30 Notable IT Executive Moves: May 2018


Jeff Jacobson

Jacobson resigned as CEO of Xerox and from his board seat as the company announced it was backing out of a deal to sell a controlling stake to Fujifilm.

The resignation, accompanied by five other board members stepping down, came after the Rochester, N.Y.-based company's proposed deal with Fujifilm fell through and after legal challenges from activist investors Carl Icahn and Darwin Deason, who had been fighting the proposed buyout and lambasting Jacobson's management since January.

Jacobson became CEO in January 2017 after serving in executive roles with the company since 2012. He is being succeeded by John Visentin, a senior consultant to Icahn Enterprises and channel veteran who served as chairman of Presidio from 2015 to 2017.