XRX: McDermott Named Chief Information Officer of Xerox Corporation

John McDermott has been named chief information officer of Xerox Corporation (NYSE: XRX). McDermott was previously vice president, corporate strategy and alliances for Xerox.
As CIO, McDermott is responsible for Xerox's business information systems including managing the company's global information technology infrastructure and telecommunications.

McDermott, 53, joined Xerox in August 2002 as head of strategy, responsible for leading strategic management processes and development activities as well as the company's relationship with alliance partners and with Fuji Xerox Co. Ltd.

Prior to joining Xerox, McDermott led the technology practice for the consulting firm of Marakon Associates, where, in addition to his advisory roles with large information technology clients, he served as Marakon's chief information officer.

McDermott's appointment is effective immediately. He reports to Ursula Burns, president of Xerox Business Group Operations. McDermott replaces Patricia Cusick, who retired from Xerox last year.

A resident of Ridgefield, Conn., McDermott holds a bachelor's degree from Hampshire College and a master's degree in business administration from Yale University.