Xerox CEO quits in settlement with top shareholders
US photocopier-maker Xerox CEO Jeff Jacobson will resign in settlement with two of the company's investors, Carl Icahn and Darwin Deason. This comes after the duo, who hold 15.2% stake in Xerox, won a court order to temporarily block Xerox's $6.1 billion takeover by Japan-based Fujifilm. The court ruled that deal prioritised the CEO's interests over that of major shareholders.