Who was John Visentin?
John Visentin (October 23, 1962 – June 28, 2022) was an American executive. He was the chief executive officer of Xerox from 2018 until his death in 2022.
Xerox CEO John Visentin dies at 59 after battling ongoing illness
Xerox Holdings Corporation’s revered leader, Vice Chairman and Chief Executive Officer John Visentin, unexpectedly passed away on Wednesday due to complications from an ongoing illness. Visentin is survived by wife and five daughters.
Since joining Xerox in May 2018, John navigated the company through unprecedented times and challenges. Well-known and respected throughout the industry, his strategy ensured Xerox’s leadership position in office and production print technology and expanded the company into helping solve secular challenges with innovative solutions.
James Nelson, Chairman of Xerox’s Board of Directors said, “Since joining the company in May 2018, John drove Xerox forward. As a champion for innovation, he embraced and enhanced Xerox’s legacy as a print and services provider and embarked on a transformative journey that broadened the company’s expertise and offerings to digital and IT services, financial services and disruptive technologies. John’s drive, energy and commitment to the business and its customers, partners and employees will be greatly missed.”
Nelson added: “Steve has the active and full support of the Board of Directors and the entire management team in carrying out his duties.”
Steve Bandrowczak, Xerox’s President and Chief Operations Officer since 2018, will serve as Interim CEO. Steve currently develops and executes the global operations strategy for Xerox, the company’s business support functions, including business strategy, product and service delivery and information technology, as well as the company’s newly formed Software and Innovation businesses.
John Visentin Biography, Wiki
John Visentin was born in the year 1963. He was born to his parers in Norwalk, Connecticut, United States. At the time of his death, John Visentin’s age is 59 years. He follows the religion of Christians.
Talking about his education, John Visentin had done his schooling studies at Norwalk school. After that, John Visentin went to Concordia University, Montreal, from which he had done his graduation.
John managed multibillion-dollar business divisions in the information technology services industry while employed by both Hewlett-Packard and IBM. Throughout his career, John has shown a solid ability to simplify complex processes to stimulate profitable growth continuously.
John worked as an operating partner for Advent International and as a senior advisor to the chairman of Exela Technologies before he started working for Xerox.
In these roles, he was responsible for providing guidance, analysis, and support regarding operational and strategic business issues during the process of due diligence and evaluating investment opportunities.
|Real Name||John Visentin|
|Wife Name||Not Known|
|Age||59 years old|
|Height (Approx)||In Feet Inches – 5’7″|
|Weight (Approx)||75 kg|
|Hair Colour||Dark Brown|
|Date of Birth||1963|
|Death Date||29 June 2022|
|Birth Place||Norwalk, Connecticut, United States|
|Zodiac sign||Not Known|
|School Name||Norwalk School|
|College Name||Concordia University, Montreal|
|Father Name||Not Known|
|Mother Name||Not Known|
|Source Of Income||Businessman|
|Net Worth, Salary||$15 million (approx)|
John Visentin Career
John held the positions of executive chairman and CEO of Novitex Enterprise Solutions from October 2013 to July 2017.
John further served as a consultant for Apollo Global Management and helped them acquire Presidio in February 2015, the premier supplier of managed and professional services for cutting-edge IT solutions. Between February 2015 to November 2017, he presided over the Presidio board of directors..
In May 2018, Visentin, also Xerox’s vice chairman, accepted Carl Icahn’s candidacy to become the company’s chief executive officer. Statistics provided by Refinitiv indicate that the entity associated with the activist investor is the corporation’s largest shareholder.
Icahn had hired Visentin as a consultant before that time to assist him in his fight against Xerox. During that period, Visentin had advised the firm to consider several strategic alternatives.
Icahn had advocated for a merger between the two companies in the year 2020, and Visentin was in charge of the company when it made an unfriendly offer to purchase HP for $35 billion.
In the same year, in response to a decline in demand brought on by businesses’ decreased printing of papers, Xerox presented a cost-cutting plan that would be implemented over three years.
John Visentin FAQ’s
Q.1 Who is John Visentin?
Ans. He was a famous American Businessman and Entrepreneur.
Q.2 Who is the Wife of John Visentin?
Ans. Not Known.
Q.3 What was the Age of John Visentin?
Ans. 59 years old.
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