Xerox Corp. (NYSE: XOM) announced Tuesday that Chairman Anne M. Mulcahy plans to retire in May, according to Associated Press.
Mulcahy, 57, became CEO of Xerox in 2001 and chairman in 2002 amid huge losses and is credited for leading the company out of its financial slump. She stepped down as CEO last July.
Top Best Penny Stocks, a leading financial publication, is pleased to alert investors of stocks on the move. Sign up for our Free Stock Newsletter.
CEO Ursula M. Burns, Mulcahy’s heir apparent, will assume the title of chairman at the company's annual shareholder meeting on May 20. Burns has been with Xerox for three decades and is the first African American woman to lead a Fortune 500 company.
Sign up for Top Best Penny Stocks' free newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
Follow us on Twitter: http://www.Twitter.com/topbestps
About Us
Top Best Penny Stocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
