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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.
1. Giovanni “John” Visentin, Former CEO
Visentin, who led Xerox during a time of great change in the company including its flirtations with possible mergers and acquisitions with rivals HP and Fuji, passed away June 28, 2022 due to complications caused by an ongoing illness. Details of the illness were not released. He was 59 years old. He joined Xerox as vice chairman and CEO in May 2018.
For the half-year that Visentin served as CEO on 2022, he received a base salary of $1.2 million, along with a 150-percent performance-based compensation worth $1.8 million. With his E-LTIP stock incentives of $10.0 million, he was Xerox’s highest-compensated named executive officer in 2022 with total compensation of $13 million.