Xerox Holdings Corp. Announces Director Changes and Officer Compensation
Ticker: XRXDW · Form: 8-K · Filed: Jan 21, 2025 · CIK: 1770450
| Field | Detail |
|---|---|
| Company | Xerox Holdings Corp (XRXDW) |
| Form Type | 8-K |
| Filed Date | Jan 21, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1.00, $400,000, b, $400,000, $50,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, board-changes, officer-compensation
Related Tickers: XRX
TL;DR
Xerox board shake-up: Visentin out, Morelli & Smith in. Officer pay details also filed.
AI Summary
On January 17, 2025, Xerox Holdings Corp. filed an 8-K report detailing the departure of Director John Visentin and the election of new directors, including Joseph Morelli and Steven J. Smith. The filing also addresses compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters such as director changes and compensation disclosures, which typically carry low inherent risk.
Key Players & Entities
- Xerox Holdings Corp. (company) — Filer of the 8-K report
- John Visentin (person) — Departing Director
- Joseph Morelli (person) — Newly Elected Director
- Steven J. Smith (person) — Newly Elected Director
- 201 MERRITT 7 (location) — Xerox's business and mailing address
- NORWALK, CT (location) — Xerox's business and mailing address city and state
FAQ
Who has departed from the Xerox Holdings Corp. Board of Directors?
John Visentin has departed from the Xerox Holdings Corp. Board of Directors as of January 17, 2025.
Who has been elected to the Xerox Holdings Corp. Board of Directors?
Joseph Morelli and Steven J. Smith have been elected to the Xerox Holdings Corp. Board of Directors.
What is the filing date of this 8-K report?
This 8-K report was filed on January 21, 2025, with the period of report being January 17, 2025.
What are the primary items covered in this 8-K filing?
This filing covers the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is the business address of Xerox Holdings Corp.?
The business address of Xerox Holdings Corp. is 201 Merritt 7, Norwalk, CT 06851.
Filing Stats: 948 words · 4 min read · ~3 pages · Grade level 12.6 · Accepted 2025-01-17 18:18:41
Key Financial Figures
- $1.00 — erox Holdings Corporation Common Stock, $1.00 par value XRX Nasdaq Global Select
- $400,000, b — y will receive an annual base salary of $400,000, be eligible to receive an annual bonus ta
- $400,000 — with a target grant date fair value of $400,000, and eligible for additional LTI awards
- $50,000 — ey will also receive a signing bonus of $50,000, payable within 30 days after his start
Filing Documents
- d890502d8k.htm (8-K) — 39KB
- g890502g0118021627228.jpg (GRAPHIC) — 2KB
- 0001193125-25-008605.txt ( ) — 199KB
- xrx-20250117.xsd (EX-101.SCH) — 5KB
- xrx-20250117_cal.xml (EX-101.CAL) — 1KB
- xrx-20250117_def.xml (EX-101.DEF) — 13KB
- xrx-20250117_lab.xml (EX-101.LAB) — 21KB
- xrx-20250117_pre.xml (EX-101.PRE) — 13KB
- d890502d8k_htm.xml (XML) — 5KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (formatted as Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. The signatures for each undersigned shall be deemed to relate only to matters having reference to such company and its subsidiaries. XEROX HOLDINGS CORPORATION Date: January 17, 2025 By: /s/ Flor M. Coln Name: Flor M. Coln Title: Secretary XEROX CORPORATION Date: January 17, 2025 By: /s/ Flor M. Coln Name: Flor M. Coln Title: Secretary