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Ursula Burns

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Salary
  
US$18.7 million (2014)

Name
  
Ursula Burns


Spouse
  
Lloyd Bean (m. 1988)

Political party
  
Democratic Party

Ursula Burns Ursula Burns CEO Xerox Corporation MAKERS Video

Born
  
September 20, 1958 (age 65) (
1958-09-20
)
New York City, New York, U.S.

Alma mater
  
New York UniversityColumbia University

Occupation
  
Chairman and CEO of Xerox

Education
  
Similar People
  
Anne M Mulcahy, Ginni Rometty, Indra Nooyi, Kenneth I Chenault, Irene Rosenfeld

Profile ursula burns ceo and chairman xerox corporation


Ursula M. Burns (born September 20, 1958) is an American business leader who has been Chairwoman of Xerox since 2010, and was Xerox CEO from 2009 to 2016. Burns was the first African-American woman CEO to head a Fortune 500 company. She is also the first woman to succeed another woman as head of a Fortune 500 company, having succeeded Anne Mulcahy as CEO of Xerox. In 2014, Forbes rated her the 22nd most powerful woman in the world.

Contents

Ursula Burns The Makers Xerox CEO Ursula Burns Tells Her Story

Ursula burns are leaders born or made


Early life

Ursula Burns An Evening with Ursula Burns WXXI

Burns was raised by a single mother in the Baruch Houses, a New York city housing project. Both of her parents were Panamanian immigrants. She attended Cathedral High School (New York City), a Catholic all-girls school on East 56th Street in New York. She went on to obtain a bachelor of science degree in Mechanical Engineering from New York University Tandon School of Engineering (then Brooklyn Polytechnic) in 1980 and a master of science in Mechanical Engineering from Columbia University a year later.

Career at Xerox

Ursula Burns Ursula Burns Wikipedia the free encyclopedia

In 1980, Burns first worked for Xerox as a summer intern, permanently joining a year later, in 1981, after completing her master's degree. She worked in various roles in product development and planning in the remainder of the 1980s throughout her 20s.

Ursula Burns mediadpublicbroadcastingnetpwxxifilesBurns

In January 1990, her career took an unexpected turn when Wayland Hicks, then a senior executive, offered Burns a job as his executive assistant. She accepted and worked for him for roughly nine months when she was ready to go back home because she was about to be married to Lloyd Bean. In June 1991, she then became executive assistant to chairman and chief executive Paul Allaire. In 1999, she was named vice president for global manufacturing.

Ursula Burns Xerox Corporation CEO Ursula Burns to Address University

In May 2000, Burns was named senior vice president of corporate strategic services and began working closely with soon to be CEO Anne Mulcahy, in what both women have described as a true partnership. Two years later, Burns became president of business group operations. Then in 2007, Burns assumed the role of president of Xerox. In July 2009, she was named CEO, succeeding Mulcahy, who remained as chairman until May 2010.

In addition to the Xerox board, she is a board director of the American Express Corporation, Exxon Mobil Corporation and Datto Inc. Burns also provides leadership counsel to community, educational and non-profit organizations including FIRST (For Inspiration and Recognition of Science and Technology), National Academy Foundation, MIT, and the U.S. Olympic Committee, among others. She is a founding board director of Change the Equation, which focuses on improving the U.S.'s education system in science, technology, engineering and math (STEM). U.S. President Barack Obama appointed Burns to help lead the White House National program on STEM and in 2009 and in March 2010 appointed Burns as vice chair of the President's Export Council.

In December 2016, Burns stepped down as CEO while retaining the title of Chairwoman. Jeff Jacobson was named CEO.

Community activities

Burns has served on numerous professional and community boards, including Exxon Mobil Corporation, American Express, Boston Scientific, FIRST, National Association of Manufacturers, University of Rochester, the MIT Corporation, the Rochester Business Alliance, and the RUMP Group. She had been serving as Vice Chairwoman of the Executive Committee of The Business Council between 2013 and 2014. In addition, she is also among the founding Board Directors of Change the Equation, which is an organization that focuses on improving STEM-based education in the United States.

She was the Commencement speaker at MIT's 2011 Commencement, which was also the conclusion of MIT's 150th anniversary celebration. She delivered the 2011 Commencement address at the University of Rochester. She was the 2012 Commencement speaker for Xavier University of Louisiana's May 12 Commencement ceremony, where she also received an honorary degree, one of the institution's highest honors.

Media

Burns made headlines in 2009 when she became the first black-American woman CEO of a Fortune 500 company. Burns has been exceptionally visible during her tenure, making frequent public appearances.

Burns pushed for the $6.4 billion acquisition of Affiliated Computer Services that closed in 2010, though Xerox Corp. (NYSE: XRX) has yet to see any substantial benefit from the deal. Late in 2013, the company called the police prior to announcing 168 layoffs at its Cary, N.C., facility, noting they "were expecting trouble." It was the second round of a total of roughly 500 layoffs.

Burns has been awarded an average of $13 million a year between 2010 and 2012. One former employee, commenting on Glassdoor, said, "Most upper management have received salary increase over the last 6 years, but staff has not."

She has been listed multiple times by Forbes as one of the 100 most powerful women in the world. In 2015, she was listed as the 29th.

Personal life

Burns married Lloyd Bean, who also worked at Xerox, and she resides in Manhattan, New York. She has a daughter Melissa (born c. 1992) and a stepson Malcolm (born c. 1989) who attended MIT.

References

Ursula Burns Wikipedia


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