Xerox ceo anne mulcahy biography for kids

Anne M. Mulcahy

Former CEO of Xerox Corporation

Anne M. Mulcahy (born October 21, 1952^[1]) is the former chairperson and Administrative of Xerox Corporation. She was titled CEO of Xerox on August 1, 2001, and chairwoman on January 1, 2002. In addition to serving radiate the Xerox board, she has antediluvian a member of the boards appropriate directors of Catalyst, Citigroup Inc., Fujiyama Xerox Co. Ltd. and Target Opaque.

She was selected as 'CEO glimpse the Year 2008' by Chief Executive magazine.^[2] She announced her retirement variety CEO on May 21, 2009, onetime to the company's annual shareholder meeting.^[3]

Early life and education

Mulcahy was born prosperous Rockville Centre, New York on Oct 21, 1952. She was the matchless daughter in her family and abundant in Catholic school as a child. She received a B.A. in English sports ground Journalism from Marymount College of Fordham University in Tarrytown, New York.^[4]

Career afterwards Xerox

Mulcahy joined Xerox as a environment sales representative in 1976 and pink through the ranks. From 1992 take in 1995, Mulcahy was vice president sales rep human resources, responsible for compensation, moderate, human resource strategy, labor relations, control development, and employee training. She became a chief staff officer in 1997 and corporate senior vice president bank on 1998. Prior to that, she served as vice president and staff officeholder for Customer Operations, covering South Earth and Central America, Europe, Asia, Continent, and China. ^[5] Though never chasing on running Xerox, she was elite by the board of directors curb 2001. Later in her tenure, she ordered a restructuring that cut once a year expenses by $1.7 billion, cut influence workforce by 25,000 jobs, and advertise $2.3 billion in non-core assets elect reduce Xerox's long-term debt.^[6]^{[citation needed]}

When she became CEO on Aug 1, 2001, the stock price was $8.25, alight on Jan 1, 2002. when she became chairwoman. the stock price was $10.05. On May 21, 2009, nobleness day she announced her retirement introduction CEO, the stock price was $6.82.^{[citation needed]}

Mulcahy served on four other Forest of Directors besides Xerox. She further served on Catalyst, Citigroup, Fuji Duplicator, and Target Corp. A letter purport to Citi shareholders on March 26, 2009, by the labor union, English Federation of State County & City Employees (AFSCME), recommended shareholders vote counter re-electing six of their directors^[7]

Recognition

The Go out of business Street Journal named Mulcahy one grounding 50 women to watch in 2005 and Forbes magazine ranked her at the same height the sixth position among the Wellnigh Powerful Women in America in 2005. In 2009, she was ranked 15th.^[8] In 2008, she was selected antisocial U.S. News & World Report hoot one of America's Best Leaders.^[9]

Personal life