Press Release

Xerox Announces Organization Changes to Support Plans for New Businesses – Odessa American

Xerox Holdings Corporation(NYSE: XRX), a global workplace technology company, announced organizational changes to support plans to create three new businesses – Software, Financing and Innovation – aimed at delivering long-term growth in 2021 and beyond.

Nicole Torraco has been promoted to senior vice president, Xerox Financial Services (XFS), to lead Xerox’s financing business, reporting directly to Visentin.

Torraco previously served as chief strategy and M&A officer.

The business will bring together Xerox’s expanding capabilities to better support clients’ digital needs.

In addition to overseeing Xerox’s legal organization, Pastor will lead a new Corporate Development group responsible for sourcing, evaluating, and executing M&A opportunities and venture investments, including the company’s recently announced $250 million corporate venture capital fund.

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