Jeff Jacobson (CEO)

Jeff Jacobson is the former[1] CEO of Xerox Corporation.[2][3]

Career at Xerox

Jacobson succeeded Ursula M. Burns as Xerox CEO on January 1, 2017.[4] Prior to this, Jacobson had served as an officer of Xerox since February 2012. He joined as president of Global Graphic Communications Operations. Later in 2014 he became the chief operating officer of the Xerox Technology business.[5]

On May 1, 2018, Xerox announced that Jacobson would resign as chief executive and director, under a deal with dissident investor Carl Icahn.[6] Three days later, on May 4, 2018, the company announced that the deal would not go into effect, and Jacobson would stay on as CEO.[7]

On May 13, 2018, Xerox announced that Jacobson would indeed be stepping down to be replaced by John Visentin. Jacobson also gave up a severance package worth up to $18M, by resigning voluntarily, in exchange for immunity from civil lawsuits over the failed Fujifilm deal.[8]

Education

Jacobson graduated from the State University of New York Buffalo. He also has a master's degree in Industrial Relations from the Cornell University School of Industrial Relations.

Jacobson also gained a juris doctor degree from Pace University School of Law and was admitted to the bar in both New York and New Jersey.

References
  1. Xerox Announced John Visentin as new CEO
  2. FitzGerald, Drew; Benoit, David (24 June 2016). "Xerox Picks Insider Jeff Jacobson to Succeed Ursula Burns as CEO". The Wall Street Journal.
  3. https://money.cnn.com/2018/05/04/investing/xerox-ceo-jeff-jacobson/index.html
  4. FitzGerald, Drew; Benoit, David (2016-06-24). "Xerox Picks Insider Jeff Jacobson to Succeed Ursula Burns as CEO". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-12-11.
  5. "Jeff Jacobson, CEO". Xerox Corporation. Retrieved 4 January 2017.
  6. "Xerox's Leaders Depart, Putting Fujifilm Deal in Jeopardy". The New York Times. 2018-05-01. ISSN 0362-4331. Retrieved 2018-05-02.
  7. "Xerox Executives Stay Put as Settlement With Carl Icahn Expires". The New York Times. 2018-05-04. ISSN 0362-4331. Retrieved 2018-05-04.
  8. "Ex-Xerox CEO caves to pressure, gives up $18M golden parachute". The New York Times. Retrieved 1 June 2018.


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