Court Papers Show Conflicted Xerox Board
Deason argues that Xerox CEO Jeff Jacobson “acted without authorization” to negotiate a deal with Fujifilm, a deal that is is said to have “preserved his job at the expense of shareholder value.
Category: Executive Management
Xerox, Fujifilm Said to be Renegotiating Proposed Merger; Other Interested Buyer Revealed
On Wednesday, Xerox also said that Xerox shareholders should disregard information from Icahn and Deason, stating the two are conducting a “highly disingenuous campaign” that distorts and omits key facts about Xerox and the proposed merger.
Ogawa Appointed President and COO of Canon U.S.A.
In 2008, Ogawa was named president and CEO of Canon Canada. Following that, he was named as an executive officer of Canon Inc. in 2011.
Tokunaga Appointed New President and CEO of Ricoh Americas
Last year, in February, Ricoh had announced that it was eliminating the position of a chairman and CEO for Ricoh Americas, which resulted in the departure of Ricoh Americas Chairman and CEO Martin Brodigan.
Nuance Appoints NCR President and COO Benjamin to Serve as CEO
Benjamin currently serves as president and chief operating officer of NCR Corporation, a software- and hardware-solutions business-technology company.
Johnson Appointed Director of Sharp’s Copier/MFP Central Region
In 2004, Johnson joined the U.S. Army Reserves as a psychological operations specialist. He was deployed as a member and team leader of the Tactical Psychological Operations Teams to Afghanistan from 2005 – 2006 and to Iraq from 2009 – 2010.
Deason Sues to Replace Xerox Board; New Joint Deason-Icahn Letter
“Hope is not a strategy. We cannot just hope for multiple expansion. We cannot just hope for synergies. We cannot just hope that the massive Fuji Xerox accounting scandal will not result in substantial additional liabilities for Xerox. We cannot just hope that Fuji that will treat us fairly once they are in control of our company.”
Xerox Tells Deason: Forget Nominating Any Board Members
Deason, along with billionaire activist investor Carl Icahn, have sought to derail Xerox’s proposed merger with Fuji Xerox, with Fujifilm of Japan having a controlling 50.1 percent of shares, with current Xerox CEO Jeff Jacobson serving as president of the new company. Xerox shareholders will vote on the proposed merger at an upcoming shareholder meeting in May 2018.
Toshiba Appoints Former Banker CEO in Drive to Rebuild Company
Toshiba’s board believes former banker can help its turnaround.
Canon Solutions America Announces Key Promotions and Retirements
Canon U.S.A.’s Canon Solutions America today announced several key senior executive appointments, including the promotion of Toyo Kuwamura from president and...
Icahn, Deason Call for Xerox CEO, Directors Replacement, Renegotiation of Fuji Xerox Partnership
Activist investor Carl Icahn and Darwin Deason, founder of Affiliated Computer Services, today released a joint statement calling for the...
Dan Cooper to Lead Xerox’s Global Imaging Systems
Xerox has announced that Dan Cooper will lead Global Imaging Systems (GIS), a Xerox company. Cooper will report to Mike Feldman, president of...
This Week in Imaging: Brother Adds Printers with Auto Toner Delivery; HP, Epson Adding Amazon Dash Compatibility; More
This week, Brother International launched its next-generation monochrome family of black-and-white printers and MFPs for SMBs, all notable for their compatibility with automatic...
Konica Minolta Promotes Roopa Parekh to President of Direct Channel’s East Region
Konica Minolta Business Solutions U.S.A. reported today that Roopa Parekh, market vice president, New England, has been promoted to the...
Deason, Shareholders, Demand Xerox Disclose Potential ‘Value-Destroying’ Fujifilm Deal
In December 2017, it was gadfly billionaire activist investor Carl Icahn who blasted Xerox leadership, saying the firm “desperately needs...
Canon U.S.A. Announces New Executive Appointments
Canon U.S.A. today announced several new senior executive appointments and promotions that have been in effect since January 1, 2018....
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