Xerox appoints new CEO for service business ahead of IPO
Mr. Vemuri will join Xerox effective July 1, 2016 and serve as chief executive officer of Xerox Business Services, LLC and an executive vice president of Xerox Corporation until the separation is complete.
Mr. Vemuri previously was president, chief executive officer and a member of the board of directors of IGATE Corporation, a New Jersey-based global technology and services company now part of global technology and outsourcing company Capgemini.
He oversaw the company becoming the only IT services company to make the Fortune 100 Fastest Growing companies in 2014.
Before joining IGATE, Mr. Vemuri spent fourteen years at Infosys, a multinational consulting and IT services company, in a variety of leadership and business development roles.
From 2012 to 2013, he served as senior vice president and head of Americas and global head of Manufacturing and Engineering Services. Mr. Vermuri was a member of the board from 2011 to 2013. He was also the key architect of the company’s vertical go-to-market model.
Prior to joining Infosys in 1999, he worked in the investment banking industry at Deutsche Bank and Bank of America.
Mr. Vemuri is a member of the World Economic Forum IT Board of Governors. He won the Board of Enterprise Asia Outstanding Entrepreneur Award and IAIR Businessman of the Year award in 2015.
He holds a Bachelor of Science degree with honors in physics from St. Stephen's College, Delhi and received his MBA from the Indian Institute of Management, Ahmedabad.