solutions to market. Her experience and strong leadership skills will serve Xerox and its shareholders well and complement the outstanding talent serving on our board.