PARC’s Steve Hoover Named Xerox CTO; Jeff Jacobson Comments

Steve Hoover

Steve Hoover, CEO at Xerox‘s (NYSE: XRX) PARC subsidiary, has been named chief technology officer at the Norwalk, Connecticut-based document management and outsourcing company in a move that takes effect Jan. 1, 2017.

Xerox said Wednesday Hoover will report to incoming Xerox CEO Jeff Jacobson and succeed Sophie Vandebroek, who is due to retire from the company by Dec. 31.

Jacobson, who currently serves as president of Xerox’s technology business,  will transition to the CEO post once the company splits into two publicly traded firms at the end of 2016.

As CTO, Hoover will lead research and product development efforts as well as oversee the company’s global research centers that include PARC, Xerox Research Centre Canada and Xerox Research Centre Europe.

Hoover previously served as vice president of the Xerox Research Center of Webster.

He joined the company in 1994 and has held various roles in product development and research and led technology investments in analytics, digital manufacturing, intelligent systems, cloud computing, nanotechnology, mobile, advanced printing and mass customization technologies.

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