Xerox Announces Organization Changes to Support Plans for New Businesses
Xerox Holdings Corporation announced organizational changes to support plans to create three new businesses – Software, Financing and Innovation – aimed at delivering long-term growth in 2021 and beyond. Nicole Torraco has been promoted to senior vice president, Xerox Financial Services (XFS), to lead Xerox’s financing business, reporting directly to Visentin. Sam Waicberg will lead the Software business as vice president and general manager of Digital Services, reporting to President and Chief Operations Officer Steve Bandrowczak. Naresh Shanker, senior vice president and chief technology officer, will lead the PARC Innovation business. Executive Vice President Louie Pastor has been appointed chief corporate development officer and chief legal officer.