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{{short description|Former CEO of Xerox Corporation}}
{{Refimprove|date=October 2009}}
{{Infobox person
{{Infobox person
|name = Anne Mulcahy
| honorific_prefix =
| name = Anne M. Mulcahy
|birth_name = Anne Dolan
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|birth_date = {{birth date and age|1952|10|21}}
| native_name =
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|birth_place = [[Rockville Centre, New York]], U.S.
| native_name_lang =
|death_date =
| image =
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|death_place =
| image_size =
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|spouse = Joseph Mulcahy
| alt =
|children = 2
| caption =
|education = [[Fordham University]] ([[Bachelor of Arts|BA]])
| birth_name = Anne M. Dolan
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| birth_date = {{Birth date and age|1952|10|21}}
| birth_place =
| disappeared_date = <!-- {{Disappeared date and age|YYYY|MM|DD|YYYY|MM|DD}} (disappeared date then birth date) -->
| disappeared_place =
| disappeared_status =
| death_date = <!-- {{Death date and age|YYYY|MM|DD|YYYY|MM|DD}} (death date then birth date) -->
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| death_place =
| death_cause =
| body_discovered =
| resting_place =
| resting_place_coordinates = <!-- {{Coord|LAT|LONG|type:landmark|display=inline}} -->
| monuments =
| residence =
| nationality =
| other_names =
| ethnicity = <!-- Ethnicity should be supported with a citation from a reliable source -->
| citizenship = United States
| education = B.A. English and Journalism
| alma_mater = [[Marymount College, Tarrytown]]
| employer = [[Xerox|Xerox Corporation]]
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| home_town = [[Rockville Centre, New York]], U.S.
| title = Chairwoman and Chief Executive Officer
| term =
| predecessor = [[Paul Allaire|Paul A. Allaire]]
| successor = [[Ursula M. Burns]]
| boards = Catalyst, [[Citigroup]], [[Fuji Xerox]], [[Johnson & Johnson]], [[Target Corporation]]
| religion = <!-- Religion should be supported with a citation from a reliable source -->
| denomination = <!-- Denomination should be supported with a citation from a reliable source -->
| criminal_charge = <!-- Criminality parameters should be supported with citations from reliable sources -->
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| spouse = Joseph Mulcahy; 2 children
| module =
| module2 =
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| website = <!-- {{URL|www.example.com}} -->
| footnotes =
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}}
}}
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'''Anne M. Mulcahy''' (born October 21, 1952<ref name=sundaytimes>{{Cite web|url=https://www.thetimes.com/article/anne-mulcahys-working-day-and-vital-statistics-bkvlwtq39lc|title=Anne Mulcahy's working day and vital statistics|date=2002-10-20|work=The Sunday Times}}</ref>) is the former chairperson and [[chief executive officer|CEO]] of [[Xerox Corporation]]. She was named CEO of Xerox on August 1, 2001, and chairwoman on January 1, 2002. In addition to serving on the Xerox board, she has been a member of the boards of directors of Catalyst, [[Citigroup]] Inc., [[Fuji Xerox]] Co. Ltd. and [[Target Corporation]].


⚫
She was selected as 'CEO of the Year 2008' by ''[[Chief Executive (magazine)|Chief Executive]]'' magazine.<ref>{{cite web|url=http://www.chiefexecutive.net/ME2/Audiences/Default.asp?AudID=257093CD337F495B86A6A07046702F8C |title=2008 CEO of the Year Award: Anne Mulcahy, Xerox CEO |url-status=dead |archive-url=https://web.archive.org/web/20091103115359/http://www.chiefexecutive.net/ME2/Audiences/Default.asp?AudID=257093CD337F495B86A6A07046702F8C |archive-date=2009-11-03 }}</ref> She announced her retirement as CEO on May 21, 2009, prior to the company's annual shareholder meeting.<ref name="rnews_May2009">{{Cite web|url=http://www.rnews.com/Story_2004.cfm?ID=72467&rnews_story_type=18&category=10|title=Spectrum News 1 &#124; Rochester|access-date=2009-05-21|archive-date=2009-05-24|archive-url=https://web.archive.org/web/20090524232416/http://www.rnews.com/Story_2004.cfm?ID=72467&rnews_story_type=18&category=10|url-status=dead}}</ref>
⚫
'''Anne M. Mulcahy''' (née Dolan; born October 21, 1952) is former chairperson and [[chief executive officer|CEO]] of [[Xerox Corporation]]. She was named CEO of Xerox on August 1, 2001, and chairwoman on January 1, 2002. In addition to serving on the Xerox board, she has been a member of the boards of directors of Catalyst, [[Citigroup]] Inc., [[Fuji Xerox]] Co. Ltd. and [[Target Corporation]].

