Xerox (XRX) CEO Resignation; Pastor Promoted to President Aug 11

Xerox Holdings Corporation (XRX) disclosed on August 11, 2025 that Mr. Bruno resigned and Mr. Pastor was promoted to President and Chief Operating Officer.

Rhea-AI Filing Summary

Xerox Holdings Corporation (XRX) disclosed on August 11, 2025 that Mr. Bruno resigned and Mr. Pastor was promoted to President and Chief Operating Officer. The company attached a press release as Exhibit 99.1 and stated the Item 7.01 disclosures and exhibits are incorporated by reference but are not being "filed" under Section 18 of the Exchange Act.

The document includes company signatures dated August 15, 2025 by Flor M. Colón in her role as Secretary for both Xerox Holdings Corporation and Xerox Corporation. There are no financial results, transaction details, or additional operational disclosures in this filing.

Positive

• Internal promotion to President and COO suggests continuity in executive leadership
• Formal disclosure via an 8-K and press release provides transparency on management change

Negative

• Unexpected resignation of Mr. Bruno may introduce short-term uncertainty
• No financial or strategic details were included, so investor impact is unclear

Insights

Corporate Governance Analyst

Leadership change signals immediate operational continuity.

The filing reports a resignation and a same-company promotion to President and Chief Operating Officer, which typically preserves executive continuity by elevating an internal leader familiar with operations. The promotion is documented by an attached press release incorporated as Exhibit 99.1.

This change reduces near-term vacancy risk but creates a governance item to monitor, such as any subsequent senior-team reshuffle; review proxy materials and subsequent 8-Ks or press releases over the next 30-90 days for follow-up appointments or role adjustments.

Investor Relations Specialist

Announcement is procedural with limited direct financial detail.

The 8-K provides names, roles, and dates but contains no financial metrics, guidance, or material transactions tied to the leadership change. The filing specifically notes the press release is "incorporated by reference" and not "filed" under Section 18.

Investors should watch for any forthcoming communication that links the leadership change to strategy, cost plans, or guidance in the next quarter, since this filing alone supplies no quantitative impact.

8-K Event Classification

Item 7.01 — Regulation FD Disclosure

1 item

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

FAQ

What did Xerox (XRX) disclose in the August 11, 2025 8-K?

The company disclosed Mr. Bruno's resignation and Mr. Pastor's promotion to President and Chief Operating Officer, and attached a press release as Exhibit 99.1.

Is the attached press release in the 8-K considered "filed"?

No. The filing states the information and exhibits are incorporated by reference but shall not be deemed "filed" for purposes of Section 18 of the Exchange Act.

Who signed the 8-K for Xerox and when?

The document is signed by Flor M. Colón as Secretary for both Xerox Holdings Corporation and Xerox Corporation, dated August 15, 2025.

Does the 8-K include financial results or material transactions?

No. The 8-K contains only the resignation and promotion notice and the press release; it does not include financial tables, transaction details, or earnings data.

What should investors look for next after this 8-K?

Investors may watch for subsequent filings or press releases over the next 30-90 days for any strategic commentary, role changes, or financial implications tied to the leadership change.

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

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/15/2025 - 04:39 PM Learn about SEC filing dates

false00017704500000108772 0001770450 2025-08-11 2025-08-11 0001770450 xrx:XeroxCorporationMember 2025-08-11 2025-08-11

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): August 11, 2025

XEROX HOLDINGS CORPORATION

XEROX CORPORATION

(Exact name of registrant as specified in its charter)

New York		001-39013		83-3933743
New York		001-04471		16-0468020
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

401 Merritt 7

Norwalk, Connecticut

06851-1056

(Address of principal executive offices) (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 (see General Instruction A.2. below):

☐ 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		Name of each exchange on which registered
Xerox Holdings Corporation Common Stock, $1.00 par value		XRX		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).

Xerox Holdings Corporation				Xerox Corporation
Emerging growth company		☐		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.

Xerox Holdings Corporation ☐ Xerox Corporation ☐

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

On August 11, 2025, Xerox Holdings Corporation (“Xerox Holdings”) and Xerox Corporation (“Xerox Corp” and, together with Xerox Holdings, the “Company”) announced that John Bruno will cease to serve as President and Chief Operating Officer of the Company as of August 31, 2025 (the “Separation Date”). Mr. Bruno will continue to serve as a member of the Company’s board of directors (the “Board”) and will chair an Integration Committee to be newly formed by the Board.

Effective as of September 1, 2025, Louie Pastor, the Company’s Chief Administrative Officer & Global Head of Operations, will serve as President and Chief Operating Officer of the Company. No changes to Mr. Pastor’s compensation are being made at this time in connection with his change in title.

On August 14, 2025, Xerox Corp entered into a General Release and Non-Competition Agreement (the “Release Agreement”) with Mr. Bruno. Pursuant to the Release Agreement, in exchange for a release of claims in favor of the Company and its affiliates, Mr. Bruno will be entitled to continued vesting of all outstanding time-based restricted stock units held by him as of the Separation Date in accordance with their original terms for so long as he continues to serve as both a member of the Board and, following the Separation Date, serves as chair of a newly formed Integration Committee of the Board. The Release Agreement also subjects Mr. Bruno to customary non-disparagement obligations, as well as non-competition and non-solicitation covenants that will apply for 24 months following the Separation Date and a general cooperation covenant that survives for 36 months following the Separation Date. The foregoing description of the Release Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Release Agreement, a copy of which is attached hereto as an exhibit.

- 2 -

Item 7.01 Regulation FD Disclosure

On August 11, 2025, the Company issued a press release announcing Mr. Bruno’s resignation and Mr. Pastor’s promotion to President and Chief Operating Officer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

The information set forth in this Item 7.01 and the Exhibits incorporated by reference herein shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

- 3 -

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
10.1		General Release and Non-Competition Agreement between Xerox Corporation and John Bruno, dated August 14, 2025.
99.1		Press Release, Dated August 11, 2025, issued by Xerox Holdings Corporation

- 4 -

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: August 15, 2025				By:		/s/ Flor M. Colón
				Name:		Flor M. Colón
				Title:		Secretary
				XEROX CORPORATION
Date: August 15, 2025				By:		/s/ Flor M. Colón
				Name:		Flor M. Colón
				Title:		Secretary

- 5 -