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Xerox Announces President & COO Transition

1. John Bruno to leave Xerox for CEO role elsewhere, affecting leadership dynamics.

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FAQ

Why Bearish?

Leadership changes can create uncertainty. Historical examples show stock declines during similar transitions.

How important is it?

Leadership transitions can impact investor confidence and operational direction, affecting stock pricing.

Why Short Term?

Initial market reaction likely to affect stock performance in coming weeks.

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HPQIBMXRX
NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) today announced that its President and Chief Operating Officer, John Bruno, has decided to pursue a CEO opportunity outside of Xerox. Bruno, who has served as President and COO since 2022 and as a Xerox Board member since 2024, will remain in his operating role through August 31, and then continue as a member of the Xerox Board of Directors. In his Board member role, he will chair the newly formed Integration Committee, o.

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