CEO Named to head Xerox Post-split Company

Upon the completion of the separation of Xerox into two publicly-traded companies, Ashok Vemuri (Pictured) will head its post-split company–Business Process Outsourcing (BPO).

Xerox recently announced the appointment, stating that Vemuri will join Xerox effective July 1, 2016 and serve as Chief Executive Officer of Xerox Business LLC and as executive Vice President of Xerox Corporation until the separation is complete.

As President and Chief Executive Officer of IGATE Corporation from 2013 to 2015, Vemuri transformed the company’s operations, go-to-market strategy and balance sheet and successfully executed a strategic sale of the company to Capgemini. Prior to that, he was a senior executive at Infosys.

Xerox chairman and CEO Ursula Burns, said, “Ashok’s deep industry experience and proven track record of leading growth and corporate transformations will be instrumental for the BPO company’s future success. He’s an excellent leader with the right combination of operational, financial and client experience to successfully drive our BPO company’s go-forward strategy. I look forward to working with Ashok to successfully launch the new BPO company and build on its position as an industry leader.”

“I’m excited to join Xerox at this stage of its new path forward. Xerox’s BPO business is already in several attractive markets and has an impressive client list that includes top global brands and vital government agencies. The standalone BPO company will have many new opportunities, leveraging its differentiated capabilities and executing a more focused value-creation strategy for the benefit of clients, employees and shareholders,” Vemuri said.

Source:http://news.xerox.com/

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