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Xerox Announces CFO Xavier Heiss to Retire in 2025

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Xerox (XRX) has announced that CFO Xavier Heiss will retire on February 1, 2025, after over 30 years with the company. Heiss, who has been CFO since 2021, will be succeeded by Mirlanda Gecaj, the current vice president and chief accounting officer. Gecaj joined Xerox in 2022 and has been instrumental in enhancing the company's financial operations and reporting.

CEO Steve Bandrowczak praised Heiss's contributions to Xerox's transformation and expressed confidence in Gecaj's ability to lead the company's financial strategy. Gecaj's background includes experience in business transformation at global technology companies, focusing on innovation and efficiency. During her time at Xerox, she has implemented financial process standardization and automation, resulting in significant cost savings.

Xerox (XRX) ha annunciato che il CFO Xavier Heiss si ritirerà il 1 febbraio 2025, dopo oltre 30 anni in azienda. Heiss, che è CFO dal 2021, sarà succeduto da Mirlanda Gecaj, attuale vicepresidente e responsabile della contabilità. Gecaj è entrata in Xerox nel 2022 e ha avuto un ruolo fondamentale nel migliorare le operazioni finanziarie e la rendicontazione dell'azienda.

Il CEO Steve Bandrowczak ha lodato i contributi di Heiss alla trasformazione di Xerox e ha espresso fiducia nella capacità di Gecaj di guidare la strategia finanziaria dell'azienda. Il background di Gecaj include esperienze nella trasformazione aziendale in aziende tecnologiche globali, focalizzandosi su innovazione ed efficienza. Durante il suo periodo in Xerox, ha implementato la standardizzazione e l'automazione dei processi finanziari, portando a significativi risparmi sui costi.

Xerox (XRX) ha anunciado que el CFO Xavier Heiss se retirará el 1 de febrero de 2025, después de más de 30 años en la empresa. Heiss, que ha sido CFO desde 2021, será sucedido por Mirlanda Gecaj, actual vicepresidenta y directora de contabilidad. Gecaj se unió a Xerox en 2022 y ha sido fundamental en la mejora de las operaciones financieras y la presentación de informes de la empresa.

El CEO Steve Bandrowczak elogió las contribuciones de Heiss a la transformación de Xerox y expresó confianza en la capacidad de Gecaj para liderar la estrategia financiera de la empresa. La experiencia de Gecaj incluye su participación en la transformación de negocios en compañías tecnológicas globales, centrándose en la innovación y la eficiencia. Durante su tiempo en Xerox, implementó la estandarización y automatización de procesos financieros, lo que resultó en ahorros significativos de costos.

제록스(XRX)는 CFO 자비에르 하이스가 2025년 2월 1일 은퇴할 것이라고 발표했습니다. 하이스는 30년 이상 이 회사에 근무해 왔습니다. 하이스는 2021년부터 CFO를 맡아왔으며, 미를란다 게카이가 후임자가 될 예정입니다. 게카이는 현재 부사장이자 최고 회계 책임자입니다. 그녀는 2022년에 제록스에 합류하여 회사의 재무 운영 및 보고를 향상시키는 데 중요한 역할을 해왔습니다.

CEO 스티브 반드로우착은 하이스의 제록스 변화에 대한 기여를 높이 평가하며 게카이가 회사의 재무 전략을 이끌 수 있을 것이라는 자신감을 표명했습니다. 게카이는 글로벌 기술 기업에서 비즈니스 혁신 및 효율성에 중점을 두고 경험을 쌓아왔습니다. 제록스에서 그녀는 재무 프로세스의 표준화 및 자동화를 구현하여 상당한 비용 절감을 가져왔습니다.

Xerox (XRX) a annoncé que le CFO Xavier Heiss prendra sa retraite le 1er février 2025, après plus de 30 ans au sein de l'entreprise. Heiss, qui est CFO depuis 2021, sera remplacé par Mirlanda Gecaj, l'actuelle vice-présidente et directrice comptable. Gecaj a rejoint Xerox en 2022 et a joué un rôle clé dans l'amélioration des opérations financières et des rapports de l'entreprise.

Le PDG Steve Bandrowczak a loué les contributions de Heiss à la transformation de Xerox et a exprimé sa confiance dans la capacité de Gecaj à diriger la stratégie financière de l'entreprise. Le parcours de Gecaj comprend une expérience en transformation d'entreprise au sein de sociétés technologiques mondiales, en mettant l'accent sur l'innovation et l'efficacité. Pendant son temps chez Xerox, elle a mis en œuvre la standardisation et l'automatisation des processus financiers, entraînant des économies de coûts significatives.

Xerox (XRX) hat angekündigt, dass der CFO Xavier Heiss am 1. Februar 2025 in den Ruhestand gehen wird, nachdem er über 30 Jahre im Unternehmen tätig war. Heiss, der seit 2021 CFO ist, wird von Mirlanda Gecaj, der derzeitigen Vizepräsidentin und Chief Accounting Officer, abgelöst. Gecaj trat 2022 bei Xerox ein und spielte eine entscheidende Rolle bei der Verbesserung der finanziellen Abläufe und der Berichterstattung des Unternehmens.