⚫
She was selected as 'CEO of the Year 2008' by ''[[Chief Executive (magazine)|Chief Executive]]'' magazine.<ref>{{cite web|url=http://www.chiefexecutive.net/ME2/Audiences/Default.asp?AudID=257093CD337F495B86A6A07046702F8C|title=2008 CEO of the Year Award: Anne Mulcahy, Xerox CEO}}</ref> She announced her retirement as CEO on May 21, 2009 prior to the company's annual shareholder meeting.<ref name="rnews_May2009">http://www.rnews.com/Story_2004.cfm?ID=72467&rnews_story_type=18&category=10</ref>


==Early life and education==
==Early life and education==
Mulcahy was born in [[Rockville Centre, New York]] on October 21, 1952. She received a [[Bachelor of Arts|B.A.]] in English and Journalism from [[Marymount College, Tarrytown|Marymount College of Fordham University]] in [[Tarrytown, New York]].<ref>{{cite news|last=STERN|first=IRENA CHOI|title=EDUCATION; A Diploma for the Ages|url=http://www.nytimes.com/2002/05/12/nyregion/education-a-diploma-for-the-ages.html?src=pm|accessdate=8 March 2012|newspaper=The New York Times|date=12 May 2002}}</ref>
Mulcahy was born in [[Rockville Centre, New York]] on October 21, 1952. She was the only daughter in her family and attended Catholic school as a child. She received a [[Bachelor of Arts|B.A.]] in English and Journalism from [[Marymount College, Tarrytown|Marymount College of Fordham University]] in [[Tarrytown, New York]].<ref>{{cite news|last=STERN|first=IRENA CHOI|title=EDUCATION; A Diploma for the Ages|url=https://www.nytimes.com/2002/05/12/nyregion/education-a-diploma-for-the-ages.html?src=pm|access-date=8 March 2012|newspaper=The New York Times|date=12 May 2002}}</ref>


==Career at Xerox==
==Career at Xerox==
Mulcahy joined Xerox as a field sales representative in 1976 and rose through the ranks. From 1992-1995, Mulcahy was vice president for human resources, Her nowresponsible for compensation, benefits, human resource strategy, labor relations, management development and employee training. She became chief staff officer in 1997 and corporate senior vice president in 1998. Prior to that, she served as vice president and staff officer for Customer Operations, covering South America and Central America, Europe, Asia, Africa, and China.
Mulcahy joined Xerox as a field sales representative in 1976 and rose through the ranks. From 1992 to 1995, Mulcahy was vice president for human resources, responsible for compensation, benefits, human resource strategy, labor relations, management development, and employee training. She became a chief staff officer in 1997 and corporate senior vice president in 1998. Prior to that, she served as vice president and staff officer for Customer Operations, covering South America and Central America, Europe, Asia, Africa, and China.
Though never intent on running Xerox, she was selected by the board of directors in 2001. Later in her tenure, she cut the [[workforce]] by 30% and eliminated the desktop portion of Xerox. {{Citation needed|date=July 2011}}
<ref>{{Cite web|url=https://www.sec.gov/spotlight/xbrl/2006/ammulcahy_bio.pdf|title=Anne M. Mulcahey|access-date=2017-11-15|archive-url=https://web.archive.org/web/20170825203416/https://www.sec.gov/spotlight/xbrl/2006/ammulcahy_bio.pdf|archive-date=2017-08-25|url-status=dead}}</ref> Though never intent on running Xerox, she was selected by the board of directors in 2001. Later in her tenure, she ordered a restructuring that cut annual expenses by $1.7 billion, cut the workforce by 25,000 jobs, and sold $2.3 billion in non-core assets to reduce Xerox's long-term debt.<ref>{{Cite web|url=http://www.referenceforbusiness.com/biography/M-R/Mulcahy-Anne-M-1952.html|title=Anne M. Mulcahy 1952— Biography - Leading by listening, sources for further information|website=www.referenceforbusiness.com|language=en|access-date=2017-11-15}}</ref> {{Citation needed|date=July 2011}}


