Managed services News
Xerox’s 6 Most Highly Compensated Executives In 2022
Joseph F. Kovar
Xerox had a total of six named executive officers in 2022 who in total received compensation of over $38 million, including a CEO who was not the highest compensated of the group.
5. Louis J. Pastor, Executive Vice President, Chief Corporate Development Officer, and Chief Legal Officer
Pastor was named CDO and CLO in February of 2021 after joining the company in October of 2018 as general counsel. He currently leads corporate development activities, including the company’s mergers and acquisitions, corporate strategy, investor relations, public relations, and the company’s corporate venture capital fund. He also oversees all Xerox’s legal affairs as well as CareAR augmented reality service platform.
Pastor in 2022 received a base salary of $550,000, as well as a performance-based cash incentive of 100 percent of his salary, or $550,000. With the addition of his E-LTIP stock incentives of $1.9 million, Pastor’s total executive compensation for 2022 reached $3 million.