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Xerox Holdings Corporation announced that Steve Bandrowczak has stepped down as CEO, with Louie Pastor appointed as his successor, effective immediately. Pastor, who previously served as Xerox’s President and COO, brings deep company experience and a track record of driving operational performance and strategic growth. During his tenure, Bandrowczak led Xerox through pivotal acquisitions, including Lexmark and ITsavvy, strengthening the company’s foundation for future success. In a statement, Pastor expressed his honor in leading Xerox into its next chapter, while Bandrowczak expressed pride in the company’s resilience and confidence in Pastor’s ability to lead. Xerox has reaffirmed its 2026 financial guidance, ensuring continued focus on growth and execution under Pastor’s leadership.
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