Michael Festa, Chair

Michael Festa is the chief financial officer for Xerox Services. He was named to this position in January 2012. Festa was appointed as corporate vice president of Xerox in October 2010. In this position, Festa oversees financial operations for the Services Business Group ensuring adequate internal controls, financial discipline and integrity.

Prior to this appointment, Festa was vice president of business transformation, finance, mergers and acquisitions for the Xerox Global Customer Operations Group. He managed Xerox’s acquisition investments, valuation analysis and negotiations as well as the company’s intellectual property operations. In addition, he was responsible for driving Global Customer Operations infrastructure and business transformation initiatives, including managed print services, remote services and offering simplification.

Festa joined Xerox in 1990 and has held a variety of positions in finance, which includes serving as chief financial officer of both Xerox Europe and Developing Markets Operations, finance executive for the Production Systems Group, and director of corporate financial planning and analysis. Before joining Xerox, he served as a manager at Deloitte and Touche.

Festa holds a bachelor’s degree in accounting from Seton Hall University and is a Certified Public Accountant.

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