Xerox Holdings Corporation, a workplace technology company, announced that President and Chief Operating Officer John Bruno will step down from his operating role to pursue a CEO opportunity outside the company. Bruno will remain on the Board and Chair the newly formed Integration Committee overseeing the Xerox–Lexmark combination. Louie Pastor, currently Chief Administrative Officer and Global Head of Operations, will succeed Bruno as President and COO. Bruno stated, “Leading Reinvention has been one of the most rewarding chapters of my career, and I’m deeply proud of all we’ve accomplished.” He also stated, “As I transition out of day-to-day operations, I have complete confidence in Louie’s leadership. I remain fully committed to the future of Xerox and look forward to supporting the leadership team and Board as we enter this exciting next phase of growth and transformation.”
Chief Executive Officer Steve Bandrowczak said, “I want to thank John for being a true change agent—revamping our operating model and management system, shaping Reinvention, driving the Board reconstitution, and leading strategic acquisitions like ITsavvy and Lexmark. We wish him well in his new endeavor and look forward to continuing to work with him on the Board.” As part of the leadership changes, Xerox also appointed Jacques-Edouard Gueden as Chief Revenue Officer. The leadership transition comes as Xerox continues its Reinvention strategy and advances its integration with Lexmark to expand its technology portfolio and strengthen its market position.