Announces Addition of Erroll B. Davis, Jr. to Slate of Highly Qualified Director Nominees
Urges HP Stockholders to Secure Superior Value by Supporting Xerox's Offer and Electing Xerox's Slate of Director Candidates
Xerox Holdings Corporation (NYSE:XRX) ("Xerox") today announced that it is filing a preliminary proxy statement with the United States Securities and Exchange Commission ("SEC") in support of its slate of independent candidates to replace the board of directors of HP Inc. (NYSE:HPQ) ("HP") at HP's 2020 Annual Meeting of Stockholders.
Following the expansion of HP's board slate from 11 to 12 members, Xerox has provided notice to HP that it is adding Erroll B. Davis, Jr., former chairman and chief executive officer of Alliant Energy Corporation, to its existing slate of highly qualified director nominees. Mr. Davis has extensive public company director experience, having served on the board of directors of Union Pacific, General Motors, PPG Industries and BP.
Xerox's slate now comprises 12 director candidates, including: Betsy Atkins, George Bickerstaff, Carolyn Byrd, Erroll B. Davis, Jr., Jeannie Diefenderfer, Kim Fennebresque, Carol Flaton, Matthew Hart, Fred Hochberg, Jacob Katz, Nichelle Maynard-Elliott and Thomas Sabatino, Jr.