OBAMA CHOOSES XEROX's CEO FOR ……..

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OBAMA CHOOSES XEROX's CEO FOR ……..

 user 2008-11-12 at 3:10:54 pm Views: 46
  • #20481
    http://www.itweb.co.za/sections/business/2008/0811110809.asp?A=PRN&S=Printing%20and%20Imaging&O=FPIN
    Obama chooses Xerox’s Mulcahy for advisory board
    November
    2008  – US President-elect Barack Obama has chosen Xerox CEO and
    chairman Anne Mulcahy to assist him in rescuing the US economy on his
    17-member Transition Economic Advisory Board. The board had its first
    meeting last Friday and has been tasked with helping Obama prepare for
    his presidency next year.Mulcahy, who has been widely credited with
    transforming Xerox’s fortunes, joins a number of technology and
    business leaders. Among them are Google CEO and chairman Eric Schmidt,
    Time Warner chairman Richard Parsons and Warren Buffett, the richest
    man in the world and chairman and CEO of Berkshire Hathaway.”Anne’s
    nomination to this advisory board is acknowledgement of her qualities
    as a leader and of Xerox’s pre-eminence in the technology market,” says
    Rob Abraham, MD of Bytes Document Solutions, distributor of Xerox to 24
    African countries, and a wholly owned subsidiary of Bytes Technology
    Group. “Anne has been instrumental in transforming Xerox over the last
    seven years, and she will have critical insights to help Obama rescue
    the US economy.”

    The board met for the first time in Chicago
    last Friday against the backdrop of an automotive industry in crisis,
    with GM and Ford having burnt through $14.6 billion in cash since
    August and GM announcing that it is running out of cash. Saving the US
    auto industry is one of the first tasks confronting Obama.

    Obama’s
    successful election campaign was premised on the need for fundamental
    change, and was characterised by positive messaging. As he is of Kenyan
    extraction, he is expected to focus significant time and energy on
    Africa.”Anne and Xerox are very committed to the African business
    market,” adds Abraham. “When we launched the iGen 3, the world’s
    leading production press in 2004, she made a special effort to meet
    with potential customers. In addition, Ursula Burns, president of Xerox
    Corporation, is to visit South Africa later this year.”