23.5.09

Xerox


Great time to buy stock in Xerox. Ursala Burns has just been named The new head of Xerox Corp.
At only 50, she takes over this summer replacing Xerox CEO Anne Mulcahy, 56, who told shareholders Thursday she would be retiring and picked burns as her successor. Burns climbed the corporate ladder at Xerox, beginning as a summer engineering intern in 1980 and rising to president of the printing giant in 2002. As president, Burns oversaw a large chunk of the company's operations including overseas research and development, engineering, manufacturing and marketing.
She helped to build Xerox into the world's largest maker of high-speed color printers.

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