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Something positive to read: Ursula Burns,Xerox total compensation package 22 million.

Something positive to read: Ursula Burns,Xerox total compensation package 22 million.

Marta Fernandez · Thursday, May 5th 2011 at 9:06PM · 8837 views
My son and I were looking at the salary base of the CEO at Comcast, where he worked before they downsized personnel making over 60k to rehire a new force at 20k, usual business strategy.

The difference in the CEO's here comparatively is one is a female and one is male. Ms. Burns compensation package is missing options, but even so 20 million per year? Sweet.

Ursula M. Burns
Chairman of the Board and Chief Executive Officer
Xerox Corporation
Norwalk , CT
Sector: CONSUMER GOODS / Business Equipment
Officer since January 1997

Director , American Express Company
New York , NY
Sector: FINANCIAL / Credit Services

52 Years Old
Ursula M. Burns, Joined Xerox in 1980 and subsequently advanced through several engineering and management positions. Named Vice President and General Manager, Departmental Business Unit in 1997; Vice President, Worldwide Manufacturing in 1999; Senior Vice President, Corporate Strategic Services in 2000; Senior Vice President, President, Document Systems and Solutions Group in 2001; and Senior Vice President, President, Business Group Operations in 2002. Elected President in April 2007. Education: BS, Polytechnic Institute of New York; MS, Columbia University. Other Directorships: American Express Corporation; Boston Scientific Corporation. At a meeting held on May 21, 2009, Registrant's Board of Directors elected Ursula M. Burns, Registrant's current President, to the position of Chief Executive Officer effective July 1, 2009. The Company also announced that Ursula M. Burns, currently Chief Executive Officer, has been elected to succeed Mrs. Mulcahy as Chairman of the Board, effective May 20, 2010.
Forbes Rankings
Xerox - 439th on the Forbes Global 2000 in 2010
American Express - 114th on the Forbes Global 2000 in 2010
American Express - 133rd on the Forbes Global 2000 in 2009
Xerox - 768th on the Forbes Global 2000 in 2009
Xerox - 433rd on the Forbes Global 2000 in 2008
See All Rankings >
Compensation for 2010
Salary $10,500,001.00
Bonus $0.00
Restricted stock awards $7,500,009.00
All other compensation $391,716.00
Option awards $ $0.00
Non-equity incentive plan compensation $1,693,125.00
Change in pension value and nonqualified deferred compensation earnings $2,584,458.00
Total Compensation $22,669,309.00

Comments (1)

Marta Fernandez Thursday, May 5th 2011 at 9:12PM

I love this-read NATIONALITY-AMERICAN. Period. As it should be IMHO.

First president of Business Group Operations, Xerox Corporation

Nationality: American.

Born: September 20, 1958, in New York, New York.

Education: Polytechnic Institute of New York, BS, 1980; Columbia University, MS, 1981.

Family: Married Lloyd Bean (retired Xerox scientist); children: two.

Career: Xerox Corporation, 1981–1991, various positions in planning and product development; 1991, executive assistant to the chairman; 1992–2000, head of several departments; 1999–2000, corporate vice president; 2000–, senior vice president of Corporate Strategic Services; 2001–2002, president of Document Systems Solutions Group; 2002–, first president of Business Group Operations.

Awards: 50 Most Powerful Black Executives in America, Fortune , 2002.

Address: Xerox Corporation, 800 Long Ridge Road, Stamford, Connecticut 06904; http://www.xerox.com.

■ Most people outside of Xerox Corporation had no awareness of the existence of Ursula Burns as of 2004. While remaining relatively unknown, Burns steadily gained ground at Xerox for more than two decades, eventually becoming president of Xerox's Business Group Operations. She and the company CEO Anne Mulcahy together helped bring Xerox through a difficult financial period.

Read more: Ursula Burns 1958— Biography - A math ace throughout school http://www.referenceforbusiness.com/biogra...

I would love to sit down and talk to this woman for days!!

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