Published January 11, 2013
The Norwalk-based provider of business support services said it has initiated an external search for a new CFO, with Maestri staying on board through the end of next month to help in the transition period.
"Luca is a stellar finance executive whose contributions have brought great value to the transformation of Xerox into a services enterprise,” said Xerox CEO Ursula Burns.
Burns reaffirmed the company’s fourth-quarter guidance, with non-GAAP earnings in the range of 28 cents to 30 cents a share, bracketing average analyst estimates of 29 cents in a Thomson Reuters poll.
Xerox, which will report fourth-quarter and full-year 2012 earnings on Jan. 24, saw its shares tick up about 1.5% premarket to $7.40.