Xerox has announced that Xerox Technology President Jeff Jacobson will become CEO of Xerox once the company splits into two separate corporations. Current CEO Ursula Burns will become Chair of the Board at that time.
Xerox is keeping the iconic name for its copier, printer and document technology business. The new business outsourcing services division will be known as Conduent after the separation takes effect.
Jeff Jacobson has a background in the printing industry and joined Xerox four years ago.