Xerox Appoints New CEO

Xerox Corp said on Tuesday Ashok Vemuri will become the chief executive of its business process outsourcing unit after the company splits into two publicly traded entities.

Vemuri, who previously headed IT services provider IGATE Corp from September 2013 to October 2015, will join Xerox effective July 1.

The new CEO of Xerox will take charge from December 2016
The new CEO of Xerox will take charge from December 2016

While at IGATE, Vemuri led the company’s sale to French rival Cap Gemini SA (CAPP)for $4 billion. He has previously worked at Infosys Ltd (INFY.NS) in various roles for 14 years.

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In January, Xerox announced plans to split its legacy printer operations and its  business process outsourcing units into two companies.

Xerox, a company well known for the best brands of printers worldwide has not said who will head its printer business but current Chief Executive Ursula Burns will become chairman of that company once the transaction closes, expected by the end of 2016.

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Chukwuyem Ogala is a content writer at Edliner. A multifaceted personality with a degree in Economics. He has a strong passion for Rap music and sports. A big fan of the NBA, likes Rafael Nadal and has a crush on Serena Williams. Chuks just strives to be better and wants to be heard globally.

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