HP reports supplies revenues down 7%

HP reports supplies revenues down 7%

HP Inc. and its subsidiaries announced fiscal 2020 first quarter net revenue of $14.6 billion (€13.46 billion), down 0.6% from the prior-year period. HP reports that Personal Systems net revenue was up 2% year-over-year with a 6.7% operating margin. Commercial net...
Xerox appoints Xavier Heiss EVP

Xerox appoints Xavier Heiss EVP

Xerox Holdings Corporation announced the appointment of Xavier Heiss as Executive Vice President (EVP) and President of EMEA Operations effective 29 February 2020. In his new role he will report to John Visentin, Vice Chairman and CEO of Xerox. “Xavier has an...
HP fights back

HP fights back

The Board of Directors of HP Inc. adopted a shareholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of HP common stock. The Board adopted the rights plan following the announcement by Xerox Holdings...
FTG appoints new CFO

FTG appoints new CFO

Experienced Financial Executive Karen Roscher joins Flex Technology Group’s Executive Management Team as new Chief Financial Officer (CFO). Flex Technology Group (FTG) revealed the newest addition to its executive leadership team. Karen Roscher will join FTG as the...
Another new VP for Xerox

Another new VP for Xerox

Xerox has named Mary McHugh as Executive Vice President, Chief Delivery and Supply Chain Officer. Xerox Holdings Corporation announced the appointment of Mary McHugh as Executive Vice President and Chief Delivery and Supply Chain Officer. In her new role, she will...