secwatch.observer — SEC 8-K summary
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Issuer:     XEROX CORP (—)
CIK:        0000108772
Form:       8-K
Filed at:   2024-09-18T23:59:59+00:00
Accession:  0001193125-24-220895
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xerox CFO Xavier Heiss to retire Jan 31, 2025; Mirlanda Gecaj named successor
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- Xavier Heiss, CFO since 2021, retires after 30+ years; effective Feb 1, 2025.
- Mirlanda Gecaj, VP and CAO, promoted to EVP and CFO effective Feb 1, 2025.
- Gecaj receives $550K base salary, target annual bonus of 100% of base, and $2M LTI grant for 2025.
- Heiss's retirement is not due to any disagreement with the company.
- Company is searching for a new Chief Accounting Officer to replace Gecaj.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108772/000119312524220895/0001193125-24-220895-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108772/000119312524220895/d832949d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-220895

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