Xerox Holdings Corp current report, 16 May 2022

Xerox Holdings Corporation — Form 8-K Summary

Business Context and Reporting Period

Current Report on Form 8-K filed May 16, 2022, by Xerox Holdings Corporation and Xerox Corporation under Item 5.02. The filing reports executive retirement and the appointment of a principal accounting officer. It does not provide operating or financial results for a reporting period.

Key Financial Metrics and Liquidity

The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, or other financial metrics.

Material Changes

  • Michael D. Feldman, Executive Vice President and President of Americas Operations and Global Document Services, will retire effective June 3, 2022.
  • The filing states that Mr. Feldman’s retirement is not due to any disagreement with the Company.
  • Joseph H. Mancini, Jr., the former Vice President and Chief Accounting Officer and Principal Accounting Officer, retired effective May 6, 2022, as previously reported.
  • Mirlanda Gecaj was appointed Vice President and Chief Accounting Officer and Principal Accounting Officer effective May 16, 2022.

Management Commentary, Risks, and Unusual Items

Ms. Gecaj, age 48, joined Xerox from Element Solutions Inc., where she held senior global shared-services and internal-audit roles. She previously worked at PricewaterhouseCoopers and is a certified public accountant licensed in New York and Connecticut.

The filing reports no family relationships between Ms. Gecaj and any director, director nominee, or executive officer, and no transaction involving her that would be reportable under Item 404(a) of Regulation S-K. No guidance, outlook, contingencies, or other unusual items are disclosed.

Investor Verification Items

  • Confirm the effective date and scope of Mr. Feldman’s retirement and any resulting leadership changes.
  • Monitor Ms. Gecaj’s transition into the principal accounting officer role following the recent retirement of Mr. Mancini.
  • Review subsequent filings for any changes to executive responsibilities, compensation, or internal-control reporting.
  • Refer to Xerox’s periodic financial filings for financial performance, debt, liquidity, and outlook information not included in this 8-K.