Xerox exec shake-up: CTO to retire, CFO named at Conduent spinoff

By Kevin Zimmerman

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Brian Webb Walsh has been named chief financial officer at Conduent, the business process outsourcing (BPO) spinoff at Xerox, effective once the spinoff is completed at the end of the year. Sophie V. Vandebroek, Xerox’s chief technology officer, will also retire at that time.

Vandebroek has been with the Norwalk-based company for 25 years, the last 10 as CTO.

Webb-Walsh is currently the CFO for Xerox Services, where he is responsible for all financial aspects of the business. Previously he led the finance function for the company’s government health care and health enterprise businesses.

“Brian has nearly 20 years of experience with Xerox, strong financial discipline, deep roots in the services business and a keen understanding of how to advance opportunities in growth markets,” said Ashok Vemuri, who was named CEO of Conduent in June.

“Our improved portfolio focus on attractive growth markets and leadership positions in key market segments make this an incredibly appealing opportunity,” said Webb-Walsh. “I look forward to leading Conduent’s financial strategy as the company seeks to create shareholder value by driving profitable growth and margin expansion.”

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