Xerox Corp posted a 28 percent surge in profit in the third quarter of this, a depression year. Kudos on a job well done, Ms. Burns.
Ms. Burns is the first black woman to head a Fortune 500 company. Xerox was once known primarily for its copiers. Now it provides a range of services making it “the world’s leading enterprise for business process and document management.” Ms. Burns succeeded her mentor and friend Anne Mulcahy. Her position and influence have earned her the rank of 14th most powerful woman in the world.
IBM and Xerox aggressively promoted diversity from the 1980s. With Ginni Rometty slated to become CEO of IBM, it looks like those investments have paid off handsomely.
Those who want to keep fearing math should note that Ms. Rometty studied computer science and Ms. Burns studied mechanical engineering.