Burns to succeed Mulcahy at Xerox

Anne Mulcahy, CEO of Xerox, will be retiring this July and she has chosen the company's president, Ursula Burns, as her successor. Together, Burns and Mulcahy worked together to save Xerox from financial ruin.  In an article for Forbes, Heidi Brown explains that this succession is significant because: "[it] marks two firsts: the transition of power from one woman to another at a large public company, and the first to be run by a black woman."  

To read Heidi Brown's article, see: Burns Succeeds Mulcahy At Xerox In First Big Woman-to-Woman CEO Transition

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Image from rochesterhomepage.com: Xerox CEO on Obama's Economic Transition Team (by WROC-TV)