Xerox CFO Kathryn Mikells To Step Down - Quick Facts

(RTTNews) - Xerox Corp. (XRX) announced that Chief Financial Officer or CFO Kathryn Mikells is stepping down to pursue another professional opportunity. Mikells will remain with Xerox until Oct. 31, 2015 in order to ensure a smooth transition of responsibilities.

The company said it will immediately commence an external search process. Leslie Varon, vice president of Investor Relations, will serve as interim chief financial officer until a permanent successor is named.

"As part of the leadership team, Kathy has helped bring additional focus to the execution of our strategic priorities and attract new talent to the company while ensuring disciplined financial management," said Ursula Burns, Xerox chairman and chief executive officer. "On behalf of the company, I thank Kathy for her contributions and wish her all the best in her future endeavors."