Xerox Holdings Corporation (NASDAQ: XRX) has announced the appointment of Chuck Butler as its new Chief Financial Officer (CFO), effective December 3, 2025. This move comes as part of the company's ongoing evolution in leadership to better align with its strategic priorities. Butler's appointment follows the mutual decision for Mirlanda Gecaj to step down from her role, with her last day being December 2, 2025.

In announcing these changes, Steve Bandrowczak, CEO of Xerox, expressed gratitude for Gecaj's contributions during a significant period of transformation for the company. "Mirlanda has played a meaningful role in guiding the company through an important period of transformation," Bandrowczak stated, emphasizing the valuable leadership Gecaj provided.

2. Chuck Butler: A Proven Leader in Financial Management

Chuck Butler arrives at Xerox with a wealth of financial and operational experience. Prior to this new role, he served as Senior Vice President and CFO at Lexmark, a position he held until its acquisition by Xerox in July 2025. His previous experience at Lexmark equips him with a unique understanding of both the challenges and opportunities Xerox faces in the current market landscape.

"Chuck is a trusted leader with deep expertise and a strong record of driving operational excellence," said Bandrowczak, highlighting Butler's capabilities in managing large-scale organizational changes. As part of his new role, Butler will also maintain leadership of the Global Business Services organization—an indication of Xerox's commitment to operational integration and performance enhancement.

3. Strategic Focus on Operational Excellence

Butler's appointment underscores Xerox's commitment to reinforce its leadership team and drive operational performance while delivering long-term value to clients, employees, and shareholders. Bandrowczak noted that Butler's experience and focus on empowering teams will be invaluable as the company continues to execute its "Reinvention" strategy—a comprehensive initiative aimed at adapting and thriving in a rapidly evolving business environment.

The announcement of Butler's appointment comes at a time when many companies, including Xerox, are navigating a complex economic landscape marked by inflation, supply chain disruptions, and changing customer preferences. The new CFO's expertise will be critical as Xerox seeks to strengthen its market position and innovate its service offerings.

4. Looking Ahead: The Path of Reinvention

As Xerox embarks on this new chapter with Chuck Butler at the financial helm, the company's leadership is clearly focused on not only addressing immediate operational challenges but also on positioning the company for sustainable growth. The integration of Lexmark's operations post-acquisition is expected to play a significant role in shaping the future of Xerox, allowing for an expanded portfolio of workplace technologies and services.

With a legacy of innovation spanning over a century, Xerox is committed to redefining the workplace experience through advanced print, digital, and AI-driven technologies. As the company continues to adapt to the demands of a global, distributed workforce, Butler's leadership will be pivotal in navigating the complexities of this transformation.

As Xerox moves forward, stakeholders will be keenly watching how Butler's appointment influences the company's strategic initiatives and overall operational performance in the coming years.

Original press release