Sunday, May 24, 2009

Xerox welcomes Ursula Burns; the first African American Female CEO of a Fortune 500 company!

Xerox has named Ursula Burns as its new chief executive officer, making her the first African American woman to run a Fortune 500 company.

Burns will take over on July 1, 2009, replacing Anne Mulcahy.

The 50-year-old new boss worked her way up the corporate ladder from a summer internship in 1980 to the CEO position. She has also been a member of the board of directors since 2007.

After beginning as a mechanical engineering summer intern at Xerox, Burns went on to work for the company in product development and planning. From 1992 through 2000, she led several business teams including the office color and fax business and office network printing business. In 2000, she was named senior vice president, Corporate Strategic Services, heading up manufacturing and supply chain operations.

Burns led Xerox's global research and product development, marketing and delivery and in April 2007 was named president of Xerox, expanding her leadership to include the IT organization, corporate strategy, human resources, corporate marketing and global accounts.

A graduate of Polytechnic Institute of NYU, Burns also holds a master of science degree in mechanical engineering from Columbia University. She serves on several professional and community boards, including American Express, The National Center on Addiction and Substance Abuse at Columbia University, MIT, the U.S. Olympic Committee and the University of Rochester.

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