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Fortune

Diane Brady

Xerox's CEO takes the long view on 'reinvention'

Xerox Steve Bandrowczak Diane Brady China United States

(Credit: Xerox)

In today’s CEO Daily: Diane Brady on Xerox’s reinvention.
The big story: U.S. and China agree to framework deal.
The markets: Up but not soaring after U.S.-China framework.
Analyst notes from UBS, Convera, and Deutsche Bank.
Plus: All the news and watercooler chat from Fortune.

Good morning. Xerox CEO Steve Bandrowczak is a determined man. Disowned by his family at 16, he took 10 years to complete a two-year degree from a community college while working nights on the Long Island Railroad. So he doesn’t mind playing the long game when it comes to what he calls the “Reinvention” of a 118-year-old brand that’s struggling with a shrinking print business, geopolitical headwinds, and short sellers seeking to profit from the company’s distress.

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