Xerox CEO – John Visentin (Age – 59)

Note: Giovanni “John” Visentin passed away on June 28, 2022, at the age of 59, due to complications from an ongoing illness. He served as Vice Chairman and CEO of Xerox from May 2018 until his passing. The current CEO of Xerox Holdings Corporation is Steve Bandrowczak, who was appointed in August 2022.

Giovanni “John” Visentin served as Vice Chairman and Chief Executive Officer of Xerox Holdings Corporation, the iconic American technology and print services company, from May 2018 until his unexpected passing in June 2022. Appointed at the behest of activist investor Carl Icahn, Visentin brought over two decades of enterprise IT experience from IBM and Hewlett-Packard to lead Xerox through a pivotal era of digital transformation. Under his leadership, Xerox navigated the challenges of declining print demand, pursued a bold (ultimately abandoned) bid to acquire HP Inc., and diversified into digital services and IT solutions. His “One Boat, One Team” leadership philosophy united Xerox’s global workforce through some of the company’s most turbulent years, including the COVID-19 pandemic.

Read on to discover the late Xerox CEO John Visentin’s net worth, salary and compensation, career history, education, family details, and more.
John Visentin Xerox CEO
John Visentin, Former Vice Chairman & CEO of Xerox Holdings Corporation • Photo: Xerox Corporation

Xerox Holdings Competitors

Xerox Holdings Corporation operates in the global print technology, document management, and IT services industry. The key competitors of Xerox include:

  • HP Inc. – largest global printer and PC manufacturer
  • Canon Inc. – Japanese imaging and printing solutions giant
  • Ricoh Company – office equipment and managed print services
  • Konica Minolta – digital workplace and production print solutions
  • Kyocera Document Solutions – printers, copiers, and document management
  • Brother Industries – printing and multi-function devices
  • Toshiba Tec – commercial printing and retail solutions

John Visentin – Quick Facts

John Visentin — At a Glance
Full Name Giovanni “John” Visentin
Position Former Vice Chairman & Chief Executive Officer
Company Xerox Holdings Corporation (NASDAQ: XRX)
Born October 23, 1962, Norwalk, Connecticut
Died June 28, 2022 (age 59)
Education B.Com, Concordia University, Montreal
Net Worth (at time of passing) $25–50 Million (estimated)
Total Compensation (FY2021) ~$12.4 Million
CEO Tenure May 2018 – June 2022
Previous Role Senior Advisor, Exela Technologies; Operating Partner, Advent International
Languages English, French, Italian
Residence Riverside (Greenwich), Connecticut

John Visentin Net Worth – Xerox CEO Salary

At the time of his passing in 2022, John Visentin’s net worth was estimated at approximately $25–50 million USD, based on his Xerox stock holdings, prior compensation from IBM and HP, and accumulated wealth from his executive career. Visentin received substantial stock-based compensation during his tenure at Xerox, including an initial $11.5 million signing bonus when he joined as CEO in 2018.

Xerox CEO Compensation Breakdown (FY2021)

Component Amount (USD) Share
Base Salary $1,200,000 9.7%
Annual Cash Bonus $1,166,400 9.4%
Stock Awards $10,000,023 80.5%
Other Compensation $52,454 0.4%
TOTAL $12,418,877 100%
Key Insight: Over 80% of John Visentin’s compensation was in the form of stock awards, reflecting the board’s emphasis on aligning CEO pay with shareholder returns. When he was first appointed CEO in 2018, Visentin received an $11.5 million signing bonus and $10 million in Xerox stock as part of his initial compensation package.

Xerox Holdings Net Worth – Is Xerox Profitable?

Xerox Holdings Corporation has faced significant financial headwinds in recent years. In fiscal year 2024, the company reported a GAAP net loss of $1.32 billion (including a $1.0 billion non-cash goodwill impairment charge), though on an adjusted basis, Xerox remained profitable with adjusted net income of $135 million. The company is undergoing a “Reinvention” strategy under current CEO Steve Bandrowczak, which includes structural simplification and expansion into IT services.

Xerox Holdings Financial Summary (FY2024)

Metric Value YoY Change
Market Capitalization ~$250M ▼ 74.7%
Annual Revenue $6.22B ▼ 9.7%
GAAP Net Income (Loss) ($1.32B) ▼ Impairment
Adjusted Net Income $135M ▼ 53%
Adjusted Operating Margin 4.9% ▼ 70 bps
Free Cash Flow $467M ▼ $182M
Employees ~16,800 ▼ 16.4%
NASDAQ Ticker XRX
Context: Xerox’s FY2024 GAAP net loss of $1.32 billion includes a $1.0 billion non-cash goodwill impairment charge. On an adjusted basis, the company generated $135 million in net income and $467 million in free cash flow. Xerox completed the acquisition of Lexmark in July 2025 as part of its diversification strategy.

Xerox CEO Email / Contact – John Visentin

Below are the contact details associated with the late Xerox CEO John Visentin and the company’s corporate channels:

Contact Information
CEO Email (historical) [email protected]
Email Format [email protected]
LinkedIn (historical) linkedin.com/in/johnvisentin
Corporate HQ 201 Merritt 7, Norwalk, CT 06851
Phone 203-968-3000
Customer Support 1-888-242-9098

Career & Education – Company, University, & College

John Visentin built a distinguished career spanning nearly four decades in enterprise technology, IT services, and document solutions. He was widely regarded as a turnaround specialist, managing multibillion-dollar business units at some of the world’s largest technology companies. Below is his complete career timeline:

John Visentin Career Timeline

Period Role Company
1984–2001 Various roles incl. VP Industrial Sector, General Manager IBM Canada
2001–2007 VP, Industrial Sector & GM, Integrated Technology Services (North America) IBM (US)
2011–2012 EVP & General Manager, Enterprise Services Hewlett-Packard
2013–2017 Executive Chairman & CEO Novitex Enterprise Solutions
2017–2018 Senior Advisor / Operating Partner Exela Technologies / Advent International
2018–2022 Vice Chairman & CEO Xerox Holdings Corp.

