Business process and document management company
) recently announced the appointment of Kathryn Mikells as the
Chief Financial Officer (CFO) and Executive Vice President.
Kathryn will hold the new office from May 2, 2013 after stepping
down from her position as the CFO of
The ADT Corporation
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Kathryn brings to Xerox extensive experience in financial
management along with global business insight in both services
and technology. The newly appointed CFO is expected to drive
Xerox to newer heights. With her leadership traits, expertise and
experience, she is expected to unlock further value. We believe
that Kathryn's sector know-how will prove beneficial for Xerox.
With past experience in companies like ADT where she played a
major role in corporate restructuring, Kathryn is expected to
bring in transformative changes in Xerox and augment its revenues
going forward. Kathryn previously served as CFO at both Nalco and
UAL Corporation. Over the years, she has successfully steered the
companies where she has worked toward growth through tactical
initiatives and expects to emulate similar success in Xerox also.
Headquartered in Norwalk, Conn, Xerox is a leader in the
development, manufacture, marketing, servicing and financing of
document equipment across the world. The company has three
segments Technology, Services and Others. Xerox is looking
forward to expand its offerings through inorganic measures and
new acquisitions which will help the company to add more clients
to its portfolio.
However, the company needs to be wary of its competitors, which
include formidable names such as
). Xerox currently has a Zacks Rank #3 (Hold). One of its
FARO Technologies Inc
) carries a Zacks Rank #1 (Strong Buy).