Date: Wednesday November 12, 2008 03:10:54 pm
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AnonymousInactive
http://www.itweb.co.za/sections/business/2008/0811110809.asp?A=PRN&S=Printing%20and%20Imaging&O=FPINObama 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.”
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