When she became CEO on Aug 1, 2001 the stock price was $8.25, and on Jan 1, 2002 when she became chairwoman the stock price was $10.05. On May 21, 2009, the day she announced her retirement as CEO, the stock price was $6.82.{{Citation needed|date=July 2011}}
When she became CEO on Aug 1, 2001, the stock price was $8.25, and on Jan 1, 2002. when she became chairwoman. the stock price was $10.05. On May 21, 2009, the day she announced her retirement as CEO, the stock price was $6.82.{{Citation needed|date=July 2011}}


Mulcahy currently serves on four other Boards of Directors besides Xerox. She also serves on Catalyst, Citigroup, Fuji Xerox and Target Corp. A letter sent to Citi shareholders on March 26, 2009 by the labor union, American Federation of State County & Municipal Employees (AFSCME), recommended shareholders vote against re-electing six of their directors<ref name="afscme.org">{{cite web|url=http://www.afscme.org/press/25934.cfm|title=AFSCME Demands Accountability at Citigroup|publisher=afscme.org}}</ref>
Mulcahy served on four other Boards of Directors besides Xerox. She also served on Catalyst, Citigroup, Fuji Xerox, and Target Corp. A letter sent to Citi shareholders on March 26, 2009, by the labor union, American Federation of State County & Municipal Employees (AFSCME), recommended shareholders vote against re-electing six of their directors<ref name="afscme.org">{{cite web|url=http://www.afscme.org/press/25934.cfm |title=AFSCME Demands Accountability at Citigroup |publisher=afscme.org |url-status=dead |archive-url=https://web.archive.org/web/20101130163118/http://www.afscme.org/press/25934.cfm |archive-date=2010-11-30 }}</ref>


==Recognition==
==Magazine Opinion==
The [[Wall Street Journal]] named Mulcahy one of 50 women to watch in 2005 and ''[[Forbes Magazine]]'' ranked her at the sixth position among the Most Powerful Women in America in 2005. In 2009, she was ranked 15th.<ref>{{cite web|url=http://www.forbes.com/lists/2009/11/power-women-09_The-100-Most-Powerful-Women_Rank.html|title=The 100 Most Powerful Women|publisher=Forbes.com}}</ref> In 2008, she was selected by [[U.S. News & World Report]] as one of America's Best Leaders.<ref>{{cite web|url=http://www.usnews.com/articles/news/best-leaders/2008/11/19/americas-best-leaders-anne-mulcahy-xerox-ceo.html|title=America's Best Leaders: Anne Mulcahy, Xerox CEO|accessdate=2008-11-25| archiveurl= http://web.archive.org/web/20081210054608/http://www.usnews.com/articles/news/best-leaders/2008/11/19/americas-best-leaders-anne-mulcahy-xerox-ceo.html?| archivedate= 10 December 2008 <!--DASHBot-->| deadurl= no}}</ref>
''[[The Wall Street Journal]]'' named Mulcahy one of 50 women to watch in 2005 and ''[[Forbes]]'' magazine ranked her at the sixth position among the Most Powerful Women in America in 2005. In 2009, she was ranked 15th.<ref>{{cite web|url=https://www.forbes.com/lists/2009/11/power-women-09_The-100-Most-Powerful-Women_Rank.html|title=The 100 Most Powerful Women|work=Forbes.com}}</ref> In 2008, she was selected by [[U.S. News & World Report]] as one of America's Best Leaders.<ref>{{cite web|url=https://www.usnews.com/articles/news/best-leaders/2008/11/19/americas-best-leaders-anne-mulcahy-xerox-ceo.html |title=America's Best Leaders: Anne Mulcahy, Xerox CEO |access-date=2008-11-25 |archive-url=https://web.archive.org/web/20081210054608/http://www.usnews.com/articles/news/best-leaders/2008/11/19/americas-best-leaders-anne-mulcahy-xerox-ceo.html |archive-date=10 December 2008 |url-status=live }}</ref>

