Xerox Announces CFO Xavier Heiss to Retire in 2025
Xerox Announces CFO Xavier Heiss to Retire in 2025
Xerox has announced that after more than 30 years with the company, Xavier Heiss has decided to retire, effective Feb. 1, 2025. Heiss has served as chief financial officer since 2021.
"Xavier has been a driving force behind many of the transformative initiatives that have reshaped our company, leading us through critical phases of reinvention and setting us on a path of sustainable growth," said Steve Bandrowczak, CEO, Xerox. "I want to express my deepest gratitude to Xavier for his exceptional service to Xerox over the past three decades, and I wish him well in retirement next year."
Mirlanda Gecaj, vice president and chief accounting officer at Xerox, will serve as Heiss's successor beginning Feb. 1, 2025. Gecaj joined the company in 2022 and has leveraged her extensive experience in accounting, finance, internal audit and shared services to enhance Xerox's financial operations and reporting over the past three years.
"I'm proud to welcome Mirlanda Gecaj as our new CFO, a decision that reflects the strength of our talent pool and the effectiveness of our succession planning," Bandrowczak said. "She is the ideal leader to step into this crucial role and will continue to help evolve our culture, achieve our financial goals and drive success for our clients."
Gecaj's record of leading business transformation strategy across global technology companies, including PricewaterhouseCoopers and Element Solutions Inc., positions her well to lead the next phase of growth at Xerox. Her career has largely focused on innovation and efficiency, enabling businesses to reconstruct processes and technology while incorporating new ways of working with improved speed and agility. During her tenure at Xerox, Gecaj has been mentored by Heiss and worked to implement financial process standardization and automation resulting in significant cost savings and improved outcomes.
"I am honored to step into the role of CFO at such a pivotal time for Xerox," Gecaj said. "As a senior leadership team member, I've been deeply involved in driving the company's reinvention, operational simplification and strategic repositioning efforts. I look forward to continuing this work in my new role, ensuring that we enable sustainable growth in profit and free cash flow while staying true to our core values and long-term vision."
In other news, Xerox announced the Xerox PrimeLink C9200 Series color printers at the PRINTING United Expo 2024 in Las Vegas. This entry-level production press combines Xerox high-end production capabilities, a space-saving design, and automated production workflows to help clients and print service providers deliver high-quality output on time and on budget.
The Xerox PrimeLink C9265/C9275/C9281 include features that enable more flexibility and customization, adapting to the needs of both production environments and offices. The Color Press series uses a new toner formulation similar to the Xerox Iridesse Production Press and a completely redesigned imaging system to provide best-in-class performance with outstanding fine-line detail, images, color transitions and color accuracy with speeds up to 81 pages per minute (ppm). Custom media catalogs also provide optimal settings for the widest array of weights and sizes of media, such as small envelopes, book jackets, banners and calendars. Coupled with advanced production-class feeding and finishing, the new series creates unmatched versatility.
"Our clients are demanding quality, versatility and affordability in light production printing," said Terry Antinora, senior vice president, head of product and engineering, Xerox. "These new color presses are designed to help our clients adapt to changing market conditions and maximize their return on investment. In today's competitive landscape, businesses need a printing solution that can do it all and our new presses are the answer."
The PrimeLink C9200 series offers a choice of print servers from Xerox and Fiery, LLC and integrates with the Xerox end-to-end production print ecosystem including:
- Workflow analytics and automation: Xerox FreeFlow Vision Software, Xerox FreeFlow Vision Connect Software and Xerox FreeFlow Core
- Omnichannel customer communications management: XMPie Technology
- Intelligent Assistant Capabilities: Predictive AI for production print and multifunction print
The printers include a 10-inch touchscreen, making it easy to access general operations like print, scan and copy as well as cloud and productivity apps that simplify workflows, automate tasks and increase productivity. The PrimeLink C9200 series reinforces production print as a key priority for Xerox to drive long-term success for its clients as they navigate the world of digital transformation.
Xerox will begin regional rollout and order taking starting in November.