Xerox, a global leader in workplace technology solutions, has announced the retirement of CFO Xavier Heiss, effective February 1, 2025, after over 30 years with the company. Heiss, who has served as CFO since 2021, has been praised by Xerox's CEO Steve Bandrowczak for his role in driving transformative initiatives that have reshaped the company. Mirlanda Gecaj, the current vice president and chief accounting officer, will succeed Heiss as CFO.
Gecaj, who joined Xerox in 2022, brings extensive experience in accounting, finance, internal audit, and shared services to her new role. She has been credited with enhancing Xerox's financial operations and reporting over the past three years. Bandrowczak expressed confidence in Gecaj's ability to lead the company's next phase of growth, citing her track record in leading business transformation strategy across global technology companies.
Under Heiss's mentorship, Gecaj has worked to implement financial process standardization and automation at Xerox, resulting in significant cost savings and improved outcomes. Gecaj expressed her honor in stepping into the role of CFO at a pivotal time for Xerox, emphasizing her involvement in driving the company's Reinvention, operational simplification, and strategic repositioning efforts.
Xerox, listed on the NASDAQ as XRX, has continually redefined the workplace experience for over 100 years, expanding into software and services to sustainably power the hybrid workplace of today and tomorrow. The company's differentiated business and technology offerings, along with its financial services, are essential workplace technology solutions that drive success for its clients.
For more information about Xerox, visit www.xerox.com. The market has reacted to these announcements by moving the company's shares -1.9% to a price of $10.38. Check out the company's full 8-K submission here.