Visentin began his career in 1984 at IBM Canada, where he spent 17 years rising through increasingly senior positions, including Vice President of the Industrial Sector and General Manager. In 2001, he moved to IBM’s US headquarters, where he served as General Manager of Integrated Technology Services for North America until 2007.

After a brief period away, Visentin joined Hewlett-Packard in 2011 as Executive Vice President and General Manager of Enterprise Services. This move was notably contested by IBM, which sought a court injunction citing a non-compete clause; the court ultimately ruled in Visentin’s favor.

From 2013 to 2017, Visentin served as Executive Chairman and CEO of Novitex Enterprise Solutions, a document management services company. He subsequently advised Exela Technologies and worked as an Operating Partner at Advent International before being named Xerox CEO in May 2018 following activist investor Carl Icahn’s campaign to overhaul the company’s leadership.

Education

University Degree / Program Website
Concordia University, Montreal Bachelor of Commerce (B.Com) concordia.ca
Concordia University Hall Building Montreal
Concordia University, Montreal — where John Visentin earned his Bachelor of Commerce. Photo: Wikimedia Commons (CC BY-SA 3.0)

John Visentin Wiki – Age, Family, & More

Giovanni “John” Visentin was born on October 23, 1962, in Norwalk, Connecticut. He passed away on June 28, 2022, at the age of 59, due to complications from an ongoing illness. Visentin was a devoted family man, survived by his wife Marie-Josée Desnoyers and five daughters: Sabrina, Christina, Mara, Lauren, and Liana. The family resided in Riverside (Greenwich), Connecticut.

Visentin was trilingual, fluent in English, French, and Italian. He was widely admired for his inclusive leadership style and his “One Boat, One Team” philosophy that he championed at Xerox.

Notable Achievements & Legacy

  • A Better Chance Scholarship – A scholarship fund was established in Visentin’s name after his passing; it has raised over $450,000 to support students of color pursuing STEM careers
  • Xerox Diversification – Under his leadership, Xerox expanded beyond print into digital services, IT solutions, and AI-powered automation
  • HP Acquisition Bid – Led Xerox’s bold $33 billion bid to acquire HP Inc. in 2019–2020, which was ultimately withdrawn due to COVID-19 and market conditions
  • Business Roundtable Member – Active participant in shaping U.S. business and technology policy
  • IBM vs. HP Legal Victory – Successfully fought IBM’s attempt to enforce a non-compete clause when he joined Hewlett-Packard, setting an important precedent for executive mobility
  • Pandemic Leadership – Guided Xerox through the COVID-19 pandemic, including pivoting to produce ventilators and hand sanitizers

About Xerox Holdings Corporation

Xerox Holdings Corporation is an American technology company headquartered in Norwalk, Connecticut. Founded in 1906 as The Haloid Photographic Company, Xerox became synonymous with photocopying after introducing the Xerox 914 in 1959 — the first commercially successful plain-paper copier. Over the decades, Xerox has been at the forefront of innovation, with its legendary Palo Alto Research Center (PARC) contributing foundational technologies such as the graphical user interface (GUI), Ethernet networking, and laser printing.

Today, Xerox operates as a global provider of workplace technology, document management, and IT services. The company trades on the NASDAQ under the ticker symbol XRX. In July 2025, Xerox completed its $1.5 billion acquisition of Lexmark, further expanding its product portfolio and global reach. As of late 2025, the combined entity employed approximately 26,300 people worldwide.

Frequently Asked Questions (FAQ)

Who is the current CEO of Xerox Holdings Corporation?

The current CEO of Xerox Holdings Corporation is Steve Bandrowczak, who was appointed in August 2022 following the unexpected passing of John Visentin. Bandrowczak had served as Xerox’s President and COO since 2018 before assuming the top role.

What was John Visentin’s net worth?

At the time of his passing in June 2022, John Visentin’s net worth was estimated at approximately $25–50 million USD. This estimate is based on his Xerox stock holdings, accumulated compensation including a $11.5 million signing bonus received in 2018, and annual total compensation packages averaging $12–13 million per year.

What was the Xerox CEO’s salary?

In fiscal year 2021, John Visentin’s total compensation was approximately $12.4 million, including a $1.2 million base salary, $1.17 million annual cash bonus, and $10 million in stock awards. Over 80% of his pay was equity-based.

What was the Xerox CEO’s email address?

John Visentin’s corporate email was [email protected]. Xerox uses the email format [email protected]. For current corporate inquiries, contact Xerox at their Norwalk, CT headquarters at 203-968-3000 or visit xerox.com.

How did John Visentin die?

John Visentin passed away on June 28, 2022, at the age of 59, due to complications from an ongoing illness. The specific nature of his illness was not publicly disclosed. A scholarship fund in his name was established through the nonprofit A Better Chance.

Is Xerox Holdings a profitable company?

On a GAAP basis, Xerox reported a net loss of $1.32 billion in fiscal year 2024, primarily due to a $1.0 billion non-cash goodwill impairment charge. However, on an adjusted basis, the company generated $135 million in net income and $467 million in free cash flow. Revenue was $6.22 billion, down 9.7% year-over-year.

Article last updated:February 2026March 2026

Disclaimer: All information presented in this article has been compiled from publicly available sources, including SEC filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice. Net worth figures are estimates and may vary by source.