Home / Industry / Banking & Finance / Mulcahy to leave Citigroup board

Mulcahy to leave Citigroup board

Xerox Corp. chairman Anne Mulcahy is stepping down from Citigroup Inc.’s board of directors, the bank said Friday.

Mulcahy said she would not stand for reelection at the annual shareholder meeting, Citigroup said.

In other Xerox news, the company’s board on Thursday elected Armando Zagalo de Lima as an executive vice president and Russell Peacock as a senior vice president.

Effective March 1, Zagalo de Lima, 51, becomes president of Xerox global customer operations, responsible for worldwide sales, service and customer administration activities for Xerox’s document technology, services and solutions. He currently leads Xerox Europe and will continue to do so in his expanded role. Xerox’s North American and developing markets operations also will report to Zagalo de Lima.

Peacock becomes president of Xerox North America—a role that brings the North America solutions group and North American channels group under his leadership. Peacock, 51, heads Xerox’s North American channels group, which includes the company’s agent operations, resellers, inside sales and Global Imaging Systems.

(c) 2010 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail rbj@rbj.net.



Check Also

Mayor Lovely Warren speaking at 2019 State of the City Address on Tuesday, April 23.

Warren gives State of the City address, with emphasis on schools (access required)

Dozens gathered in the auditorium of Enrico Fermi School 17 for mayor Lovely Warren's 2019 State of the City address ...

CoverWallet's Victor location houses more than 100 employees. (Photo provided)

CoverWallet to grow staff to nearly 200 here (access required)

An online insurance company that last year promised to create nearly 100 jobs in Rochester has surpassed that number, fully ...