Anne mulcahy xerox biography of william shakespeare

Induction Category:
Business & Labor

In 2000, Anne Mulcahy was offered the biggest promotion of her career at Stamford-based Xerox Corporation.

The young businesswoman who began her Xerox career as a field sales representative 24 years earlier was being asked to step in as President and Chief Operating Officer, with the intent of moving into the Chief Executive Officer position by 2001.

But, when asked about this promotion, Mulcahy told the Families and Work Institute, “To be very honest, this was less like being promoted than it was being drafted into the war, because we had some very serious issues.” This was no exaggeration.

Anne mulcahy xerox biography of william shakespeare in 400 words

By the time she stepped into the CEO chair, the company was $17.1 billion in debt, its stock was quickly losing value, and bankruptcy seemed imminent. But Mulcahy, armed with experience, motivation, and the self-confidence needed to lead what seemed like an uphill battle, took the job.

Upon acceptance, she became only one of six female CE