Jeff Jacobson Promoted to President of Xerox Technology Business

ROCHESTER, NY—July 1, 2014—Jeff Jacobson, formerly COO of the Xerox Technology Business, has been named president following the retirement of Armando Zagalo de Lima.

Jacobson now oversees Xerox’s Graphic Communications Operations, Large Enterprise Operations and Channel Partner Operations. This represents Xerox’s document technology and document outsourcing which is roughly $12 billion of the company’s $21+ billion in sales.

“Xerox is putting a great emphasis on print,” Jacobson told Printing Impressions Editor-in-Chief Mark Michelson in a conference call following the announcement. He noted that the company continues to invest aggressively in the graphic arts industry, noting, among other initiatives, its acquisition of Impika to boost its presence in the growing high-speed inkjet production printing market.

“Armando brought Jeff, an industry veteran, into the company two years ago,” said Ursula Burns, Xerox CEO. “Since joining Xerox, Jeff has demonstrated his knowledge, leadership and passion for the business and our customers. We now entrust him to execute on the strategy, one that is well planned and positions us for long-term market leadership and profitability.”

Jacobson joined Xerox in February of 2012 from Presstek where he served as the company’s president and CEO since 2007, adding the title of chairman in 2009. Prior to his role at Presstek, Jacobson was COO of Eastman Kodak's $3.6 billion Graphic Communications Group. He also served for five years as CEO of Kodak Polychrome Graphics, a $1.7 billion joint venture between Sun Chemical and Eastman Kodak.

A 31-year Xerox veteran, Zagalo de Lima joined Xerox in Portugal in 1983 and held sales, marketing and management positions across Europe, ultimately serving as president of Xerox Europe. He has been president of the Technology Business since 2012.