Paul Allaire
Paul Allaire
Paul Arthur Allaireis a businessman who served as CEO and Chairman of Xerox Corporation, and as a director on several other public companies...
asset billion enhances generate greatly pledge progress turnaround xerox
With this transaction, Xerox greatly enhances its liquidity and has made significant progress on its turnaround pledge to generate more than $2 billion in asset sales,
although assets aware change clear company cost degree fixing focus investment order profile remain shed structure
We were aware that we really had to change the cost structure of the company and change the investment profile and the focus to some degree and shed some assets in order to remain competitive, ... It is clear that just fixing our operational issues, although critical, is not sufficient.
timing turnaround
We're confident about a turnaround, but the timing is clearly later.