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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.

 
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Joseph F. Kovar

Joseph F. Kovar is a senior editor and reporter for the storage and the non-tech-focused channel beats for CRN. He keeps readers abreast of the latest issues related to such areas as data life-cycle, business continuity and disaster recovery, and data centers, along with related services and software, while highlighting some of the key trends that impact the IT channel overall. He can be reached at jkovar@thechannelcompany.com.

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