The Xerox Board of Directors has appointed Louie Pastor as CEO

15 Jul

March 30, 2026

Norwalk, Connecticut - Xerox Holdings Corporation (NASDAQ: XRX) announced today that Steve Bandrowczak will step down as CEO, and the Board of Directors has appointed Louie Pastor as CEO, effective immediately.
"On behalf of the Board of Directors and the entire Xerox team, I want to thank Steve for his leadership during a pivotal time for the company, including the successful acquisitions and integration of Lexmark and ITsavvy," said Scott Letier, Chairman of the Board of Directors of Xerox. "Lou possesses a strong combination of operational discipline, strategic thinking, and deep knowledge of Xerox. Throughout his tenure at the company, he has played a central role in advancing our strategy, strengthening our operating model, and driving company-wide transformation."
"The Board of Directors is confident that Louie’s leadership and results-oriented approach will position Xerox well as we continue to accelerate our momentum and achieve our strategic and financial goals."
Until recently, Pastor served as President and Chief Operating Officer of Xerox, where he played a pivotal role in driving the company’s strategy and enhancing operational efficiency. In this capacity, he oversaw the company’s business transformation, global service delivery, revenue operations, marketing and communications, as well as its HR and technology functions, helping to accelerate Xerox’s growth initiatives.

"It is a great honor for me to assume the role of CEO and lead Xerox into this new phase of its development," said Louie Pastor, CEO of Xerox. "Steve’s leadership played a pivotal role in strengthening the company’s foundations and ensuring Xerox’s long-term success. We have a strong team and a clear focus on results. I look forward to delivering results and executing on our priorities."

"It has been a great honor for me to lead Xerox during a period of significant change in our industry," said Bandrowczak. "Over the past few years, we have taken important steps to strengthen the company, and I am proud of our team's resilience. I appreciate the support of the Board of Directors and the leadership team throughout my tenure and wish the company success in the next phase of its development. I am confident that Louie will lead the company with the focus and discipline required at this time."


The company reaffirms its full-year 2026 outlook and continues to progress in line with its financial and operational goals.