Billionaire Darwin Deason The Man Who Sold ACS To Xerox for $6.4 Billion in 2010 Passes Away at 85. (Xerox's Largest Chairholder)
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heirs now can cash out. They were probably waiting for dad to pass
Employees deserve a chunk of that
Must be a big chair
He was probably asking $2B and the genius negotiated to $6.4B. The fact that she landed in another CEO role proves it’s a club, not a profession.
He held / holds 6.7% of Xerox shares. Wonder if the person who inherits those will think it’s a good thing remain invested.
He took advantage of a clueless CEO that wanted so badly to prove how brilliant she was but ended up to be a colossal disappointment and an abject failure as a leader. She did manage to extract a sizable windfall from Xerox however. If that was her goal, then she succeeded. Reminds me of the current CEO, Stevie B.
The man that scammed Ursula Burns laughed all the way to the bank!