Xerox Holdings CORP 8-K filings

Xerox has announced the retirement of its CFO, Xavier Heiss, effective January 31, 2025, and the appointment of Mirlanda Gecaj as his successor, effective February 1, 2025.

Xerox's second-quarter results show sequential improvements in operating income margin and cash flow, but the company lowered its full-year revenue and profit guidance due to strategic actions and higher costs.

Xerox Corporation and its parent company, Xerox Holdings Corporation, have increased their credit facility by $125 million and amended certain covenant thresholds.

Xerox Holdings Corporation's shareholders approved a new equity and performance incentive plan and elected all director nominees at their annual meeting on May 22, 2024.

Xerox's first quarter of 2024 saw a significant revenue drop and a net loss, as the company implemented major operational changes as part of its Reinvention program.

Xerox Holdings Corporation finalized a $500 million senior notes offering to refinance existing debt and cover related expenses.

Xerox has amended its Officer Severance Program, extending the termination date to December 31, 2026, and adding 'termination for good reason' as a payment trigger for the CEO and President/COO.

Xerox Holdings Corporation has completed a private offering of $350 million in convertible senior notes due 2030, with an option for an additional $50 million.

Xerox's Q4 2023 results show a revenue decline but improved free cash flow, with the company guiding for further adjusted operating income growth in 2024.

Joanne Collins Smee, Executive Vice President and President, Americas, has departed from Xerox, receiving a severance package including cash payments, continued benefits, and pro-rata vesting of equity awards.