Xerox Holdings Corporation announced on May 14, 2025, its post-Lexmark acquisition leadership team, with two distinguished Lexmark executives set to join Xerox's Executive Committee upon the close of the acquisition. This move signifies advanced planning for the integration of Lexmark's imaging solutions and technologies into Xerox's portfolio.
Additionally, Kim Kleps was appointed as Xerox Chief People Officer, effective immediately, further strengthening the Xerox leadership team. These new leaders are expected to play a critical role in shaping the future combined company, leveraging their industry expertise and strategic vision.
The acquisition, valued at $1.5 billion, is anticipated to close in the third quarter of 2025, subject to regulatory approvals and customary closing conditions. The combined organization is projected to serve over 200,000 clients in more than 170 countries, offering an expanded portfolio of print, digital, and IT services.
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