Speed comes at a price - Bob Colwell, former chief architect at Intel
XEROX CEO Anne Mulcahy has announced that she will retire on July 1, to be succeeded by Ursula Burns, the printer and copier outfit's president.
Burns' ascension to the top job at Xerox will make it the largest Fortune 500 company to appoint a black female CEO.
Burns, 50, has been Mulcahy's heir apparent and company president since April 2007. µ
Thought it was going to be C. Montgomery Burns!
Excellent!