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Anne M. Mulcahy's inspired leadership and strategic vision as chief executive officer of Xerox were responsible for a multibillion-dollar turnaround which transformed the imaging giant from a company on the brink of bankruptcy into an innovative digital technology and services enterprise.
In 1976 Mulcahy began her career at Xerox as a field sales representative and quickly assumed positions with increasing responsibility in sales and senior management. She ultimately served as chief executive officer of the corporation from August 2001 through June 2009. Throughout her career she recognized the importance of listening to the company's core constituents and to the alignment of people around a common set of goals. She was also known for her commitment to innovation by continuing research-and-development spending even during tough times. Mulcahy retired from the CEO post effective July 1, 2009 and retained the position of chairman.
In 2005, The Wall Street Journal named Mulcahy one of "50 Women to Watch" and Forbes Magazine ranked her sixth among the "Most Powerful Women in America." In 2008, she was selected by U.S. News & World Report as one of "America's Best Leaders" and she was named "CEO of the Year" by Chief Executive Magazine.
To quote Anne Mulcahy, "My experience at Xerox has taught me that crisis is a very powerful motivator. It forces you to make choices that you probably wouldn't have made otherwise. It intensifies your focus, your competitiveness, your relentless desire to attain best-in-class status."
Last Modified: 9:58am 03 Feb 11
