Xerox announced that William Osbourn, its chief financial officer and executive vice president for the last three-plus years, is leaving the company for personal reasons.
Taking over for Osbourn on an interim basis on Sept. 30 as chief financial officer is Xavier Heiss, a 32-year Xerox veteran. Heiss is expected to stay in that role while the Norwalk, Conn.-based company conducts an internal and external search for a permanent successor.
Osbourn was a Xerox mainstay during a time of massive change as the company split into two, managed to avoid being taken over by former partner Fujifilm, and tried doing a hostile takeover of Hewlett Packard. Osbourn joined Xerox in early December of 2016 just prior to the move by Xerox on December 31, 2016 to split into two publicly-traded companies, Xerox and Conduent.