Bizarre twist at Xerox sees ousted CEO and directors remain in place

Tom Wright
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Bizarre twist at Xerox sees ousted CEO and directors remain in place

CEO and multiple directors were set to depart following agreement with activist investors, but this deal has 'expired' before being completed

Xerox CEO Jason Jacobson and six board members are to remain at the vendor, despite a deal being reached with activist investors that would have seen them depart. Following a power struggle between...

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