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New Xerox CEO gets $11.5M in signing bonuses

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Xerox announced the hiring of John Visentin as its new CEO.

A past executive at IBM and Hewlett-Packard, Visentin will receive $11.5 million in signing bonuses and as much as $13.6 million more in total annual compensation.

Visentin replaces Jeff Jacobson, who exited amid a proxy fight with investors.

Read more from News Times.

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