xerox announces name and spinoff company

almost six months after announcing plans to split itself into two separate, publicly traded entities, xerox (nyse: xrx) has revealed what the pair will be named.the larger of the two, which is essentially the company’s legacy document-technology business, will retain the name xerox. conduent’s first boss will be ashok vemuri, who until last october was president and ceo of it services company igate.prior to that, he was a senior executive and board member of india-based business services major infosys.xerox has still not named a ceo for its successor company of the same name. current ceo ursula burns is scheduled to step down after the split is completed, when she will become chairman of the board at the new xerox.one major player at conduent is sure to be noted activist investor, icahn partners (nasdaq: iep) namesake carl icahn.

xerox announces name for post-split bpo business: conduent of its yet-to-be- named business process outsourcing (bpo) spinoff, xerox has xerox officials announced today that after completing its split, the new business process outsourcing company will be named “conduent.” xerox has announced the names of the two new companies that will be created following the separation of the corporation into two parts later xerox officials announced today that after completing its split, the new business process outsourcing company will be named “conduent.” xerox names its new spinoff company conduent earlier this week, xerox announced that ashok vemuri will lead the bpo company as ceo xerox conduent logo, xerox news layoffs 2016, what happens to xerox stock after split, xerox conduent spinoff, conduent headquarters, conduent xerox stock, xerox and conduent, xerox spin off press release

perhaps being cleaved in two, and starting new managerial regimes, is what’s needed in order for both do better.xerox did not provide a date when the split is to be effected, though it has stated previously it would be completed by the end of 2016.a secret billion-dollar stock opportunity the world’s biggest tech company forgot to show you something, but a few wall street analysts and the fool didn’t miss a beat: there’s a small company that’s powering their brand-new gadgets and the coming revolution in technology.