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XEROX HOLDINGS CORP : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

09/11/2020 | 06:08pm

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

On September 11, 2020, Xerox Holdings Corporation and Xerox Corporation
(collectively, "registrant" or "Xerox") announced that its Chief Financial
Officer, William F. Osbourn, Jr., will leave Xerox for personal reasons,
effective September 30, 2020. Mr. Osbourn notified registrant of his decision on
September 8, 2020. Mr. Osbourn's resignation is not due to any disagreement with
respect to registrant's operations, policies or practices.
Xavier Heiss, 57, a
Xerox veteran, will serve as interim Chief Financial Officer, commencing
September 30, 2020, while registrant conducts a search, both internally and
externally, for a permanent successor. Mr. Heiss has served in various
leadership positions in finance, business transformation and sales at Xerox.
Prior to being promoted to Executive Vice President and President of EMEA
Operations earlier in 2020, Mr. Heiss served as Xerox Controller and Chief
Financial Officer of Xerox's Americas Operations. Prior to that, he served as
Vice President of Xerox Financial Planning and Analysis and Global Finance
Shared Services.
Jacques-Edouard Gueden, 55, a
Xerox veteran, will serve as interim President of EMEA Operations, commencing
September 30, 2020. Most recently, Mr. Gueden served as President of Xerox's
France & BeLux Operations. Prior to that he served as Senior Vice President of
International Operations Commercial Excellence & SMB and prior to that served as
Senior Vice President, CPO Channel Strategy and Business Operations.
At the time of this report, registrant has not entered into any new or amended
compensatory or other agreement or arrangement with Mr. Osbourn, Mr. Heiss or
Mr. Gueden in connection with the announcements described above.
A copy of registrant's news release announcing Mr. Osbourn's departure and
Mr. Heiss' appointment is being filed as Exhibit 99.1 to this Current Report on

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

No. Description of Exhibit

99.1 Xerox press release regarding departure of chief financial officer
William F. Osbourn, Jr. and appointment of Xavier Heiss as interim
chief financial officer.

104 Cover Page Interactive File (the cover page tags are embedded within
the Inline XBRL document).



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