==Personal life==
Mulcahy is married with two sons.<ref name=sundaytimes /> She lives in [[Fairfield, Connecticut]].<ref>{{Cite web|url=https://westfaironline.com/nonprofits/former-xerox-ceo-to-chair-trustees-board-of-the-nature-conservancy-in-connecticut/|title=Former Xerox CEO to chair trustees board of The Nature Conservancy in Connecticut|date=2024-01-31|last=Hall|first=Phil|work=Westfair Business Journal}}</ref>


==References==
==References==
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{{s-start}}
{{s-start}}
{{s-bus}}
{{s-bus}}
{{s-bef|before=[[Paul Allaire|Paul A. Allaire]]}}
{{s-bef|rows=3|before=[[Paul Allaire]]}}
{{s-ttl|title=President of [[Xerox|Xerox Corporation]]|years=May 11, 2000–2001}}
{{s-ttl|title=President of [[Xerox|Xerox Corporation]]|years=2000–2001}}
{{s-vac|next=[[Ursula Burns|Ursula M. Burns]]}}
{{s-aft|rows=3|after=[[Ursula Burns]]}}
|-
{{s-bef|before=[[Paul Allaire|Paul A. Allaire]]}}
{{s-ttl|title=CEO of [[Xerox|Xerox Corporation]]|years=August 1, 2001 – July 1, 2009}}
{{s-ttl|title=CEO of [[Xerox|Xerox Corporation]]|years=2001–2009}}
|-
{{s-aft|after=[[Ursula Burns|Ursula M. Burns]]}}
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{{s-ttl|title=Chair of [[Xerox|Xerox Corporation]]|years=2002–2010}}
{{s-bef|before=[[Paul Allaire|Paul A. Allaire]]}}
⚫
{{s-end}}
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{{s-ttl|title=Chairwoman of [[Xerox|Xerox Corporation]]|years=January 1, 2002 – May 20, 2010}}

{{s-aft|after=[[Ursula Burns|Ursula M. Burns]]}}
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{{end}}
{{Connecticut Women's Hall of Fame}}
{{Connecticut Women's Hall of Fame}}
{{Authority control|VIAF=39202131}}
{{Authority control}}

{{Persondata <!-- Metadata: see [[Wikipedia:Persondata]]. -->
| NAME = Mulcahy, Anne M.
| ALTERNATIVE NAMES =
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| SHORT DESCRIPTION = Former CEO of Xerox Corporation
| DATE OF BIRTH = October 21, 1952
| PLACE OF BIRTH = Rockville Centre, New York
| DATE OF DEATH =
| PLACE OF DEATH =
}}
{{DEFAULTSORT:Mulcahy, Anne M.}}
{{DEFAULTSORT:Mulcahy, Anne M.}}
[[Category:1952 births]]
[[Category:1952 births]]
[[Category:American chief executives]]
[[Category:American chief executives of manufacturing companies]]
[[Category:American women in business]]
[[Category:American technology chief executives]]
[[Category:American women chief executives]]
[[Category:Directors of Xerox]]
[[Category:Fordham University alumni]]
[[Category:Fordham University alumni]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:People from Hempstead (town), New York]]
[[Category:People from Rockville Centre, New York]]
[[Category:Xerox people]]
[[Category:Xerox people]]
[[Category:Directors of Xerox]]
[[Category:21st-century American women]]
[[Category:Benjamin Franklin Medal (Franklin Institute) laureates]]

Latest revision as of 05:38, 29 August 2024

Anne Mulcahy
Born
Anne Dolan

(1952-10-21) October 21, 1952 (age 72)
Rockville Centre, New York, U.S.
EducationFordham University (BA)
SpouseJoseph Mulcahy
Children2

Anne M. Mulcahy (born October 21, 1952[1]) is the former chairperson and CEO of Xerox Corporation. She was named CEO of Xerox on August 1, 2001, and chairwoman on January 1, 2002. In addition to serving on the Xerox board, she has been a member of the boards of directors of Catalyst, Citigroup Inc., Fuji Xerox Co. Ltd. and Target Corporation.

