XEROX HOLDINGS CORP (XRX)
Sector: Information Technology
Sector: Information Technology
XEROX HOLDINGS CORP - Executive Compensation
Executive Vice President, Chief Financial Officer
Executive Compensation
Charles J. "Jay" Butler IV serves as Executive Vice President and Chief Financial Officer of Xerox Holdings Corporation, a global leader in print and digital document management solutions. With over three decades of finance experience, Butler joined Xerox in 2005 after a distinguished career in the automotive sector. He previously held progressive roles at Delphi Corporation, culminating as Vice President of Finance and Treasurer, and earlier at General Motors Corporation, where he honed his expertise in treasury, investor relations, and strategic financial planning. At Xerox, Butler has been instrumental in steering the company's financial strategy through transformative periods. He advanced rapidly from Vice President of Finance for Xerox Business Group Operations to Vice President and Treasurer, then CFO of Xerox Business Services, before assuming his current EVP and CFO role in 2017. Key achievements include leading the successful spin-off of Xerox's business process outsourcing operations into Conduent Incorporated, significantly reducing the company's debt load, and overseeing capital allocation that supported shareholder returns exceeding $2 billion through dividends and share repurchases. Under Butler's leadership, Xerox has navigated market disruptions, executed the $1.9 billion acquisition of Lexmark International in 2023 to bolster its product portfolio, and maintained strong investment-grade credit ratings. His strategic acumen has positioned Xerox for sustainable growth in a digital-first era, earning him recognition as a pivotal figure in the company's resurgence and focus on innovation-driven profitability.