XEROX CORPORATION (NYSE:XRX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.(a)
to a letter delivered by Jonathan Christodoro to Xerox Corporation (the “Company”) on December8, 2017, Mr.Christodoro resigned (the “Resignation”) from the Board of Directors of the Company (the “Board”), effective immediately. According to his letter, Mr.Christodoro’s Resignation was due to his belief that the Board will make decisions and take the Company in a direction with which Mr.Christodoro strongly disagrees.The Resignation was necessary in order to allow Carl Icahn and his affiliated funds to submit nominations for the election of director candidates at the 2018 Annual Meeting of Shareholders, which were subsequently received.
Mr.Christodoro served on the Corporate Governance Committee and the Corporate Finance Committee of the Company.
A copy of Mr.Christodoro’s letter is filed as Exhibit 17.1 hereto.
On December11, 2017, the Company issued a press release with respect to the Resignation. A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated by reference herein.
| Item 5.02. | Financial Statements and Exhibits. |
(d) Exhibits.
|
Exhibit No. |
Description |
| 17.1 | Letter from Jonathan Christodoro, dated as of December8, 2017. |
| 99.1 | Press Release, dated December11, 2017. |
EXHIBIT INDEX
XEROX CORP ExhibitEX-17.1 2 d497546dex171.htm EX-17.1 EX-17.1 Exhibit 17.1 Jonathan Christodoro 320 West 38th Street,…To view the full exhibit click here
About XEROX CORPORATION (NYSE:XRX)
Xerox Corporation is engaged in imaging, business process, analytics, automation and user-centric insights. The Company’s segments include Services, Document Technology and Other. The Company’s Services segment comprises two types of service offerings: Business Process Outsourcing (BPO) and Document Outsourcing (DO). Its DO offers services, such as managed print services (MPS), which include workflow automation and centralized print services (CPS). Its BPO business includes services that support enterprises through multi-industry offerings, such as customer care, transaction processing, finance and accounting, and human resources, as well as industry-focused offerings in areas, such as healthcare, transportation, financial services, retail and telecommunications. Its Document Technology segment includes the sale of products and supplies, as well as the associated technical service and financing of those products. Its Other segment includes paper sales in its market countries.
