The Chief Executive Officer (CEO) of Xerox, John Visentin passed away at the age of 59 on Tuesday. He became the chief executive of Xerox in 2018 and was also serving as the vice-chairman.
He led the distinguished photocopying and technology company, Xerox, through a difficult pandemic at a time when demand for printed ink and documents declined drastically.
Prior to working for Xerox (XRX), he held positions at a number of distinguished major firms including Hewlett-Packard Co. and International Business Machines Corp. until this day.
Xerox CEO John Visentin Illness: Did He Die From Cancer?
It still remains uncertain if John Visentin was diagnosed with cancer or any other illness. Apart from the news of his death due to ongoing illness nothing precise has been ascertained by reliable sources.
‘Xerox CEO John Visentin passed away of complications from an ongoing illness,’ the company uncovered in a statement. That mentioned, the company didn’t share information about the illness.
The 59-year-old CEO’s untimely death was reported by Xerox. ‘The Xerox family expresses its heartfelt sympathies to John’s wife, his five kids, and his family.’, the company stated in the disclosure news.
His obituary, funeral arrangement, and visitation haven’t been released by the family thus far. Our deepest prayers are with the family and loved ones of Xerox CEO, Visentin.
Apart from the disclosure of his death, nothing significant with regard to the illness he was diagnosed with has been unearthed by the company nor have any reliable sources thus far on the web.
His family has also hasn’t spoken about his death thus far. On top of that, news of Visentin being diagnosed with any illness hadn’t been published; hence it means he was discreet about his health conditions.
XRX’s chairman, James Nelson, penned a statement: ‘Since joining the company in May 2018, John moved Xerox forward.’ ‘His passion, energy, and dedication to the company, its clients, business partners, and staff will be missed greatly.’
Xerox reported the unanticipated death of Visentin and stated that Steve Bandrowczak, president and chief operating officer, has reportedly been appointed as interim CEO.
John Visentin Net Worth At Death
Talking of John Visentin’s net worth at death, he had a net worth a sizable net worth estimated to be between $20 and $25 million which is accumulated as CEO as well as in other endeavors.
He had a total disclosed compensation reportedly of $18,144,360 in 2020. Visentin was provided with a “leadership retention award” of reportedly $900,000 in cash in 2020 by the company.
John kicked off his career with IBM Canada. He held various positions including vice president, executive in charge of client advocacy, and general manager according to his LinkedIn profile.
Who Is John Visentin Wife?
John Visentin is survived by his wife, his five children, and his family. Besides that, detailed information in regard to his wife and family has been refrained from sharing in the public.
Death has always left people with a deep sense of sadness and an unexplainable sense of loss. Words cannot suffice for what his family must be going through at the moment.