The vice-chairman and CEO of Xerox Holdings Corporation are John Visentin. Let’s see how did he die, what happened, and what was John Visentin Cause of Death.
John Visentin Cause of Death
John Visentin, the CEO of Xerox, passed away on Tuesday as a result of long-term illness-related complications, the company confirmed on Wednesday.
According to a business press release, “the Xerox family is truly saddened by this unfortunate incident and expresses its heartfelt sympathies to John’s wife, his five daughters, and his family.”
$XRX: “Xerox Announces the Unexpected Passing of Vice Chairman and Chief Executive Officer John Visentin” pic.twitter.com/F6eNYrQfqu
— Joe (@9Joe9) June 29, 2022
In 2018, Visentin was appointed CEO of Xerox, where he also served as vice-chairman. Steve Bandrowczak, who formerly held the positions of president and chief operations officer, will take over as interim CEO in his place.
Who is John Visentin?
At both Hewlett-Packard and IBM, John oversaw multibillion-dollar business divisions in the IT services sector. Throughout his career, John has demonstrated success in streamlining complicated operations to continually spur profitable growth.
Prior to joining Xerox, John worked as an operating partner for Advent International and a senior advisor to the chairman of Exela Technologies, where he offered guidance, analysis, and support with regard to operational and strategic business issues during the due diligence and assessment of investment opportunities.
John Visentin Career
John held the positions of executive chairman and CEO of Novitex Enterprise Solutions from October 2013 to July 2017. John further served as a consultant for Apollo Global Management and helped them acquire Presidio in February 2015, the premier supplier of managed and professional services for cutting-edge IT solutions. Between February 2015 to November 2017, he presided over the Presidio board of directors.
Visentin, who was also vice-chairman, accepted Carl Icahn’s nomination to become Xerox’s CEO in May 2018. According to Refinitiv statistics, the activist investor’s company is the corporation’s largest shareholder.
Prior to then, Icahn had employed Visentin as a consultant to help in his campaign against Xerox, during which time he encouraged the corporation to consider strategic alternatives.
Visentin was also in charge of the business when it attempted to acquire HP for $35 billion in a hostile bid, a merger that Icahn had pushed for in 2020.
The same year, Xerox unveiled a three-year cost-cutting plan under Visentin in response to a downturn in demand brought on by businesses’ decreased printing of documents.
Tribute to John Visentin’s Death
Lou Wallace said,
Xerox Announces the Unexpected Passing of Vice Chairman and Chief Executive Officer John Visentin – Steve Bandrowczak, Xerox’s President and Chief Operations Officer, appointed Interim CEO NORWALK, Conn.–(BUSINESS WIRE)–Xerox Holdings Corporation’s
CBD Cure disease said,
Xerox CEO John Visentin dies at 59. Printer maker Xerox Holdings Corp said on Wednesday Chief Executive Officer John Visentin, 59, has died due to complications from an ongoing illness.
Tech News Club said,
Xerox CEO John Visentin has died unexpectedly after a long illness $XRX The CEO of Xerox, John Visentin, died unexpectedly on Tuesday, the company announced Wednesday. He had been CEO since 2018.
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