Latest news with #Xerox
Fast Company
4 days ago
- Business
- Fast Company
The leaders who shape us: A journey of influence and impact
Leadership is often described as a journey, but it is rarely a journey we walk alone. From our earliest experiences to the highest levels of executive responsibility, the leaders we become are profoundly shaped by the leaders we observe. Role models' and mentors' impact on leadership development is undeniable and transformative. Throughout my career leading Fortune 500 companies through times of growth, transformation, and uncertainty—from Coca-Cola to Hewlett-Packard to Xerox to Greif—one truth has remained consistent: We lead how we have learned. Whether those lessons come from extraordinary mentors who inspire us or from cautionary examples we vow never to repeat, they are the blueprint for how we show up for others. THE POWER OF POSITIVE ROLE MODELS Exceptional role models are often the unsung heroes of great leadership. They teach us not by lecturing or commanding, but by embodying the values, behaviors, and principles that make a difference. A true role model: Demonstrates integrity consistently Leads with humility and purpose Empowers others rather than overshadows them Listens as actively as they speak Stays calm and principled under pressure Early in my career at Xerox, I worked under a leader who demonstrated these qualities. She taught me that leadership was not about being the loudest voice, but about being the most consistent presence. She modeled how clear values could be the anchor during turbulence, and her empathy created an environment where ideas thrived and people grew. From her, I learned that leadership is not a title you wear, but a responsibility that you carry always. I learned a fundamental truth from role models like her: Great leaders plant seeds of greatness in others. They do not seek followers; they build more leaders. LEARNING FROM THE 'ANTI-MODELS' Interestingly, some of the most important leadership lessons come from what I call 'anti-models'—individuals whose behaviors, while perhaps unintentional, serve as vivid reminders of how not to lead. At one point in my career, I witnessed leadership that valued short-term wins over long-term trust. Decisions were made with little consultation in that environment, and fear often replaced inspiration. Observing this firsthand taught me that leadership without empathy is unsustainable and that fear cannot create lasting commitment. From these experiences, I made a promise to myself: No matter how challenging the business environment, I would lead with empathy, dignity, and unwavering respect for every individual. LEADERSHIP IS A CONSCIOUS CHOICE One of the most profound realizations I have had is that leadership is not inherited. Rather, it is a conscious, daily choice shaped by the role models we emulate. When I transitioned to Coca-Cola, the company was expanding its global footprint, and I intentionally modeled transparency and resilience. We faced massive change, and I knew I needed to demonstrate that change is not something to fear, but an opportunity to lead with courage. Later, at Hewlett-Packard, navigating a period of significant technological innovation and organizational transformation, I emphasized the importance of authentic and compassionate leadership. Self-awareness is critical. At every major inflection point, I have asked myself: Who am I modeling today? Am I channeling the humility and resilience of my best mentors? Am I rejecting the fear-driven patterns I once witnessed? Growth begins with gratitude for the good models and vigilance against repeating the mistakes of the bad ones. Today, one of the most inspiring aspects of leadership is realizing that we are someone else's role model. At Greif, as we navigated transformation and global challenges such as the COVID-19 pandemic, I understood deeply that every decision and every interaction mattered. Employees watched not just what I said but how I behaved: how I treated people during times of stress, celebrated quiet contributions, and showed up in moments of uncertainty. This knowledge humbles me. It reminds me that: Someone is learning courage by watching how we handle fear. Someone is learning fairness by observing how we allocate opportunity. Someone is learning resilience by seeing how we navigate setbacks. Leadership, then, is not just about achieving business results. It is about leaving a legacy of character, commitment, and community. THE CALL TO ACTION FOR LEADERS TODAY Leaders have an even greater responsibility to be intentional role models in an era of relentless change and uncertainty. We must: Model adaptability, not anxiety Model empathy, not entitlement Model inclusion, not insularity The world is not waiting for more powerful leaders. It is waiting for more human ones. We must recognize that leadership is less about commanding and authority, and more about authenticity and coaching. The leaders who will thrive in the 21st century inspire others to say, 'Because of you, I did not give up.' FINAL REFLECTION As I reflect on the leaders who shaped my journey—from the compassionate mentors at Xerox to the courageous visionaries at Coca-Cola and Hewlett-Packard to the resilient teams at Greif—I feel deep gratitude and a powerful sense of responsibility. Leadership is a living chain of influence, and we each have the power to strengthen or weaken it. Let us choose to strengthen it. Let us lead in ways that honor those who led us well, redeem the lessons of those who did not, and inspire others to one day lead even better than we did. Because leadership, at its core, is not about being remembered for what we achieved. It is about remembering how we made others feel—about themselves, their potential, and the future.