She was selected as 'CEO of the Year 2008' by Chief Executive magazine.[2] She announced her retirement as CEO on May 21, 2009, prior to the company's annual shareholder meeting.[3]

Early life and education

[edit]

Mulcahy was born in Rockville Centre, New York on October 21, 1952. She was the only daughter in her family and attended Catholic school as a child. She received a B.A. in English and Journalism from Marymount College of Fordham University in Tarrytown, New York.[4]

Career at Xerox

[edit]

Mulcahy joined Xerox as a field sales representative in 1976 and rose through the ranks. From 1992 to 1995, Mulcahy was vice president for human resources, responsible for compensation, benefits, human resource strategy, labor relations, management development, and employee training. She became a chief staff officer in 1997 and corporate senior vice president in 1998. Prior to that, she served as vice president and staff officer for Customer Operations, covering South America and Central America, Europe, Asia, Africa, and China. [5] Though never intent on running Xerox, she was selected by the board of directors in 2001. Later in her tenure, she ordered a restructuring that cut annual expenses by $1.7 billion, cut the workforce by 25,000 jobs, and sold $2.3 billion in non-core assets to reduce Xerox's long-term debt.[6] [citation needed]

When she became CEO on Aug 1, 2001, the stock price was $8.25, and on Jan 1, 2002. when she became chairwoman. the stock price was $10.05. On May 21, 2009, the day she announced her retirement as CEO, the stock price was $6.82.[citation needed]

Mulcahy served on four other Boards of Directors besides Xerox. She also served on Catalyst, Citigroup, Fuji Xerox, and Target Corp. A letter sent to Citi shareholders on March 26, 2009, by the labor union, American Federation of State County & Municipal Employees (AFSCME), recommended shareholders vote against re-electing six of their directors[7]

Recognition

[edit]

The Wall Street Journal named Mulcahy one of 50 women to watch in 2005 and Forbes magazine ranked her at the sixth position among the Most Powerful Women in America in 2005. In 2009, she was ranked 15th.[8] In 2008, she was selected by U.S. News & World Report as one of America's Best Leaders.[9]

Personal life

[edit]

Mulcahy is married with two sons.[1] She lives in Fairfield, Connecticut.[10]

References

[edit]
  1. ^ a b "Anne Mulcahy's working day and vital statistics". The Sunday Times. 2002-10-20.
  2. ^ "2008 CEO of the Year Award: Anne Mulcahy, Xerox CEO". Archived from the original on 2009-11-03.
  3. ^ "Spectrum News 1 | Rochester". Archived from the original on 2009-05-24. Retrieved 2009-05-21.
  4. ^ STERN, IRENA CHOI (12 May 2002). "EDUCATION; A Diploma for the Ages". The New York Times. Retrieved 8 March 2012.
  5. ^ "Anne M. Mulcahey" (PDF). Archived from the original (PDF) on 2017-08-25. Retrieved 2017-11-15.
  6. ^ "Anne M. Mulcahy 1952— Biography - Leading by listening, sources for further information". www.referenceforbusiness.com. Retrieved 2017-11-15.
  7. ^ "AFSCME Demands Accountability at Citigroup". afscme.org. Archived from the original on 2010-11-30.
  8. ^ "The 100 Most Powerful Women". Forbes.com.
  9. ^ "America's Best Leaders: Anne Mulcahy, Xerox CEO". Archived from the original on 10 December 2008. Retrieved 2008-11-25.
  10. ^ Hall, Phil (2024-01-31). "Former Xerox CEO to chair trustees board of The Nature Conservancy in Connecticut". Westfair Business Journal.
Business positions
Preceded by President of Xerox Corporation
2000–2001 		Succeeded by
CEO of Xerox Corporation
2001–2009
Chair of Xerox Corporation
2002–2010
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