CEO Steve Bandrowczak lobte Heiss' Beiträge zur Transformation von Xerox und äußerte Vertrauen in Gecajs Fähigkeit, die finanzielle Strategie des Unternehmens zu leiten. Gecajs Hintergrund umfasst Erfahrungen in der Geschäftstransformation bei globalen Technologieunternehmen, mit Schwerpunkt auf Innovation und Effizienz. Während ihrer Zeit bei Xerox hat sie die Standardisierung und Automatisierung finanzieller Prozesse umgesetzt, was zu erheblichen Kosteneinsparungen geführt hat.

Positive
  • Smooth leadership transition with a successor already appointed
  • New CFO Mirlanda Gecaj has experience in business transformation and efficiency improvements
  • Gecaj has already implemented cost-saving measures at Xerox
Negative
  • Loss of long-term CFO Xavier Heiss with over 30 years of company experience

Company chief accounting officer Mirlanda Gecaj appointed as successor

NORWALK, Conn.--(BUSINESS WIRE)-- Xerox today announced that after over 30 years with the company, Xavier Heiss has decided to retire, effective Feb. 1, 2025. Heiss has served as Chief Financial Officer since 2021.

“Xavier has been a driving force behind many of the transformative initiatives that have reshaped our company, leading us through critical phases of Reinvention and setting us on a path of sustainable growth,” said Steve Bandrowczak, chief executive officer at Xerox. “I want to express my deepest gratitude to Xavier for his exceptional service to Xerox over the past three decades, and I wish him well in retirement next year.”

Mirlanda Gecaj, vice president and chief accounting officer at Xerox, will serve as Heiss’s successor beginning Feb. 1, 2025. Gecaj joined the company in 2022 and has leveraged her extensive experience in accounting, finance, internal audit, and shared services to enhance Xerox’s financial operations and reporting over the past three years.

Bandrowczak added, “I’m proud to welcome Mirlanda Gecaj as our new CFO, a decision that reflects the strength of our talent pool and the effectiveness of our succession planning. She is the ideal leader to step into this crucial role and will continue to help evolve our culture, achieve our financial goals, and drive success for our clients.”

Gecaj’s record of leading business transformation strategy across global technology companies, including PricewaterhouseCoopers and Element Solutions Inc., positions her well to lead the next phase of growth at Xerox. Her career has largely focused on innovation and efficiency, enabling businesses to reconstruct processes and technology while incorporating new ways of working with improved speed and agility. During her tenure at Xerox, Gecaj has been mentored by Heiss and worked to implement financial process standardization and automation resulting in significant cost savings and improved outcomes.

“I am honored to step into the role of CFO at such a pivotal time for Xerox,” said Gecaj. “As a senior leadership team member, I’ve been deeply involved in driving the company’s Reinvention, operational simplification, and strategic repositioning efforts. I look forward to continuing this work in my new role, ensuring that we enable sustainable growth in profit and free cash flow while staying true to our core values and long-term vision.”

About Xerox Holdings Corporation (NASDAQ: XRX)
For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to sustainably power the hybrid workplace of today and tomorrow. Today, Xerox is continuing its legacy of innovation to deliver client-centric and digitally-driven technology solutions and meet the needs of today’s global, distributed workforce. From the office to industrial environments, our differentiated business and technology offerings and financial services are essential workplace technology solutions that drive success for our clients. At Xerox, we make work, work. Learn more at www.xerox.com and explore our commitment to diversity and inclusion.

Note: To receive RSS news feeds, visit https://www.news.xerox.com. For open commentary, industry perspectives and views, visit http://www.linkedin.com/company/xerox or http://www.youtube.com/XeroxCorp. © Xerox Corporation. Xerox ®, ConnectKey ®, and AltaLink ® are trademarks of Xerox in the United States and/or other countries.

Justin Capella, Xerox, +1-203-258-6535, Justin.Capella@xerox.com

Source: Xerox Holdings Corporation

FAQ

When will Xerox CFO Xavier Heiss retire?

Xavier Heiss will retire from Xerox (XRX) on February 1, 2025.

Who will succeed Xavier Heiss as CFO of Xerox (XRX)?

Mirlanda Gecaj, the current vice president and chief accounting officer, will succeed Xavier Heiss as CFO of Xerox (XRX) on February 1, 2025.

What experience does Mirlanda Gecaj bring to the CFO role at Xerox (XRX)?

Mirlanda Gecaj brings experience in accounting, finance, internal audit, and shared services, as well as a background in business transformation strategy at global technology companies like PricewaterhouseCoopers and Element Solutions Inc.

What improvements has Mirlanda Gecaj implemented at Xerox (XRX) since joining in 2022?

Since joining Xerox (XRX) in 2022, Mirlanda Gecaj has implemented financial process standardization and automation, resulting in significant cost savings and improved outcomes.

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