Anne Mulcahy
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Anne Mulcahy
Anne M. Mulcahyis former chairperson and CEO of Xerox Corporation. She was named CEO of Xerox on August 1, 2001, and chairwoman on January 1, 2002. In addition to serving on the Xerox board, she has been a member of the boards of directors of Catalyst, Citigroup Inc., Fuji Xerox Co. Ltd. and Target Corporation...
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Larry has a proven track record as an effective financial executive with balanced experience in global operations, strategic planning, accounting, and internal controls,
equipment mix product sales shift stronger
Equipment sales were impacted by a more significant shift in product mix with stronger sales of lower-priced systems.
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For Xerox to continue building momentum in this uncertain economy, we need to accelerate our drive to improve efficiency while delivering competitive products and services to our customers,
direct focus force research sales
direct sales force and the focus of our research and development investments.
businesses
Businesses need to be 24/7, ... Individuals don't.
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Digital publishing technology is opening new doors to new authors, ... The Xerox Aspiring Authors program recognizes the people who conceive the ideas, create the stories, drive the new business models, and leverage the new technology that is creating a sea change in digital publishing.
capturing deals fuel share winning
We're capturing share and winning the deals that fuel long-term gains.
costs direct due encouraged gross impact increased largely profit
While encouraged by annuity growth, I am disappointed in our gross profit decline. This was largely due to increased costs and had a direct impact on our first-quarter earnings.
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We are aggressively implementing our cost-reduction plans, which will yield more than $1 billion in savings by the end of 2001, ... Since the third quarter of 2000, we have taken actions that account for more than one-third of this target, including the reduction of approximately 2,000 jobs worldwide in the fourth quarter. This activity will intensify with the reduction of 4,000 jobs in the first quarter and additional reductions through the balance of the year.