Yahoo
24-05-2025
- Business
- Yahoo
Why Xerox Plunged on Friday
Xerox announced a reduction in its dividend today. It's the second dividend cut since December 2024. The reason cited was "increased flexibility" ahead of Xerox's upcoming acquisition of Lexmark. 10 stocks we like better than Xerox › Shares of printer and services giant Xerox (NASDAQ: XRX) plunged 13.7% on Friday as of 1:30 p.m. ET, after the company announced a reduction in its dividend -- the second cut in the span of six months. The dividend cut isn't a great sign of confidence, but a positive, if there is one, is that the cut was made ahead of the closing of a large acquisition. So, it's probably prudent for Xerox to devote more cash to paying down acquisition debt, given current global economic uncertainty. Back in December 2024, Xerox announced the $1.5 billion acquisition of Lexmark International, an existing Xerox partner that provides innovative imaging solutions. Since Xerox is increasing its existing $3.3 billion debt load -- though just $1.7 billion outside of the debt that finances its equipment leases -- Xerox decided to cut its dividend, from $1 per share annually to $0.50. But today, Xerox informed shareholders it would be cutting the dividend again, to $0.10 annually, another 80% cut. The reasons, according to the company, were that the closing of the Lexmark acquisition will be happening sooner than expected, as well as the increased global uncertainty created by the Trump administration's tariff policy. Usually, a dividend cut is a very negative sign. While today's cut isn't exactly a positive, it's probably the right thing to do for Xerox. In addition, if Xerox successfully integrates Lexmark and begins de-levering successfully, the stock could have lots of upsides from here. According to Xerox's 2025 guidance given on May 1, the company projects low-single-digit revenue growth and a 5% adjusted operating margin this year. That would lead to roughly $315 million in operating income, which would amount to $90 million in pre-tax income, assuming the same $225 million in interest expenses the company had last year. Xerox's market cap has fallen to just $555 million today, reflecting a just a 6 to 7 times multiple on that guidance. Keep in mind that these numbers don't reflect the Lexmark acquisition, which will increase the debt but also contribute nearly $300 million in additional adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). So, if Xerox can successfully integrate Lexmark and begin paying down debt, today's sell-off could be an opportunity. However, the company's low growth prospects and debt load also make it somewhat risky. Still, investors who like these type of deep-value situations should put Xerox on their watch lists, and follow how successfully the company integrates Lexmark. Before you buy stock in Xerox, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Xerox wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $640,662!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $814,127!* Now, it's worth noting Stock Advisor's total average return is 963% — a market-crushing outperformance compared to 168% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Billy Duberstein and/or his clients have no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Xerox Plunged on Friday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-05-2025
- Business
- Yahoo
Xerox Holdings Corporation (XRX) Cuts Dividend Again, Now Down to $0.025
Xerox Holdings Corporation (NASDAQ:XRX) announced that its Board of Directors has updated its dividend policy ahead of completing the Lexmark acquisition, lowering the quarterly dividend to $0.025 per share, which amounts to $0.10 annually. Based in Connecticut, Xerox Holdings Corporation (NASDAQ:XRX) specializes in creating and manufacturing print and digital document products, along with providing related services. In December 2024, Xerox Holdings Corporation (NASDAQ:XRX) had already announced a dividend cut tied to the Lexmark deal, focusing on paying down debt once the acquisition is finalized. Since then, rising yields on Xerox's publicly traded debt have increased its borrowing costs, making debt reduction even more important. In addition, the anticipated earlier closing of the Lexmark acquisition and ongoing tariff and trade uncertainties have made maintaining financial flexibility a top priority. Mirlanda Gecaj, chief financial officer, made the following comment about the recent development: 'Consistent with our previously stated capital allocation priorities to reduce leverage post-closing, we believe reducing our dividend creates greater financial flexibility to deploy cash in the most accretive manner. The dividend remains an important component of our capital allocation policy as we continue to optimize our allocation framework ahead of the Lexmark acquisition close.' XRX has a dividend yield of 11.12%, as of May 23, and the stock has declined by over 45% since the start of 2025. While we acknowledge the potential of XRX as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than XRX but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Xerox cuts quarterly dividend to 2.5c per share from 12.5c
Xerox (XRX) 'announced that its Board of Directors approved an update to its dividend policy in anticipation of the closing of the Lexmark transaction, reducing the quarterly dividend to $0.025 per share. Accordingly, Xerox announced the declaration of a quarterly dividend of $0.025 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on July 31, 2025, to shareholders of record on June 30, 2025. In December 2024, Xerox announced a reduction to its dividend in conjunction with the planned acquisition of Lexmark, reflecting the prioritization of debt repayment following acquisition close. Since then, yields on Xerox publicly traded debt have risen, resulting in an increased cost of capital and placing greater value on the reduction of debt. Further, an acceleration in the expected timing of the Lexmark transaction close and ongoing tariff and trade-related volatility have put a premium on flexibility.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on XRX: Disclaimer & DisclosureReport an Issue Xerox Reports Q1 2025 Earnings Amid IT Growth Xerox Earnings Call: Growth Amidst Challenges High Yields in Hard Times: Why XRX, ARCC, and ET Deserve Investor Attention Xerox Reports Q1 2025 Earnings with Focus on Non-GAAP Measures Xerox reports Q1 adjusted EPS (6c) vs. 6c last year Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Why Xerox (XRX) Shares Are Falling Today
Shares of document technology company Xerox (NASDAQ:XRX) fell 15.9% in the afternoon session after the company announced a reduction in its quarterly dividend to $0.025 per share, or $0.10 annually, to improve its balance sheet and ensure sufficient capital is available to finalize its acquisition of Lexmark. Despite the dividend cut, the company offered a positive outlook. It reaffirmed its 2025 financial guidance, signaling confidence in the business. Management also anticipated that the Lexmark acquisition would contribute to adjusted earnings per share and free cash flow, indicating that the deal is expected to strengthen profitability and liquidity. Additionally, the company projected at least $238 million in cost and revenue synergies from the acquisition, achievable within two years. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Xerox? Access our full analysis report here, it's free. Xerox's shares are very volatile and have had 28 moves greater than 5% over the last year. But moves this big are rare even for Xerox and indicate this news significantly impacted the market's perception of the business. Xerox is down 46.5% since the beginning of the year, and at $4.42 per share, it is trading 69.5% below its 52-week high of $14.48 from June 2024. Investors who bought $1,000 worth of Xerox's shares 5 years ago would now be looking at an investment worth $253.30. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
