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Xerox accounting chief William Twomey plans to resign

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Form Type
8-K

Rhea-AI Filing Summary

Xerox Holdings Corp. (XRX) says William Twomey, vice president, chief accounting officer and principal accounting officer, informed the company on November 6, 2026, of his intention to resign effective November 30, 2026, to pursue other opportunities. Chuck Butler, the company’s chief financial officer and principal financial officer, will serve as interim principal accounting officer when Twomey’s employment ends while the company searches for a permanent replacement. Butler will continue in his existing finance roles.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
principal accounting officer technical
"interim principal accounting officer"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
principal financial officer technical
"chief financial officer and principal financial officer"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who will serve as Xerox (XRX)’s interim principal accounting officer?

Chuck Butler, the company’s chief financial officer and principal financial officer, will serve as interim principal accounting officer when William Twomey’s employment ends. The company is searching for a permanent replacement.

Why is William Twomey leaving Xerox (XRX)?

Twomey said he intends to resign effective November 30, 2026, to pursue other opportunities. Xerox said his decision was not the result of a disagreement over the company’s operations, policies or practices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM
8-K
 
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): November 6, 2026
 
 
XEROX HOLDINGS CORPORATION
XEROX CORPORATION
(Exact name of registrant as specified in its charter)
 
 
 
New York
New York
 
001-39013
001-04471
 
83-3933743
16-0468020
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
P.O. Box 4505, 401 Merritt 7
Norwalk, Connecticut 06851-1059
(Address of Principal Executive Offices, Including Zip Code)
(203)
849-5216
(Registrant’s Telephone Number, Including Area Code)
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
 
☐
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
 
☐
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
Xerox Holdings Corporation Common Stock, $1.00 Par Value
 
XRX
 
Nasdaq Global Select Market
Xerox Holdings Corporation Warrants to Purchase Common Stock, $1 par value
 
XRXDW
 
Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 6, 2026, William Twomey, Vice President, Chief Accounting Officer and principal accounting officer of Xerox Holdings Corporation (“Xerox Holdings”) and Xerox Corporation (“Xerox Corp” and, together with Xerox Holdings, the “Company”), informed the Company of his intention to resign effective November 30, 2026, to pursue other opportunities. Mr. Twomey’s decision to resign was not the result of any disagreement with the Company on any matter relating to its operations, policies or practices.

Chuck Butler, the Company’s Chief Financial Officer, will serve as interim principal accounting officer, effective upon Mr. Twomey’s last day of employment while a search for a permanent replacement is conducted. Mr. Butler will continue to serve as the Company’s Chief Financial Officer and principal financial officer. The biography required by Item 5.02(c)(2) of Form 8-K regarding Mr. Butler is included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 17, 2026, and is incorporated by reference herein.

There are no family relationships between Mr. Butler and any of the Company’s directors or executive officers, and there is no arrangement or understanding between Mr. Butler or any other person and the Company or any of its subsidiaries pursuant to which he was appointed as interim principal accounting officer. There are no transactions between Mr. Butler or any of his immediate family members and the Company or any of its subsidiaries that would be required to be reported under Item 404(a) of Regulation S-K.


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: November 12, 2026    By:   

/s/ Flor M. Colón

   Name:    Flor M. Colón
   Title:    Secretary
   XEROX CORPORATION
Date: November 12, 2026    By:   

/s/ Flor M. Colón

   Name:    Flor M. Colón
   Title:    Secretary

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