Anne M. Mulcahy Biography

Topics: Board of directors, The Washington Post, Corporate governance Pages: 2 (286 words) Published: February 29, 2012
Born in Rockville Centre, New York in 1952 with Four Brothers and was inspired to compete equally

Raised in Catholic School and Catholic Community which she claimed helped her see the importance of having a “structure”/goals.

Graduated at Marymount College – BA in English and Journalism

Got a position as a Field Representative for Xerox. 16 Years

two children choosing Between family time or work time or finding a better opportunity – wanted reward for 16 years of work

Vice President of Human Resources in 1992

Chief Staff Officer then to Senior Vice President

Covered Operations in Xerox international areas: South America, Central America, Europe, Asia, Africa, and China

President and Chief Operating Officer in 2000
And President of Xerox’s General Markets Operations

She thought she had already reached her goal, seeing as there didn’t look like much opportunity for her to become the CEO, when at the end of 2001 she was surprised to be rewarded with the CEO of Xerox offer.

First Female Chairman in 2002

Main Accomplishment:
Restructured Xerox finances by cutting annual expenses by over 1.7 billion dollars, removed over 25,000 unnecessary jobs, and sold more than 2.3 billion dollars worth of unrequired assets (facilities, equipment, etc…) Also paid a 10 million dollar fine and restated 5 years of revenues to make up for an accounting scandal

Basically fixed the finances and restored Xerox’s image

She stepped down from this role and from the Xerox Board, effective May 20, 2010 and Mentored Ursula Burns to take over.

She is now on the board of directors of Johnson & Johnson, Target Corporation, The Washington Post Company and chair of the Board of Trustees for Save the Children.
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